Just yesterday McDonald’s new CEO Steve Easterbrook claimed that he was in the midst of developing a turnaround plan for the once unstoppable fast food force. However, it appears his ideas on how to reverse sagging sales and criticism of labor practices comes a bit too late for about 700 locations that have already closed or are slated for closing this year. [More]
store closing
Frederick’s Of Hollywood Closes All Stores, Moves Business Online
By 4.16.15
Just two months ago Frederick’s of Hollywood made plans to shutter one-third of its stores, keeping just 60 locations open. Since then, the company appears to have drastically rethought its “re-engineering” strategy, announcing today that it will close all stores and move to an online-only business model. [More]
Walgreens Closing 200 U.S.-Based Stores In Latest Cost-Cutting Measure
By 4.9.15
Walgreens isn’t just doing away with its “Be well” campaign, the drugstore now also plans to shutter 200 of its 8,232 stores in the U.S. over the next two years. [More]
And Teens Everywhere Cried: American Eagle Outfitters Set To Close 150 Stores
By 5.21.14
Soon a graphic T-shirt-sized hole will appear in the hearts of teenagers across America. That’s because American Eagle Outfitters is gearing up to shut down more than 100 stores. [More]
Office Depot Shuttering 400 Stores, Because No One Wants To Compete Against Themselves
By 5.6.14
Are too many office supplies a bad thing? Apparently so for Office Depot and Office Max. As the merger of the two companies gets underway an overlap of stores in the same areas means some stores will be closing their doors. [More]
Surprise: Working In A Closing Ultimate Electronics Really Sucks
By 2.25.11
Consumerist readers know that liquidation sales at big-box stores usually offer nothing but large, rude crowds and crappy deals. An anonymous Ultimate Electronics employee who is also a longtime reader wrote in to offer some tips for shoppers who want to check out the sale. Those tips are really more of a rant about what it’s like to work in a store that’s being liquidated. [More]
Circuit City Liquidator Demonstrates Its Ability To Do Math
By 11.11.08
Reader Scott went to the closing Circuit City in Oklahoma City and found that there weren’t many deals to be had. He also noticed that Circuit City’s liquidator seems to be having a problem calculating their discounts.
No Love at the Radio Shack; Store Closings and Resume Fakeries
By 2.20.06
s besieged CEO Dave Edmonson on Friday. The company operates 7,000 stores, all of which need your zip code to sell you batteries.
