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.
Similar Stories to Dressbarn Latest In Nationwide Retail Store Closure Wave on Bing News
U.S. - CBSNews.com, CBS News: Nation
Wed, 05/22/2019 - 7:31pm
BING NEWS:
- Rubio's files for bankruptcy following closure of 2 dozen restaurants
After closing 48 locations this week, Rubio's Restaurants Inc. has filed for Chapter 11 bankruptcy as a step toward selling the business.
06/5/2024 - 9:37 am | View Link - Finance of America hit with layoffs; chief retail sales officer steps down
FOA is "refining" its expenses and eliminated some corporate and retail lending roles, company president Kristen Sieffert said.
06/5/2024 - 7:37 am | View Link - AT&T says it has resolved nationwide issue affecting ability of customers to make calls
AT&T on Tuesday evening said it had resolved an issue preventing customers from completing calls placed to non-AT&T customers across the U.S. The telecommunications company earlier Tuesday confirmed ...
06/4/2024 - 11:27 am | View Link - A crisis is hitting your local drugstore. Why the slow demise of a 130-year-old family-owned pharmacy chain spells disaster for consumers
In other corners of retail ... store closures are unproductive and not based in fact,” Greg Lopes, a spokesperson for PBM lobbyist PCMA, said via an emailed statement. “Pharmacy benefit companies ...
06/2/2024 - 7:25 pm | View Link - Stop & Shop says "difficult" store closure decisions are coming
"Stop & Shop has already evaluated its overall portfolio and will make difficult decisions to close underperforming stores to create a healthy store base for the long term and grow the brand," the ...
05/29/2024 - 6:04 am | View Link - More
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