store closings

Joachim Rayos

Retail Continues To Suffer As Sales Decline For Second Month In A Row

For the first time in nearly two years, retail sales declined two months in a row, highlighting once again the current challenges facing a retail industry that has suffered a number of bankruptcies and store closures so far in 2017. [More]

JeepersMedia

Here’s The List Of Payless Stores That Will Be Closing

Now that Payless has filed for bankruptcy, the shoe chain will be closing the doors of 400 stores around the country. To help shoppers deal with the shutdowns, Payless has provided a list of not only which stores are closing but where shoppers can find stores nearby that will remain open. [More]

Mike Mozart

Payless Files For Chapter 11 Bankruptcy, Will Close 400 Stores

It seems like every mall has at least one Payless ShoeSource, but the chain is about to become a little less ubiquitous: It filed for Chapter 11 bankruptcy today, as expected, and announced plans to close 400 of its 4,000 stores. [More]

somegeekintn

Number Of Big Retail Bankruptcies In 2017 Already Equal To All Of Last Year

We’re only three months into the year and already the retail battlefield is littered with the corpses of nine brands that have filed for bankruptcy — the same number that filed in all of 2016. [More]

Mike Mozart

Here’s The List Of JCPenney Stores Closing This Spring

JCPenney has done the best job of all American department store chains at adapting to the new retail reality and recovering from a brief complete brand makeover under former CEO Ron Johnson, but that reality still means closing some of its stores. Today, the chain released the list of 138 store locations that it plans to close in the coming months. [More]

Consumerist

RadioShack May Close Somewhere Between 530 And All Of Its Stores

For the second time in 25 months, electronics retailer RadioShack has filed for bankruptcy protection. The first time around, The Shack closed just over half of its stores, partnering with Sprint to keep the rest open and preserve thousands of jobs. This week, the company formed to keep the brand going sought permission from the bank to close between one-third and all of its stores. [More]

Consumerist

Report: RadioShack In The Process Of Closing Around 200 Stores

As rumors continue to swirl that RadioShack’s parent company is preparing to file for bankruptcy, a new report backs that up, and says that the chain is in the process of closing around 200 stores. From the response we’ve gotten from readers asking about the status of their local stores, we aren’t surprised. [More]

Is Your Local RadioShack Store Closing Soon? Let Us Know

Is Your Local RadioShack Store Closing Soon? Let Us Know

Amid recent rumors that the company that now owns RadioShack is preparing to file for bankruptcy, and scattered reports of store closures around the U.S., we started noticing signs — very literal ones — that the company could be making a concerted effort to shut down stores. [More]

Daniel Oines

hhgregg Closing 88 Stores And 3 Distribution Centers: Here’s The List

hhgregg, a retailer whose name we assure you we have capitalized correctly, is closing 40% of its stores across the country. The company calls this a plan to “advance turnaround,” while its stock has been delisted from the New York Stock Exchange for having too low a share price, and rumors swirl that it’s planning to file for bankruptcy protection. [More]

Mike Mozart

Report: Payless Looking To Reduce Its Footprint, Close 1,000 Stores

Payless, the ubiquitous discount shoe retailer with more than 4,400 stores in 30 countries, is reportedly looking to cut back on its ubiquity. Just like just about every other retailer in your local mall, especially the ones that sell clothing, the company has too many stores and too much debt. [More]

Phillip Pessar

The Limited Confirms It Will Shut Down All Remaining Brick-And-Mortar Stores Jan. 8

Following the news of major store closing by fellow retailers Sears, Kmart, and Macy’s, the retail carnage continues with The Limited. After weeks of having liquidation and store-closing sales without admitting its demise, the retailer has finally confirmed it will shutter all of its remaining physical stores on Sunday, Jan. 8, and exist henceforth as an online-only merchant. [More]

Nicholas Eckhart

Sears Holdings Announces Another Round Of Kmart And Sears Closings

There are two related pieces of news out of Sears Holdings this week. First, the company is closing another round of Kmart and Sears stores across the country. Second, it’s set to borrow at least another $200 million from its manifesto-writing CEO. [More]

Nicholas Eckhart

At Least 24 More Kmart Stores To Close By End Of 2016

At the end of last week, employees at Kmart stores across the country received bad but not entirely unexpected news: their stores are closing by the end of 2016, and they will lose their jobs. We can confirm that dozens of locations in 11 states plan to close on or before Dec. 11, and will most likely add more locations to this list later today or later this week. [More]

Nicholas Eckhart

Sports Authority Store Closing Sales Will Start Around May 25, End Around August 31

If you’re looking for a great deal on some athletic clothing or sports gear, get ready to head over to Sports Authority… maybe sometime in July. Deep in debt and unable to reorganize itself to keep going, the company declared bankruptcy in March. Liquidators outbid competitors for the remaining stores, and Dick’s and Modell’s only wanted a few dozen stores combined anyway. [More]

Nicholas Eckhart

Sports Authority Will Liquidate, Sell Some Stores To Competitors

When Sports Authority filed for bankruptcy protection last month, the company hoped that it might be able to survive the process, re-organizing its debts and keeping some of its stores open. Today in bankruptcy court, a company attorney told the judge that Sports Authority will not continue, and there are prominent but unnamed companies that may purchase some of the chain’s remaining 300 or so stores. The bankruptcy auction will be on May 16. [More]

Scott Miller

Report: Sears Would Need To Close Nearly Half Its Stores To Succeed

While last week’s announced closings of 78 Sears Holdings stores made headlines, the company has been quietly culling retail locations for years. But a new analysis of the department store sector concludes that Sears and other mall mainstays are far from finished with eliminating stores. [More]

Nicholas Eckhart

Sears Holdings Will Close Additional 68 Kmart Stores, 10 Sears Stores

In their recent rounds of store closings, Sears Holdings tried something new: they announced them to the stores’ local news outlets, but didn’t release a nationwide list of stores slated to close. We started compiling our own list based on local news stories and reader tips at the beginning of this year. Late Thursday, Sears Holdings announced an additional 78 store closings, and saved us some work by putting out a national list. Scheduled to close in this round are 65 Kmarts, 3 Super K stores, and ten Sears stores. [More]

Kevin McCarthy (modified)

All Hancock Fabrics Stores Will Liquidate, Close

Back in February, the long-troubled craft store chain Hancock Fabrics filed for bankruptcy for the second time in a decade. This time, there will be no reorganization. The chain planned to close 70 stores and tried to find a buyer for the remaining 185 that would keep the open and preserve thousands of jobs across the country. The winning bidder in yesterday’s auction in bankruptcy court was Great American Group, a liquidator. [More]