Tag:

Store Closures

Foot Locker Closing Stores In Major Shakeup: 'Clean Out The Garage' Foot Locker Closing Stores In Major Shakeup: 'Clean Out The Garage'
Foot Locker Closing Stores In Major Shakeup: 'Clean Out The Garage' Several Foot Locker stores are closing a few months after Dick's Sporting Goods purchased the sneaker chain in a $2.5 billion deal. Dick's announced the closures in its third-quarter earnings report on Tuesday, Nov. 25. The Pittsburgh-based sporting goods giant completed its purchase of Foot Locker in September. The restructuring aims to prevent Foot Locker from weighing down Dick's profits. "At Foot Locker, we've assembled a world-class management team and are taking decisive actions to 'clean out the garage' by clearing unproductive inventory, closing underperforming stores and…
Starbucks To Shutter Newington Location In Round Of Layoffs, Store Closures Starbucks To Shutter Newington Location In Round Of Layoffs, Store Closures
Starbucks To Shutter Newington Location In Round Of Layoffs, Store Closures In a cost-cutting move, Starbucks announced it will eliminate about 900 jobs and shut down 100 stores across North America as it struggles with declining sales. Two of those closures are in Connecticut. CEO Brian Niccol shared the news with employees on Thursday, Sept. 25, calling the restructuring effort the "Back to Starbucks" plan. He said the initiative is aimed at improving customer engagement and streamlining corporate operations. The company said it plans to close underperforming stores—locations that fail to meet Starbucks’ standards or show limited financial potential. In Connecti…
Claire's Closing Three CT Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones Claire's Closing Three CT Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones
Claire's Closing Three CT Stores, 290+ Nationwide After Bankruptcy Filing: See Which Ones Claire's has revealed nearly 300 of its stores that will be closing as the popular mall brand navigates bankruptcy. The well-known children's jewelry and ear-piercing retailer released a list of the 291 locations that are shuttering in a bankruptcy court filing on Monday, Aug. 25. That includes 71 Claire's and Icing stores across the Northeast. The closures add to the financial pressure facing the mall chain, which filed for bankruptcy earlier in August. Claire's is working to restructure nearly $500 million in debt by December 2026, Bloomberg reported. Columbia, Maryland-based Ames W…
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores A popular home goods retailer is declaring bankruptcy, citing President Donald Trump’s sweeping tariffs and a significant drop in consumer spending. At Home has filed for Chapter 11 bankruptcy, the Dallas-area company announced on Monday, June 16. The retailer said it reached a deal with lenders to eliminate nearly $2 billion in debt and receive a $200 million capital infusion. The move will allow At Home to continue operating during the court-supervised restructuring process. "We are continuing to offer the home furnishing pairings that customers expect to find at our store…
CVS Closing Hundreds Of Stores Across US CVS Closing Hundreds Of Stores Across US
CVS Closing Hundreds Of Stores Across US CVS says it will close 271 retail locations across the country by the end of the year. The company — the world’s second-largest healthcare provider — announced the move to stockholders late last week as part of an enterprise-wide restructuring plan. The goal, CVS says, is to simplify the organization, improve efficiency, and generate more than $500 million in cost savings in 2025. CVS has not yet released which stores will be affected or when closures will take place. The company currently operates around 9,100 stores across the US. Founded in 1963 in Lowell, Massachusetts, CVS is n…
This NJ Kohl’s Is Among 27 Closing This Weekend, Company Confirms This NJ Kohl’s Is Among 27 Closing This Weekend, Company Confirms
This NJ Kohl’s Is Among 27 Closing This Weekend, Company Confirms Twenty-seven underperforming Kohl’s stores are set to close their doors for good this weekend, with Saturday, March 29 marking the final day of business for more than two dozen locations across the country. Closures include stores in the following states: Pennsylvania: Pottstown, 351 W. Schuylkill Road New Jersey: East Windsor, 72 Princeton Hightstown Road Massachusetts: Stoughton, 501 Technology Center Drive Virginia: Herndon, 2100 Centreville Road; Williamsburg, 100 Gristmill Plaza In addition to the store closures, Kohl’s announced it will shut down its San Bernardino E-commerce Fulfill…
