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store closings

Year in Review: 2021’s Most-Read Headlines

Here's what grabbed readers' attention during an action-packed 2021.

Marks & Spencer to Close 30 Stores After Full-Year Loss

The British retail icon is axing 30 doors, adding to the 59 closed or repositioned stores and 7,000 jobs cut.

Current/Elliott Owner Files for Chapter 11 Bankruptcy and Reorg

The Collected was looking for a buyer in 2019 and 2020 until the pandemic spooked potential suitors who…

Another 80,000 Stores Could Close by 2026

Apparel has the most to lose, per analysis from UBS, which says store closings could nearly double if…

This Is How Many Doors JCPenney Plans For Its Store Network

JCP will exit 18 locations in May, but plans no additional store closures.

Here’s Why Francesca’s Could Cut 189 More Stores

Formerly bankrupt Francesca's is under new ownership but dozens of stores could be added to the chopping…

Jaeger Cutting Jobs, Closing Stores After M&S Acquisition

The dismal news adds to many months of economic distress plaguing Britain's high streets.

2021’s First Bankruptcy: Christopher & Banks to Shut Hundreds of Stores in Chapter 11 Collapse

Christopher & Banks will shut down its store fleet and try to sell e-commerce, which remains open for…

JCPenney’s Closing More Stores Later This Month

Liquidation sales will begin later this month and run through March.

Designer Brands Is Looking to Lighten its Store Load

DSW's parent said it will close up to 78 stores and doesn't expect foot traffic to return until a Covid-19…

Closing All 16 Stores, Frye Is the Latest to Choose Clicks Over Bricks

The footwear firm is pulling up roots from the real world and staking its future on digital commerce.

Neiman Marcus Pulls Out of Hudson Yards and Closes 20 Other Stores

Though Neiman Marcus is closing nearly one-third of its store fleet, it will keep the two Fifth Ave. Bergdorf…

Ascena Will Shut 1,600 Stores and See ‘Substantial’ Layoffs

Ascena will close Lou & Grey stores and sell the brand in Loft locations, while preparing to shed scores of…

Ascena Has Already Started Closing Stores—How Close Is a Bankruptcy Filing?

The owner of Ann Taylor and Lane Bryant will reportedly close up to 1,200 stores and has already started the…

Tailored Brands Will Cut Up to 500 Stores and 20% of Corporate Jobs

Men's Wearhouse parent Tailored Brands is hoping to stave off total collapse by slashing 20 percent of…