Store Closures
Caleres Reports Lackluster Q2, Comfort Brands Takes a Dip
Caleres reported unexceptional second quarter 2015 financial results, with success in their fashion brands…
Stage Stores Lowers Profit Forecast, Will Close 90 Stores
Stage Stores announced plans Thursday to shut 90 underperforming stores as it disclosed lower-than-expected…
American Apparel Sales Continue to Slip, Raises Going Concern Doubts
The Los Angeles-based clothier on Monday announced that net sales for the quarter ended June 30 had tumbled…
Gap to Shutter 175 Stores, Sack 250 Staff to Save $25M Annually
In a bid to staunch the bleeding caused by yet another disastrous quarter of declining sales, Gap Inc…
Topshop Closes all Five Locations in Japan
Topshop, a British multinational fashion retailer, closed all five of its locations in Japan at the end of…
J.C. Penney to Close 40 Stores in 2015
Following news of its holiday sales success and resulting 20 percent stock spike, J.C. Penney said Thursday…
Target to Close 11 Stores in Early 2015
Target announced Tuesday plans to close 11 locations across the U.S. as of Feb. 1 2015.
Kmart Announces More Store Closures in Cost-Cutting Effort
Kmart will close five stores across Michigan by early December, including two in the Metro Detroit area.
Guess to Close 50 Stores in Streamlining Effort
American clothier, Guess, revealed in its second quarter earnings conference call on Wednesday that it will…
Crocs to Cut Jobs, Stores and Styles in Restructuring
Crocs, the creator of molded plastic clogs, and most recently sleeker collections of wedge sandals, pumps and…
Coach to Close 70 Stores in Turnaround Effort
Luxury leather goods retailer Coach, Inc. is looking to “reinvigorate” and “transform” its business, but at…
Express to Close 50 Stores After Poor Q1
Express, Inc., the men’s and women’s specialty retailer, revealed its disappointing first quarter net sales…
Sears to Close More Stores and Cut Back on Apparel
Sears has been trying tirelessly to revamp its business, and the retailer’s latest plan for returning to…