Just last month, Macy’s announced that it would be shutting down 68 stores across the country. Today, the retailer clarified its previously disclosed plans to eventually close a total of around 100 locations by confirming that 34 Macy’s stores will be tossed on the garbage pile “over the next few years.” [More]
for whom the bell tolls
PacSun Reportedly Preparing To File For Bankruptcy
The bankruptcy rumor mill has been turning yet again, with a new report in the wind that says Pacific Sunwear — commonly known as PacSun — is preparing a Chapter 11 filing. [More]
Report: Quiznos Is Preparing To File For Bankruptcy
Is it time you start saying goodbye to your [insert favorite toasted Quiznos sandwich here]? Not quite, but the sandwich chain is reportedly readying itself to file for bankruptcy-court protection in the next few weeks, under the strain of complaining franchisees and a $570 million debt load. [More]
Which State Stands To Lose The Most Blockbuster Stores?
While many people might have scratched their heads and thought, “Huh. I didn’t know there were any Blockbuster stores left to close” after yesterday’s announcement that Dish would be shuttering the chain’s remaining locations, there are 303 Blockbusters that will cease to exist in January. We’re sorry to inform you, Texas, but you’re going to feel the loss more than any other state. [More]
After 14 Years, Taco Bell Stops Giving Free Chalupas To Portland Trail Blazers Fans
For more than a decade, whenever the Portland Trail Blazers scored at least 100 points during a home game, every person at the game got a coupon for a free Taco Bell Chalupa. But when the new season starts, the Blazers will have less of an incentive to put up triple-digit numbers, as Taco Bell has apparently pulled the plug on the longtime promotion. [More]