Latest In: store closures

activist investors bloomingdales bluemercury department stores dupe culture Featured Holiday ThinkTank (2025) Holiday ThinkTank: Business Agility & Innovation (2025) Macy's Macy's Inc NRF Big Show store closures transformation strategy
CEOs of Macy's Inc, Bloomingdale's and Bluemercury discuss their company's future at the NRF Big Show.

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…

Features January 13
acquisition bankruptcy bankruptcy filing Big Lots chapter 11 bankruptcy Chapter 11 bankruptcy filing Nexus Capital Management store closures
Homepage of Big Lots bankruptcy site

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…

News November 26
American Freight bankruptcy Buddy's Home Furnishings chapter 11 bankruptcy Franchise Group Pet Supplies Plus restructuring store closures the vitamin shoppe
American Freight store exterior

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…

News November 4
bed bath & beyond Beyond buybuy baby digital-first retailer dream on me store closures
BuyBuy Baby is closing its remaining stores and going digital-first.

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…

News October 18
restructuring store closures turnaround plan Walgreens walgreens boots alliance
Walgreens banner

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…

News June 28
acquisition bankruptcy filing bonobos Brookfield Properties chapter 11 bankruptcy company sale express Express Inc. Simon Property Group store closures upwest whp global
An Express store.

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…

News April 22
bankrutpcy restructuring Rite Aid store closures
Rite Aid will close 31 additional stores as part of its bankruptcy.

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…

News March 4
bloomingdales bluemercury corporate layoffs Macy's Macy's Inc store closures turnaround strategy
Macy's has announced layoffs and store closures as new CEO prepares to take the helm.

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…

News January 22
Chapter 11 bankruptcy filing customer lawsuits Rite Aid store closures
New reports indicate that Rite Aid is negotiating with creditors on a Chapter 11 plan that would include liquidating stores.

WSJ Report: Rite Aid Plans to Close Hundreds of Stores in Bankruptcy Deal

Editor’s note 10/5/23: This article has been updated with new information since it was originally published on Sept.…

News September 26
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