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Store Closures

Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's CT Rundown Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's CT Rundown
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's CT Rundown Discount retail chain Big Lots has filed for bankruptcy as its list of planned store closures expands. It currently has around 1,425 stores nationwide. The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. In announcing initial store closures late in late July, Big Lots said a bankruptcy filing could be coming. Stores in the Northeast now slated for closure are as follows: New York Delaware Avenue, Buffalo South Ogden Street, Buffalo Route 5 & 20, Canandaigua  Voice Road, Carle Place Centereach …
LL Flooring Files For Bankruptcy, Plans To Close 4 CT Stores LL Flooring Files For Bankruptcy, Plans To Close 4 CT Stores
LL Flooring Files For Bankruptcy, Plans To Close 4 CT Stores With some 300 stores nationally, the mega-floor retailer LL Flooring has filed for bankruptcy and announced it plans to close at least 90 stores, including four in Connecticut. According to a statement from LL Flooring, the stores being closed in Connecticut include Fairfield County in Norwalk and New Haven County in Milford, North Haven, and Waterbury. The business said the three remaining stores in Danbury, Waterford, and Harford will remain open. Charles Tyson, president and CEO of LL Flooring, said, “After comprehensive efforts to enhance our liquidity position in a challenging ma…
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts Big Lots To Close Hundreds More Stores, Including Several In Massachusetts
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts It's more bad news for discount retailer Big Lots. The nationwide chain announced in June that it would close 40 stores following dismal sales and rising costs, but in a new filing last week, the company said it may need to shutter nearly 300 locations — several of them in the Northeast.  Big Lots announced in a US Securities and Exchange Commission filing on Friday, Aug. 2, that under an updated term sheet, the company would need to close 20 percent of its 1,392 stores — about 290 in all.  Here are some of the local closures. Connecticut — Eight stores Manchester — 1…
New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT
New Update: Stop & Shop Announces 32 Store Closings, Including 5 In CT This story has been updated. Stop & Shop announced they plan to close 32 underperforming stores, including five in Connecticut.  The company said on Friday, July 12, that the closures allowed it to take the next steps in its plans to position the company for growth. Following the closures, Stop & Shop will continue to have a strong presence across its five-state footprint, with more than 350 stores. The impacted stores include:  100 Division St., Ansonia, New Haven County 855 Bridgeport Ave., Milford (1360 East Town Road, Milford will remain open), New Haven County 21…
Stop & Shop To Close Underperforming Stores In Northeast Stop & Shop To Close Underperforming Stores In Northeast
Stop & Shop To Close Underperforming Stores In Northeast The future is grim for Stop & Shop's underperforming stores in the Northeast. The grocery giant — which operates 400 stores across Rhode Island, New Jersey, New York, and Massachusetts (where the company is headquartered) — announced plans to close a number of its underperformers in the interest of company longevity, officials confirmed with Daily Voice. Nearly half of the company's stores have been remodeled, and a Stop & Shop spokesperson said those stores continue to perform well. "We're committed to continuing to invest in our stores - as well in our prices - to deliver a great…
Family Dollar, Dollar Tree To Close 1,000 Stores Family Dollar, Dollar Tree To Close 1,000 Stores
Family Dollar, Dollar Tree To Close 1,000 Stores Discount chain Family Dollar and parent company Dollar Tree will close a combined 1,000 stores. Family Dollar will shut down 600 stores in 2024 and 370 stores over the next several years as store leases expire.  Dollar Tree will close 30 locations as leases expire.  The company made the announcement Wednesday morning, March 13. Family Dollar has around 8,000 US locations and Dollar Tree has  The company said it initiated a review of its stores in the fourth quarter of 2023.  It involved "identifying stores for closure, relocation, or re-bannering based on an evaluati…
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability.  "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…
ShopRite To Close 5 NY Locations: Here's Rundown ShopRite To Close 5 NY Locations: Here's Rundown
ShopRite To Close 5 NY Locations: Here's Rundown Supermarket chain ShopRite is closing five stores in New York. The closures, scheduled for early December, are all in the Capital Region, according to a report by Winsight Grocery Business: Albany, Colonie, Niskayuna, Slingerlands, and North Greenbush. The closures are due to underperforming sales, the report said. ShopRite, which launched in the mid-1940s, has stores in six states: New York, New Jersey, Connecticut, Delaware, Maryland, and Pennsylvania.  Earlier report - Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy Click here to rea…
Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy
Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy Rite Aid, the pharmacy giant that filed for bankruptcy on Sunday, Oct. 15, plans to close 154 underperforming stores nationwide, according to a new filing. Some of those closures will be in Massachusetts and Connecticut.  Related: Why Is Rite Aid Filing For Bankruptcy? Rite Aid announced earlier this week that declining sales and rising debt forced the company's hand in filing for Chapter 11 bankruptcy. The chain has more than 2,100 stores nationwide, and reducing rent costs will play a large part in bringing its balance sheet back into the black.  The only store in Massachusetts…
Christmas Tree Shops Now Plans To Close All Its Stores Christmas Tree Shops Now Plans To Close All Its Stores
Christmas Tree Shops Now Plans To Close All Its Stores Christmas Tree Shops plans on closing all of its remaining stores after earlier this year announcing the closure of nearly a dozen of its locations, according to a new report. The 53-year-old discount home-goods chain offers seasonal decor year-round, along with assorted gifts, kitchen items, and furniture. In May, the company announced it was closing 10 of its approximately 80 stores after filing for bankruptcy.  Now, the company has reached an agreement with its stakeholders to liquidate the remaining approximately 70 stores unless a buyer emerges, according to The Wall Street Journ…
Clothing Chain To Close All CT, MA Stores, Laying Off Nearly 500 Clothing Chain To Close All CT, MA Stores, Laying Off Nearly 500
Clothing Chain To Close All CT, MA Stores, Laying Off Nearly 500 A clothing store with 46 locations across five states is selling off its inventory and closing all its locations.  EbLens, a retail store with a 70-year history, is liquidating its inventory and closing all its stores for the "benefit of creditors," according to Steven Victor, Executive Manager of Eblens ABC LLC.  The chain was created in New Britain, Connecticut in 1949 and now sells name-brand streetwear, footwear, and accessories.  EbLens currently employs close to 500 people across all its stores, including 17 in Connecticut and 17 in Massachusetts.  The workers will lose their jobs …
Stop & Shop Closing Greenwich Store Stop & Shop Closing Greenwich Store
Stop & Shop Closing Greenwich Store Stop & Shop in the Glenville section of Greenwich has decided to close due to the number of shrinking customers and declining revenue. "Stop & Shop has made the difficult decision not to renew the lease for our store located at 11 Glen Ridge Rd, in Glenville, Connecticut, as the store was not meeting financial expectations," said Daniel Wolk, of Stop & Shop. The store will be open through Thursday, June 15. Stop & Shop intends to operate the store through Thursday, June 15.  Wolk said all of the 60 employees will be given the opportunity to transfer to other Stop &…
New Bed Bath & Beyond Store Closures Include Fairfield County Location New Bed Bath & Beyond Store Closures Include Fairfield County Location
New Bed Bath & Beyond Store Closures Include Fairfield County Location Yet another slew of planned Bed Bath & Beyond store closures was announced, including multiple stores in Connecticut.  The struggling company announced the upcoming closures on Monday, Jan. 30, following a list of 62 store shutdowns announced earlier this month.  The soon-to-shutter Connecticut spots are: Fairfield County: 2260 Kings Highway in Fairfield  Hartford County: 20 Hazard Avenue in Enfield Hartford County: 835 Queen Street in Southington Hartford County: 1065 Silas Deane Highway in Wethersfield The full list of closures is available here.
New Bed Bath & Beyond Store Closures Include Fairfield County Location New Bed Bath & Beyond Store Closures Include Fairfield County Location
New Bed Bath & Beyond Store Closures Include Fairfield County Location Struggling home goods retailer Bed Bath & Beyond has announced 56 new store closures that it says will be implemented by the end of the calendar year. The closure list includes two locations in Connecticut: Fairfield County: Ridgeway Shopping Center, 2275 Summer St., Stamford  New London County: Waterford 850 Hartford Turnpike, Waterford The company is due to report its results for the second quarter later this month. Bed Bath & Beyond now has about 900 stores, including those scheduled to be closed. The full list of new closures is available here.
Bed Bath & Beyond Exec ID’d As Man Who Jumped To His Death From 18th Floor Of Manhattan Tower Bed Bath & Beyond Exec ID’d As Man Who Jumped To His Death From 18th Floor Of Manhattan Tower
Bed Bath & Beyond Exec ID’d As Man Who Jumped To His Death From 18th Floor Of Manhattan Tower Updated story: Bed Bath & Beyond Exec Faced $1.2B Insider Trading Lawsuit When He Jumped To His Death: Report An executive at Bed Bath & Beyond has been identified as the man who jumped 18 stories to his death at the so-called "Jenga" tower in New York City on Friday, Sept. 2, according to multiple reports. Gustavo Arnal, age 52, was the company's executive vice president and chief financial officer. Calls reporting a jumper came around 12:30 p.m. from the 60-story building's location in lower Manhattan's Tribeca neighborhood at 56 Leonard Street near Church Street, a…
More Than 60 Rite Aid Stores Now Scheduled For Closure More Than 60 Rite Aid Stores Now Scheduled For Closure
More Than 60 Rite Aid Stores Now Scheduled For Closure Rite Aid has announced plans to close 63 of its stores. The closures began in November, and associates impacted by the closures are being offered opportunities to transfer to other stores, the company said in a report about its fiscal third-quarter results on Tuesday, Dec. 21. “Today, we also announced the first phase of a store closure program to reduce costs, drive improved profitability and ensure that we have a healthy foundation to grow from, with the right stores in the right locations, for the communities we serve and for our business," said Heyward Donigan, the president and ch…
Disney Store In Fairfield County Among Nearly 60 Closing Across America Disney Store In Fairfield County Among Nearly 60 Closing Across America
Disney Store In Fairfield County Among Nearly 60 Closing Across America So long, farewell... Disney is closing nearly 60 of its brick and mortar stores across the US come Sept. 15. DisneyDisney Among them, two in Connecticut. According to the Disney Store website, the following stores are closing in Connecticut: Danbury: Danbury Fair Mall, 7 Backus Ave. Farmington: Westfarms Mall, 500 Westfarms Mall After the next round of closings, only 25 stores will remain in operation. Disney last March announced at least 60 of its North America stores to focus on online sales.
COVID-19: Pet Valu Closing All US Stores COVID-19: Pet Valu Closing All US Stores
Covid-19: Pet Valu Closing All US Stores Pet Valu is closing all of its stores in the United States starting Thursday, Nov. 5. On Wednesday, Nov. 3, in a press release owners said the economic impact of COVID-19 has forced their decision to close 358 stores across the nation. There are dozens of Pet Valu retailers located in Connecticut. Pet Valu Canada will not be affected by the changes, owners said in a press release. The 600 Canda stores and online retail will continue on. Pet Valu said that all sales will be final starting on Nov. 5 - no refunds or exchanges. People are being encouraged to spend any accumulated loyalty pe…
H&M Ramps Up Store Closings - Number Of Shops To Be Shuttered Keeps Rising H&M Ramps Up Store Closings - Number Of Shops To Be Shuttered Keeps Rising
H&M Ramps Up Store Closings - Number Of Shops To Be Shuttered Keeps Rising The number of stores H&M is closing keeps going up. On Thursday, Oct. 1, the company said it plans to close 250 H&Ms next year. This is up from the 170 store closures for next year the fast-fashion retailer announced in June. And it’s even more than the 130 shops, H&M predicted in February it would need to close to make ends meet. H&M management blamed COVID-19 restrictions and the ensuing shift to online shopping among consumers as reasons to close. "More and more customers started shopping online during the pandemic," following temporary store closures that, at its peak,…