store closures

UPDATE: Kirkland’s Asks Beyond for $5 Million More

[Update as of May 6, 2025] Following lackluster Q4 2024 and full-year results, Kirkland’s is in active discussions to secure a $5…

UPDATE: Forever 21 Cites De Minimis Loophole in 2nd Bankruptcy Filing

[Update as of March 17, 2025] The operating company that runs Forever 21’s U.S. business (F21 OpCo) has filed for Chapter 11…

UPDATE: Joann Begins Closing Sales in 790 Locations

[Update as of March 6, 2025] Joann has officially started closing sales at all of its 790 locations nationwide, according to a…

174-Year-Old Books Inc. Files for Bankruptcy, CEO Promises Company is ‘Not Going Away’

Californian independent bookstore chain Books Inc. has filed for Chapter 11 bankruptcy, citing “steadily rising” operating costs and changing consumer habits as…

Macy’s Leaders Answer 6 Big Questions About the Company’s Future at NRF

The leaders of Macy’s Inc.’s three retail banners — Macy’s, Bloomingdale’s and Bluemercury — took the stage together on Sunday, Jan. 13…

UPDATE: Big Lots Sale to Investment Firm Approved, Paving the Way for a ‘New Phase’

[Update from Nov. 26, 2024] Big Lots has received court approval for the sale of all of its assets and ongoing business…

Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its…

BuyBuy Baby to Close all Stores by Year-End, Go Digital-First

A little over a year after being acquired out of bankruptcy and reopening 11 physical stores, BuyBuy Baby has announced plans to…

Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,”…

Express Files for Bankruptcy to Facilitate Sale to WHP

A consortium led by Toys ‘R’ Us owner WHP Global that includes mall operators Simon Property Group and Brookfield Properties has offered…

UPDATE: Rite Aid Plans to Close Another 77 Stores in 2024

Update 3/4/2024: As part of its financial reorganization, Rite Aid plans to close an additional 77 stores this year, according to multiple…

UPDATED: Activist Investor Pushes for Response to Takeover Bid as Macy’s Announces Layoffs, Store Closures

[Editor’s Note 1/23/24: This story was updated on Jan. 22 to include details from a Jan. 21 statement from Macy’s, Inc. investor…

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store closures

UPDATE: Kirkland’s Asks Beyond for $5 Million More

UPDATE: Forever 21 Cites De Minimis Loophole in 2nd Bankruptcy Filing

UPDATE: Joann Begins Closing Sales in 790 Locations

174-Year-Old Books Inc. Files for Bankruptcy, CEO Promises Company is ‘Not Going Away’

Macy’s Leaders Answer 6 Big Questions About the Company’s Future at NRF

UPDATE: Big Lots Sale to Investment Firm Approved, Paving the Way for a ‘New Phase’

Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

BuyBuy Baby to Close all Stores by Year-End, Go Digital-First

Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Express Files for Bankruptcy to Facilitate Sale to WHP

UPDATE: Rite Aid Plans to Close Another 77 Stores in 2024

UPDATED: Activist Investor Pushes for Response to Takeover Bid as Macy’s Announces Layoffs, Store Closures

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