Dollar Tree Sells VA-Based Family Dollar For $1B As Tariffs, Online Rivals Slam Discount Chains Dollar Tree Sells VA-Based Family Dollar For $1B As Tariffs, Online Rivals Slam Discount Chains
Dollar Tree Sells Va-based Family Dollar For $1B As Tariffs, Online Rivals Slam Discount Chains Family Dollar is being sold for $1 billion — about one-ninth of what Dollar Tree paid for it a decade ago — as discount chains nationwide face fierce online competition and President Donald Trump's tariff threats. Dollar Tree will offload Family Dollar to Brigade Capital Management and Macellum Capital Management, the company said in a news release on Wednesday, Mar. 26. The deal follows a full review of strategic alternatives and is expected to close later this spring. Family Dollar will stay headquartered in Chesapeake, Virginia. The chain's current president Jason Nordin w…
Walgreens To Close Milford Pharmacy, Raising Number To 5 Across State Walgreens To Close Milford Pharmacy, Raising Number To 5 Across State
Walgreens To Close Milford Pharmacy, Raising Number To 5 Across State Walgreens has announced it will close two more stores next month as the pharmacy giant continues reducing its footprint across the country. The pharmacy chain announced this week it would shut the 311 E. Main St. Middletown store and 1083 Boston Post Road in Milford on April 23, according to its website.  Walgreens previously announced closures in Waterbury, Hartford, and New Haven slated for next month. Prescriptions from the closing stores will be transferred to nearby Walgreens locations, and customers will receive notifications by mail. The retailer plans to close …
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General will close more than 140 stores after a sharp drop in profits, marking a shift in strategy as the discount retailer faces rising costs and changing consumer habits. Dollar General will shut down at least 96 Dollar General locations and 45 pOpshelf stores in 2025, the company said in a news release on Thursday, Mar. 13. There are about 20,434 Dollar General stores and 231 pOpshelf locations, according to data company ScrapeHero. Another six pOpshelf stores will be converted into Dollar General locations. "As we look to build on the substantial progress we made …
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS is rolling out a new wave of smaller-format pharmacies in select communities nationwide as it tries to adapt to changes in the retail world. CVS plans to open at least a dozen of these compact pharmacies nationwide in 2025, a spokesperson confirmed to Daily Voice on Monday, Mar. 10. The pharmacy-only locations aim to improve access to medications, immunizations, and pharmacist-provided health care services. Each location will average less than 5,000 square feet, with a full-service pharmacy and a limited selection of over-the-counter products tailored to a community. "By taki…
Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store
Macy’s Closing 4 PA Locations Including Wanamaker Center City Philly Store Macy’s, Inc. confirmed Thursday, Jan. 9, that its Center City Philadelphia store in the historic Wanamaker building will close, along with three other Pennsylvania locations, as part of the company's nationwide "Bold New Chapter" strategy. The Wanamaker building store at 1300 Market Street will shut its doors permanently, along with Macy’s locations at: Logan Valley Mall Exton Square Mall Wyoming Valley Mall These closures are part of Macy’s plan to eliminate 150 "underproductive stores" over three years, allowing the retailer to focus resources on 350 "go-forward" locations nationwide, …
Big Lots Files For Bankruptcy As List Of Store Closures Expands To 10 In NY Big Lots Files For Bankruptcy As List Of Store Closures Expands To 10 In NY
