In a sobering trend for the retail landscape, 13 major chain stores will close multiple locations across the United States in 2025.
Big-box retailers continue to navigate ongoing challenges in the industry, including shifting consumer habits, rising operational costs, and increasing competition from e-commerce...
The past few years have been brutal for restaurants and businesses across the country. Many well-known chains have been forced to close stores or shut down all together, and yet another is joining the list.
The number of local and national retailers that have been forced to file bankruptcy and close up shop in the last few years in staggering. It looks like it's not over yet. More could follow suit before the year is up.
It seems every few days a retail store is either filing for bankruptcy or going out of business for good. Another store has just announced that it will be closing hundreds of its stores because of the decline in sales due to the coronavirus pandemic.