Abercrombie & Fitch To Close 60 Stores As Online Becomes ‘Largest Storefront’
Abercrombie & Fitch Co. will close 60 U.S. stores in 2018 when their leases expire, but the retailer’s Q4…
News March 8
Latest In: store closures
Best Buy To Close 250 Small Format Mobile Shops
Despite reporting positive Q4 sales results (up 9%), Best Buy will shut down 250 of its small-format Mobile…
News March 1JCPenney Distribution Center Shutdown Will Cut 670 Jobs
JCPenney will lay off 670 employees this summer as it plans to close and sell its Wauwatosa, Wisc.…
News February 15Toys ‘R’ Us Will Close 180 Stores, Co-Brand Select Stores With Babies ‘R’ Us
Toys ‘R’ Us is closing 180 stores — approximately 20% of its physical footprint in the U.S. —…
News January 24Sears To Close 100+ More Stores, While Macy’s Announces 5,000 Job Cuts
Store closures will continue to be a running theme in retail throughout 2018, and department stores are already…
News January 5Report: Store Closures To Reach 12,000 In 2018
2017 was a whirlwind for U.S. retailers, with more than 20 retailers filing for bankruptcy and brick-and-mortar store…
News January 2Charming Charlie Files For Bankruptcy In A ‘Back-to-Basics’ Turnaround
Charming Charlie has filed for Chapter 11 bankruptcy, preparing to close approximately 100 underperforming stores by the end of…
News December 14
Holiday Sales Struggles Again Plague Department Stores
Although the NRF reported that overall holiday retail sales increased 4% in 2016, traditional retailers, predictably, did not…
Features February 24Payless Mulls Closing 1,000 Of 4,400+ Stores
The store closing bug has claimed its latest victim, with Payless ShoeSource reportedly shuttering as many as 1,000…
News February 13Top Stories