Big Lots Files For Bankruptcy As List Of Store Closures Expands To 10 In NY Discount retail chain Big Lots has filed for bankruptcy as its list of planned store closures expands. It currently has around 1,425 stores nationwide. The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. In announcing initial store closures late in late July, Big Lots said a bankruptcy filing could be coming. Stores in the Northeast now slated for closure are as follows: New York Delaware Avenue, Buffalo South Ogden Street, Buffalo Route 5 & 20, Canandaigua  Voice Road, Carle Place Centereach …
LL Flooring Files For Bankruptcy, To Close 4 CT Stores, Including Norwalk LL Flooring Files For Bankruptcy, To Close 4 CT Stores, Including Norwalk
LL Flooring Files For Bankruptcy, To Close 4 CT Stores, Including Norwalk With some 300 stores nationally, the mega-floor retailer LL Flooring has filed for bankruptcy and announced it plans to close at least 90 stores, including four in Connecticut. According to a statement from LL Flooring, the stores being closed in Connecticut include Fairfield County in Norwalk and New Haven County in Milford, North Haven, and Waterbury. The business said the three remaining stores in Danbury, Waterford, and Harford will remain open. Charles Tyson, president and CEO of LL Flooring, said, “After comprehensive efforts to enhance our liquidity position in a challenging ma…
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts Big Lots To Close Hundreds More Stores, Including Several In Massachusetts
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts It's more bad news for discount retailer Big Lots. The nationwide chain announced in June that it would close 40 stores following dismal sales and rising costs, but in a new filing last week, the company said it may need to shutter nearly 300 locations — several of them in the Northeast.  Big Lots announced in a US Securities and Exchange Commission filing on Friday, Aug. 2, that under an updated term sheet, the company would need to close 20 percent of its 1,392 stores — about 290 in all.  Here are some of the local closures. Connecticut — Eight stores Manchester — 1…
New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT
New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT This story has been updated. Stop & Shop announced they plan to close 32 underperforming stores, including five in Connecticut.  The company said on Friday, July 12, that the closures allowed it to take the next steps in its plans to position the company for growth. Following the closures, Stop & Shop will continue to have a strong presence across its five-state footprint, with more than 350 stores. The impacted stores include:  100 Division St., Ansonia, New Haven County 855 Bridgeport Ave., Milford (1360 East Town Road, Milford will remain open), New Haven County 21…
Stop & Shop To Close Underperforming Stores In Northeast Stop & Shop To Close Underperforming Stores In Northeast
Stop & Shop To Close Underperforming Stores In Northeast The future is grim for Stop & Shop's underperforming stores in the Northeast. The grocery giant — which operates 400 stores across Rhode Island, New Jersey, New York, and Massachusetts (where the company is headquartered) — announced plans to close a number of its underperformers in the interest of company longevity, officials confirmed with Daily Voice. Nearly half of the company's stores have been remodeled, and a Stop & Shop spokesperson said those stores continue to perform well. "We're committed to continuing to invest in our stores - as well in our prices - to deliver a great…
Family Dollar, Dollar Tree To Close 1,000 Stores Family Dollar, Dollar Tree To Close 1,000 Stores
Family Dollar, Dollar Tree To Close 1,000 Stores Discount chain Family Dollar and parent company Dollar Tree will close a combined 1,000 stores. Family Dollar will shut down 600 stores in 2024 and 370 stores over the next several years as store leases expire.  Dollar Tree will close 30 locations as leases expire.  The company made the announcement Wednesday morning, March 13. Family Dollar has around 8,000 US locations and Dollar Tree has  The company said it initiated a review of its stores in the fourth quarter of 2023.  It involved "identifying stores for closure, relocation, or re-bannering based on an evaluati…
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability.  "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…
Ballston Macy's, Recently Approved For Redevelopment, Among 5 To Shutter Across U.S. Ballston Macy's, Recently Approved For Redevelopment, Among 5 To Shutter Across U.S.
