Sears is closing at least 40 stores in 24 states, in addition to the 166 stores that the company previously announced will close. Most of the stores on the new list will be closed in July-August 2018, writes Time. Sears while ...
The Bon-Ton department store chain has been another victim of the US retail crisis. Bon-Ton Stores Inc. announced the closure of all 256 outlets of its chain, which includes stores Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers, writes CNN. Court…
Retail chain Toys R Us will sell or close all of its stores in the United States. We are talking about 800 retail outlets, in which about 33 thousand people are involved, reports The Washington Post, citing a source familiar with the situation. In autumn 2017 ...
Toys R Us, a chain of children's goods stores, is planning to close four retail outlets in South Florida in the near future, in connection with which it will begin final sales of goods there. The closure will take place as part of the network bankruptcy process, during which it is planned ...
Sears Holdings, which owns Sears and Kmart stores, continues to cut costs and will close an additional 63 stores at the end of January 2018, 45 Kmart stores and 18 Sears stores. The company has already closed in 2017 ...
Over the past week (May 28 - June 3), more than 1000 retail stores were closed in the United States. Clothing and accessories brand Michael Kors announced the closure of more than 100 locations, in addition, electronics giant Radio Shack closed a thousand outlets...
Womenswear company Bebe will close its last 2017 stores in the United States by the end of May 168. Thus, the company has joined many American retailers closing physical stores, writes Woman ForumDaily. The company has already closed some of its stores in order to ...
JCPenney has announced plans to close 130 to 140 stores in the United States over the next few months. The retailer made this decision amid falling sales in a number of chain stores, writes CNBC. After this announcement, the value of the company's shares ...
Times are tough for retailers. About 44 thousand employees of various retailers were laid off in 2016, writes CNN. More retailers are losing customers, closing stores and laying off employees. Among them are Macy's, JCPenney, Sears and ...