Comfy shoes seller Aerosoles recently followed in the footsteps of many other familiar mall retailers, declaring bankruptcy and announcing plans to shutter many of its retail locations. Now, thanks to a court filing, we have the list of the Aerosoles stores actually heading for eternal rest. [More]
store closings
Here Are The 28 Kmart Stores Closing Later This Year
Sears Holdings, the parent company of Kmart and Sears, shared in its most recent quarterly earnings report that it plans to close 28 more Kmart stores. The company saved the closures list for later in the day, and now we have it for you. [More]
Here Are The 331 Stores Gymboree Plans To Close
Last month, children’s clothing retailer Gymboree announced that it would be filing for Chapter 11 bankruptcy to help it get out from more than $1.4 billion in debt. Part of its reorganization would also include closing some stores, and a month later, the chain has released its initial list of store closings. [More]
Report: Sears Holdings Plans To Close 72 Stores, Mostly Kmart
Sears Holdings, the parent company of Sears and Kmart, doesn’t like articles about how many stores it’s closing. Instead, the company tries to limit news releases about its plans to local news outlets. The company reportedly plans to close 49 Kmart discount stores, 16 Sears department stores, and seven Sears Auto Centers. [More]
Here’s The Official List Of Payless Stores That Are Closing Next
While Payless ShoeSource is waiting to hear back from the court and its landlords about more than 400 stores that it may close without a break on rent, the discount shoe chain has released a list of 112 stores that definitely are closing next. [More]
Here Are The 408 Stores Payless ShoeSource Wants To Close Next
Payless ShoeSource, the world’s most reliable source for glitter-covered ballet flats for under $10, filed for Chapter 11 bankruptcy protection in April, and immediately began the closing process for 400 stores, around 10% of its footprint. Now the chain has asked the bankruptcy court for permission to close an additional 408 stores — and we have the list. [More]
When A Store Closes, Where Must Everything Go?
With a record number of retail bankruptcies this year and surviving chains trimming their store counts, there are a lot of store closing sales happening across the country. Yet when a store closes its doors and the liquidation sales have been thoroughly picked over, where does everything end up? [More]
Report: Gymboree Could Close 350 Stores, Bankruptcy May Come Next Week
Kids’ clothing chain Gymboree isn’t failing, exactly, but it’s doing business under a massive debt load. Now “people familiar with the matter” say that the chain is planning to close up to 350 of its 1,300 stores, and that its bankruptcy filing could come as soon as next week. [More]
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]
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]
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]
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]
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]
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]
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
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]
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]
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]