New Mexico grocery stores close for 2 weeks due to COVID-19

Grocery stores across New Mexico have been forced to close for two weeks due to a decree issued by Gov. Michelle Lujan-Grisha in response to the COVID-19 situation. The state is currently experiencing record high unemployment and food insecurity. Closing details ...

11 Biggest Bankruptcies of 2020: Mostly Retailers Affected

As of August 9, 424 companies filed for bankruptcy, according to S&P Global Market Intelligence, allowing the United States to reach its highest annual rate in a decade. Business Insider writes about it. More than 100 of these companies are large retailers. These…

22 large companies closing stores in the US due to bankruptcy

Some shops and restaurants are closed forever, writes GOBankingRates. On July 8, Brooks Brothers became the latest company to file for bankruptcy during 2020, a financially violent year for many businesses. The retailer announced the closure of 51 stores as a result of ...

JC Penney has a big sale before closing: store list

JC Penney has once again updated the list of closing stores - now it has 136 locations. Sales start on Wednesday June 17th with discounts ranging from 25% to 40% off original prices. All sales will be final after June 25, writes USA ...

JC Penney closes hundreds of stores in the US due to bankruptcy

Representatives of JC Penney said they plan to close almost 29% of stores - or 242 outlets - as part of their bankruptcy, writes USA Today. A few days after filing for bankruptcy, representatives of JC Penney said they plan to close more ...

Macy's closes 125 stores and cuts thousands of employees: what's next

Macy's plans to close 125 stores over the next three years and cut thousands of corporate jobs, Business Insider said in an official statement on February 4. The store closure plan covers about a fifth of the company's retail locations. Macy's ...

Macy's will close 2020 stores in the US in early 15: list of locations

In 2016, Macy's said it would close 100 stores after reporting declining sales for six consecutive years. Since then, the chain has closed such locations as their leases expire. In early 2020, the retailer will close at least 15 ...

Retail Apocalypse: Which Networks Close Stores and Bankruptcy

Some of the most prominent US retailers have filed store closings or bankruptcy in recent months amid falling sales. The rise in the number and popularity of e-commerce stores such as Amazon made it difficult for traditional retailers to attract shoppers to stores and forced companies to change ...

16 popular retailers that can close forever

Most Americans have favorite stores that they want to visit again and again. Unfortunately, some of them may soon close for good. Retailers can't compete with e-commerce and this is painful not only for business owners and employees, but ...

Apocalypse in retail: 2019 stores will close in the US in 5800, the year. LIST

The staggering speed of store closings that have rocked U.S. retail over the past couple of years will continue into 2019. According to CoStar Group estimates, retailers closed a record 102 million square feet of retail space in 2017 and then broke that record in ...

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