Dressbarn has announced that it will close all of its about 650 store nationwide, meaning thousands could be out of a job. More and more retailers are closing brick and mortar stores. So far this year, more than 7,000 locations are set to shutter, which has already exceeded 2018. However, unemployment in the country continues to fall, and hit a 50-year low in April.
Dressbarn Latest In Nationwide Retail Store Closure Wave
U.S. - CBSNews.com, CBS News: Nation
Wed, 05/22/2019 - 7:31pm
BING NEWS:
- Recent Retail Industry Bankruptcy Cases
This issue of the Bankruptcy Update focuses on the recent retail industry bankruptcy cases of 99 Cents Only, Express and JOANN.
05/16/2024 - 3:06 am | View Link - National retail chain closes several more stores in bankruptcy
The Philadelphia-based retail chain continues closing store locations across the nation in its Chapter 11 bankruptcy case.
05/14/2024 - 7:16 pm | View Link - Rue21 to Close All 540 Stores Nationwide Amid Bankruptcy and Retail Challenge
Rue21 is closing all 540 stores and filing for Chapter 11 bankruptcy due to pandemic challenges and the rise of online shopping, leading to widespread job losses.
05/8/2024 - 5:57 am | View Link - Popular shopping mall retailer to close all stores nationwide
Rue21, the teen apparel company, filed for Chapter 11 bankruptcy on Thursday and announced plans to close all of its stores nationwide, including 19 in California. According to the filing, Warrendale, ...
05/3/2024 - 4:18 am | View Link - Rue21 to close all stores nationwide after filing for bankruptcy
In addition, operational losses have been accrued due to underperforming retail locations ... issues with its dependency on physical in-store shopping, leading to the closure of 400 stores nationwide.
05/3/2024 - 2:51 am | View Link - More
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