Ballston Macy's, Recently Approved For Redevelopment, Among 5 To Shutter Across U.S. A Virginia Macy's store is among a handful to shutter across the U.S., a spokesperson confirmed. Macy’s will close five full-line locations located at Ballston (Arlington, VA), Bay Fair (San Leandro, CA), Kukui Grove (Lihue, HI), Simi Valley Town Center (Simi Valley, CA), and Governor’s Square (Tallahassee, FL). The closures mean more than 2,300 employees will be laid off, CNN reports. A Macy's spokesperson said its workforce will be reduced by 3.5% "to become a more streamlined company." “At Macy’s, we continue to reposition our store fleet to better meet the needs of our customers i…
Route 46 Staples Store Closing: All Items 50% Off Route 46 Staples Store Closing: All Items 50% Off
Route 46 Staples Store Closing: All Items 50% Off Want office supplies for cheap? A soon-to-be shuttered Staples might be the answer to your prayers, though you have to act fast. The Staples at 225 Route 46 in Saddle Brook is closing for good on Friday, Jan. 12, the North Jersey Chamber announced on Instagram. All items are being marked down at 50 percent off, the chamber said. View this post on Instagram A post shared by North Jersey Chamber (@northjerseychamber) In need of office supplies after Friday? The nearest Staples are in Hackensack and Paramus, according to Staples.com.  Stap…
ShopRite To Close 5 NY Locations: Here's Rundown ShopRite To Close 5 NY Locations: Here's Rundown
ShopRite To Close 5 NY Locations: Here's Rundown Supermarket chain ShopRite is closing five stores in New York. The closures, scheduled for early December, are all in the Capital Region, according to a report by Winsight Grocery Business: Albany, Colonie, Niskayuna, Slingerlands, and North Greenbush. The closures are due to underperforming sales, the report said. ShopRite, which launched in the mid-1940s, has stores in six states: New York, New Jersey, Connecticut, Delaware, Maryland, and Pennsylvania.  Earlier report - Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy Click here to rea…
Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy
Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy Rite Aid, the pharmacy giant that filed for bankruptcy on Sunday, Oct. 15, plans to close 154 underperforming stores nationwide, according to a new filing. Some of those closures will be in Massachusetts and Connecticut.  Related: Why Is Rite Aid Filing For Bankruptcy? Rite Aid announced earlier this week that declining sales and rising debt forced the company's hand in filing for Chapter 11 bankruptcy. The chain has more than 2,100 stores nationwide, and reducing rent costs will play a large part in bringing its balance sheet back into the black.  The only store in Massachusetts…
Christmas Tree Shops Now Plans To Close All Its Stores Christmas Tree Shops Now Plans To Close All Its Stores
Christmas Tree Shops Now Plans To Close All Its Stores Christmas Tree Shops plans on closing all of its remaining stores after earlier this year announcing the closure of nearly a dozen of its locations, according to a new report. The 53-year-old discount home-goods chain offers seasonal decor year-round, along with assorted gifts, kitchen items, and furniture. In May, the company announced it was closing 10 of its approximately 80 stores after filing for bankruptcy.  Now, the company has reached an agreement with its stakeholders to liquidate the remaining approximately 70 stores unless a buyer emerges, according to The Wall Street Journ…
Clothing Chain To Close All CT, MA Stores, Laying Off Nearly 500 Clothing Chain To Close All CT, MA Stores, Laying Off Nearly 500
Clothing Chain To Close All CT, MA Stores, Laying Off Nearly 500 A clothing store with 46 locations across five states is selling off its inventory and closing all its locations.  EbLens, a retail store with a 70-year history, is liquidating its inventory and closing all its stores for the "benefit of creditors," according to Steven Victor, Executive Manager of Eblens ABC LLC.  The chain was created in New Britain, Connecticut in 1949 and now sells name-brand streetwear, footwear, and accessories.  EbLens currently employs close to 500 people across all its stores, including 17 in Connecticut and 17 in Massachusetts.  The workers will lose their jobs …
PA Christmas Tree Shops Stores Among 10 National Store Closures PA Christmas Tree Shops Stores Among 10 National Store Closures
PA Christmas Tree Shops Stores Among 10 National Store Closures Christmas Tree Shops has announced it will close 10 of its stores after filing for bankruptcy. The 53-year-old discount home-goods chain offers seasonal decor year-round, along with assorted gifts, kitchen items, and furniture. The 10 stores closures are: Rockland County, New York: 32 Spring Valley Marketplace, Spring Valley; Jefferson County, New York: 21182 Salmon Run Mall Loop West, Watertown; Cape Cod, Massachusetts: Davis Straits, Route 28 Falmouth Plaza, Falmouth, Massachusetts; Barnstable County, Massachusetts: Cranberry Highway Route 6A, Sagamore; Lancaster County, Pennsylvania:…
