Store Closures
A Burst Pipe From Extreme Cold Forces Puma to Shutter NYC Flagship ‘Until Further Notice’
The 24,500-square-foot flagship, located at 609 Fifth Avenue, opened in 2019.
Allbirds to Close Remaining Full-price U.S. Stores
Allbirds to close all U.S. full-price store closures to be more profitable; it will keep open two U.S. outlet…
Dick’s Reveals Foot Locker Restructuring Plan: Store Closings Ahead
Dick's Sporting Goods' executive chairman Ed Stack said it is taking decisive actions at Foot Locker to…
Ikea Is Taking Over Nike’s Space in Soho, But the Swoosh Isn’t Leaving the Neighborhood
The company's current SoHo store is likely to close in January.
Outdoor Retail Is Undergoing Its Own Boom and Bust Cycle
Outdoor retail's problems include past overexpansion, too much inventory, shift in consumer sports…
40K Retail Doors Could Close By 2029, But Footwear Stores Could Hold Their Own
Against a backdrop of store closings, shoe retailers UBS analyst Michael Lasser favors include On Holding…
Sneaker Reseller Soleply Files Chapter 11 Bankruptcy, Closes 4 Stores
The company – which sells sneakers from brands like Yeezy, Asics, Nike, Jordan and New Balance – opened six…
‘Difficult but Necessary’: Kohl’s Shutters California Fulfillment Center, 27 Stores
The beleaguered department store is laying off 690 employees at the San Bernardino warehouse, and trimming…
Allbirds, Fred Segal, Macy’s and More Retailers That Closed Stores in 2024
Here were some of the most notable retail store closures and store closure announcements in 2024.
Big Lots to Commence Going Out of Business Sales as Acquisition Deal Falls Apart
The off-price home retailer's previously announced agreement with Nexus Capital Management has taken a turn…
Retail Store Closures Beat Store Openings for First Time in 2024
Data from Coresight Research shows that a recent bankruptcy and a series of store closures from Big Lots have…
Analyst Expects Net Loss of 45K Stores Over the Next Few Years
UBS retail analyst Michael Lasser predicts 45K stores could close over the next five years, with apparel…
Retail Shock: Outdoor Voices to Shutter All Stores by Sunday
The beleaguered active wear brand is pulling back on physical retail, it told employees on Tuesday.
What Macy’s 150 Store Closures Say About Retail and the Consumer
Macy's, Kontoor & Walmart set different paths ahead as consumer spending slows.
NYC Dr. Martens, Nordstrom Rack Stores Shut Down After Popular Influencer Sparks ‘Acts of Violence’
NYPD detained Kai Cenat after the YouTuber and Twitch streamer's viral social post brought "thousands" to…