Total of 93 locales getting axed by department store chains
Going out of business sales set at its 700 stores
Move to close 950 locales comes as Nexus Capital deal collapses
Aftermarket car retailer closing 500 owned stores, 200 independents
Franchise Group unit shuttering 300-plus furniture/appliance locales as part of C.11 plan
Retail sector’s struggles stem mainly from reduced discretionary spending.
At the same time, the Jewelers’ Board of Trade reported that more new jewelry businesses opened
Pharmacy chain shuttering underperforming locales
Iconix/Hilco to manage process for bankrupt saltwater sports retailer
Move comes in wake of 19 restaurant closings, other cost-saving steps
Stats for year so far reflect uptick in retailer bankruptcies
Chain closing a third of its stores while seeking to sell itself
London-based retailer would keep seven EMS stores in U.S. open
The retailer is planning to shutter locations across 28 states
Home-goods retailer running going-out-of-business sales, selling off assets
Regional grocer closing two natural-foods stores in Missouri
Canadian Brooks Brothers and Lucky Brand outlets also being axed
Century-old retailer has begun liquidation sales
Fashion retailer files bankruptcy a third time
Steps part of sale to group led by WHP