VA Christmas Tree Shops Store Among 10 National Store Closures VA Christmas Tree Shops Store Among 10 National Store Closures
VA Christmas Tree Shops Store Among 10 National Store Closures Christmas Tree Shops has announced it will close 10 of its stores after filing for bankruptcy. The 53-year-old discount home-goods chain offers seasonal decor year-round, along with assorted gifts, kitchen items, and furniture. The 10 stores closures are: Rockland County, New York: 32 Spring Valley Marketplace, Spring Valley; Jefferson County, New York: 21182 Salmon Run Mall Loop West, Watertown; Cape Cod, Massachusetts: Davis Straits, Route 28 Falmouth Plaza, Falmouth, Massachusetts; Barnstable County, Massachusetts: Cranberry Highway Route 6A, Sagamore; Lancaster County, Pennsylvania:…
Stop & Shop Closing Greenwich Store Stop & Shop Closing Greenwich Store
Stop & Shop Closing Greenwich Store Stop & Shop in the Glenville section of Greenwich has decided to close due to the number of shrinking customers and declining revenue. "Stop & Shop has made the difficult decision not to renew the lease for our store located at 11 Glen Ridge Rd, in Glenville, Connecticut, as the store was not meeting financial expectations," said Daniel Wolk, of Stop & Shop. The store will be open through Thursday, June 15. Stop & Shop intends to operate the store through Thursday, June 15.  Wolk said all of the 60 employees will be given the opportunity to transfer to other Stop &…
Bed Bath & Beyond To Eliminate Nearly 1,300 Jobs At These NJ Locations Bed Bath & Beyond To Eliminate Nearly 1,300 Jobs At These NJ Locations
Bed Bath & Beyond To Eliminate Nearly 1,300 Jobs At These NJ Locations Nearly 1,300 Bed Bath & Beyond workers are about to lose their jobs in New Jersey, according to a WARN notice filed by the company. The WARN notice was filed with the New Jersey Department of Labor and Workforce Development, saying hundreds of jobs are going to be eliminated across the state. Jobs will be eliminated from the following locations: Port Reading (e-commerce fulfillment center), 572 jobs, March 28 Secaucus (warehouse), 84, April 5 Union (headquarters), 377, April 9 Totowa (Harmon), 262, April 1 Earlier this year, Bed Bath & Beyond announced it would be closin…
Shuttered Paramus Barnes & Noble To Reopen In Former Toys R Us Store Shuttered Paramus Barnes & Noble To Reopen In Former Toys R Us Store
Shuttered Paramus Barnes & Noble To Reopen In Former Toys R Us Store The shuttered Paramus Barnes & Noble is coming back to life. The treasured book store that long stood at 765 Route 17 south on the Ridgewood border will be replacing Big Lots! on Route 17 northbound, the store announced on Facebook. Big Lots ! is set to close in May, store associates tell Daily Voice. The space was formerly home to Toys 'R' Us.  "While we are sad to leave this location, we are excited for our next chapter," the store said. Barnes & Noble of Paramus broke hearts last January when it announced it would be closing.
Bed Bath & Beyond To Close More Stores In Massachusetts Bed Bath & Beyond To Close More Stores In Massachusetts
Bed Bath & Beyond To Close More Stores In Massachusetts Bed Bath & Beyond this week raised the number of stores it plans to close across Massachusetts from seven to at least 12.  The retailer said it is struggling with debt obligations and will shutter some of its least profitable stores.  Last month, executives announced it had or planned to close seven locations in the state. On Tuesday, they added five more to that list.  Those include locations in: Hadley Dorchester Seekonk North Attleborough Leominster Milford Burlington Raynham North Dartmouth Pittsfield Hudson Dedham Eight Bed Bath & Beyond locations in the state…
Bed Bath & Beyond Closures Include Four Pennsylvania Locations Bed Bath & Beyond Closures Include Four Pennsylvania Locations
Bed Bath & Beyond Closures Include Four Pennsylvania Locations Four Bed Bath & Beyond stores across Pennsylvania are among 87 locations scheduled to close in 2023, the struggling retailer announced. That brings the total number of Bed Bath & Beyond locations scheduled to close to at least 162 announced since September 2022. A spokesperson told Axios that the latest round of closures will include all of the company's Harmon beauty shops, as well as five Buy Buy Baby locations. The following locations in Pennsylvania are set to close in 2023: Bethel Park, 1700 Oxford Drive North Wales, 1261 Knapp Road Pittsburgh, 160 Quinn Drive  Mon…