Stories tagged: store closings
Sun., April 9, 2017, 4:10 a.m.
Stores closing at a record pace as e-commerce chews up retailers
The rapid descent of so many retailers has left shopping malls with hundreds of slots to fill, and the pain could be just beginning. More than 10 percent of U.S. …
UPDATED: Fri., March 17, 2017, 1:46 p.m.
J.C. Penney identifies 138 stores to close; none in Spokane region
The Spokane region and North Idaho will be spared closure of any J.C. Penney stores in the next few months, according to the company. The struggling retailer on Friday released …
Mon., Jan. 23, 2017, 7:11 a.m.
Retail malaise puts pressure on chains to shutter more stores
Reeling from a shaky holiday season and slowing mall traffic, U.S. retailers are facing increasing pressure to close stores as more of their business migrates to the internet.
Wed., Jan. 4, 2017, 2:58 p.m.
Macy’s to close stores, cut jobs amid weak sales
Macy’s says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season. The department store chain also lowered …
Tue., Feb. 9, 2016, 10:17 a.m.
After challenging holiday, Sears to speed up store closings
Sears keeps pruning its business in a years-long makeover, a bid to transform itself from a 123-year-old retail store into a nimble, 21st century operator. Patience appears to be wearing …
Tue., Dec. 27, 2011, 7:50 a.m.
Sears to close 100 to 120 Kmart, Sears stores
Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers.