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Retail Industry

Last Full-Size Kmart Store In US Set To Close: Here's Where, When Last Full-Size Kmart Store In US Set To Close: Here's Where, When
Last Full-Size Kmart Store In US Set To Close: Here's Where, When The nation's last remaining full-size Kmart discount department store is just weeks away from permanently closing, according to a new report. The New York store, located on Long Island, will close on Sunday, Oct. 20, a store employee told NBC affiliate WJAR in Providence on Sunday, Sept. 22. The store is in Bridgehampton on Montauk Highway (Route 27). A smaller format store in Miami, Florida remains open, the report said. Kmart operated around 2,500 stores at its peak in the early 90s, according to government filings. It merged with Sears in 2005. Earlier remaining full-size Kmart stores…
These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure
These NJ Stop & Shop Stores Are Among 32 Underperforming Locations Slated For Closure Stop & Shop has released a list of the 32 underperforming stores by the end of the year. The grocery giant in March announced that it planned on closing a number of stores "in the interest of company longevity," as previously reported by Daily Voice. On Friday, July 12, Stop & Shop announced the locations of stores it expected to close on or before Nov. 2. Scroll down for the complete list. The 32 impacted store locations, which are anticipated to close on or before Nov. 2, 2024, include: New Jersey 1083 Inman Ave., Edison 1049 US Highway 1 South, Edison 4861 US Highway 9, Howel…
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says
Dollar Tree Sold Lead-Infused Applesauce Pouches For Weeks After Recall, FDA Says Despite a recall notice and multiple warnings from the Food and Drug Administration, Dollar Tree continued to sell applesauce pouches containing lead for weeks, federal officials say. The popular retail chain was issued a letter from the FDA this month regarding the WanaBana fruit puree pouches, distributed by Negasmart. "As described below, laboratory analysis of multiple lots of WanaBana Apple Cinnamon Fruit Puree pouches, including finished product samples collected from Dollar Tree stores, detected extremely high concentrations of lead," the letter reads.  "... you conti…
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…
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets.  "As a result, the deb…
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…
Gould's Distinctive Clothing In Acton Closing After 89 Years Of 'Knowledgeable' Service Gould's Distinctive Clothing In Acton Closing After 89 Years Of 'Knowledgeable' Service
Gould's Distinctive Clothing In Acton Closing After 89 Years Of 'Knowledgeable' Service A men's and women's speciality clothing store that has been around for 89 years, 50 of which were in Acton, is closing forever. Gould's Distinctive Clothing, located in Gould's Plaza, is selling the last of their inventory after the store announced they would be closing for good on Wednesday, May 31. WBZ NewsRadio's Kim Tunnicliffe said staffing issues after the pandemic forced the business to close.  Everything must go at #GouldsDistinctiveClothing in #Acton. Post Covid staffing issues are forcing the store to close after 89 years in business they’re even selling the clothing racks and…
'Unable To Attract Enough Customers': Wegmans Closing Natick Store This Summer 'Unable To Attract Enough Customers': Wegmans Closing Natick Store This Summer
'Unable To Attract Enough Customers': Wegmans Closing Natick Store This Summer A lack of shoppers has become the downfall for one major location of a popular grocery store chain in Massachusetts. Wegmans announced on Thursday, June 1 that they are closing their Natick store, located at 1245 Worcester Street, this summer because the location has struggled to attract enough customers.  The 365 employees at the store were told about the closure and that they would be able to keep their positions with the company at other locations.  “Making these decisions is never easy. However, we do it for the long-term benefit of our people, our customers, and our communit…
New Bed Bath & Beyond Store Closures Include 3 Massachusetts Locations New Bed Bath & Beyond Store Closures Include 3 Massachusetts Locations
New Bed Bath & Beyond Store Closures Include 3 Massachusetts Locations 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 three locations in Massachusetts: Worcester County: 230 Fortune Boulevard, Milford  Suffolk County: 8B Allstate Road, Dorchester Bristol County: 35 Highland Ave., Seekonk 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.