Anchor stores — i.e., the major department stores you tend to see at either end of a mall — have shuttered in record numbers.
Related: Iconic retail chain begins going-out-of-business sales The first place you went to look to purchase one of those ...
JCPenney is the latest department store to be feeling the economic pinch in 2025. The anchor store at many nationwide malls ...
A JC Penney store that was temporarily closed due to the COVID-19 pandemic is seen. JCPenney is scaling back operations ...
Closures are happening across several shopping verticals as brick-and-mortar sales remain down for many companies.
Kohl's and Macy's said they planned to closing dozens of stores by spring. Two dozen Kohl's could be closed by Saturday.
In January, the company shuttered 401 stores - nearly double the amount of stores that closed in fiscal year 2024.
According to Newsweek, citing Coresight Research and Time Out, the U.S. saw 7,325 store closures in 2024. This year, the ...
In total, the closures will impact nine stores in California, nine stores in New York, six stores in Texas and seven stores ...
This wave of store closures is spelling out a critical message for retailers: Transform your physical store experience or risk extinction.
The two closest Tops are in Towne Center in Fayetteville and Nottingham Road, and they are much larger. A Wegmans is about ...