Store Closures news and trends

Macy’s Announces First 66 ‘Underproductive Stores’ It Will Close
Retail // January 09, 2025

Macy’s said Thursday (Jan. 9) that it will close 66 store locations as part of the Bold New Chapter strategy it announced in February. These are among the 150 “underproductive stores” the retailer said it would close over a three-year period under that plan, Macy’s...

Walmart and Amazon Lead Retail’s Biggest Moments of 2024
Retail // May 27, 2024

As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far. Amazon Pivots on ‘Just Walk Out’ Last month, news broke that Amazon is pulling back on Just Walk Out technology in...

99 Cents Only Declares Bankruptcy as It Shuts Down Stores
Retail // April 08, 2024

Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said it was closing all of its 371 locations in the southwestern part of the country. “This was an extremely difficult...

UK Store Closures Put Spotlight on Digital Shoppers
Retail // March 26, 2024

One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This news comes only weeks after reports that the British division of The Body Shop was closing nearly half of its...

Interviews & Exclusives
Walmart and Amazon Lead Retail’s Biggest Moments of 2024

May 27, 2024
As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far. Amazon Pivots on ‘Just Walk Out’ Last month, news broke that Amazon is pulling back on Just Walk Out technology in its own grocery stores, even as it pushes sales of […]

In-Store Experience and Travel Help UK Retailers Defy Closures Trend

January 23, 2023
Despite challenging economic conditions, some retailers in the U.K. are planning to open new stores. In recent months, weak consumer demand has fueled a wave of retail closures across Europe....

Marketplace Merchants Sing The Blues

August 24, 2018
There’s a lot of sizzle in marketplaces. In fact, they have made tiny businesses into big ones, as even the tiniest one-man operation can gain the chance to jump from a...

Smart Sizzles, Dodd-Frank Fizzles And Sears Might Be Signing Off?

March 24, 2017
Live by the fickle consumer, and, if you’re a (very) aging retailer, possibly die by the fickle consumer. In commerce, history only goes so far, while memory does not stretch...

Quick Reads
GameStop to Close ‘Significant Number’ of Stores in Cost-Cutting Effort

March 28, 2025
GameStop said it expects to close a “significant number” of stores in fiscal 2025 after closing 970 stores in fiscal 2024. The plan is part of the retail gaming destination’s ongoing evaluation of its international assets and operations aimed at achieving sustained profitability, GameStop said in a Form-10K filed Tuesday (March 25) with the Securities and Exchange […]

Macy’s Announces First 66 ‘Underproductive Stores’ It Will Close

January 09, 2025
Macy’s said Thursday (Jan. 9) that it will close 66 store locations as part of the Bold New Chapter strategy it announced in February. These are among the 150 “underproductive...

99 Cents Only Declares Bankruptcy as It Shuts Down Stores

April 08, 2024
Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said it was closing all of...

Family Dollar Parent Plans to Shutter Nearly 1,000 Stores

March 13, 2024
Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a review of its properties had...