Brad Posted December 30, 2023 Share Posted December 30, 2023 Our annual thread to discuss store closures, bankruptcies and other not-so-fun stuff. Link to comment Share on other sites More sharing options...
setlok73 Posted December 30, 2023 Share Posted December 30, 2023 Well Zulily is liquidating. Link to comment Share on other sites More sharing options...
len_mullen Posted December 31, 2023 Share Posted December 31, 2023 Retailers closed down over 4,600 stores in 2023, with more to come in 2024 Quote [Retailers] also opened almost 5,500 stores in the U.S. in 2023, for an overall net increase of about 900 stores Bed Bath & Beyond: 866 stores Tuesday Morning: 463 stores CVS Health 300 stores 7-Eleven: 184 stores Family Dollar: 102 Walgreens Boots Alliance: 172 For 2024, U.S. retailers have so far announced 580 store closures, with some including CVS Health and Walgreens. Salem New Hampshire is a good example of this. Many of the stores in the malls remain empty and the K-Mart remains vacant, but Ocean State Job Lot replaced Toys'r'Us and the Tuscan Village has attracted a lot of business. In Seabrook New Hampshire, the mall anchored by Ames has only a Market Basket grocery store. Link to comment Share on other sites More sharing options...
jesusluvu Posted January 1 Share Posted January 1 Happy New Year! Link to comment Share on other sites More sharing options...
lucyismycat Posted February 1 Share Posted February 1 The yearly "Macy's store closings" article - I do my best to try and keep our local store going but I am still amazed they're not closing. https://www.fastcompany.com/91013506/macys-stores-closing-2024-full-list-locations-ca-fl Quote Macy’s store closures come as brick-and-mortar retail outlets continue to face significant headwinds from consumers who increasingly make online retailers like Amazon their first shopping destination. The stores that are closing are: Bayfair Center, San Leandro, California Simi Valley Town Center, Simi Valley, California Governor’s Square, Tallahassee, Florida Kukui Grove Center, Lihue, Hawaii Ballston Quarter, Arlington, Virginia Link to comment Share on other sites More sharing options...
Kanyon71 Posted February 2 Share Posted February 2 I honestly finding ourselves buying online less and less. We will order online from brick and mortars for store pickup though. 2 Link to comment Share on other sites More sharing options...
Brad Posted February 27 Author Share Posted February 27 Macy's closing another 150 stores over the next few years https://www.marketwatch.com/story/macys-beats-earnings-expectations-and-unveils-a-bold-new-strategy-to-revitalize-the-brand-but-the-stock-falls-960dad70?mod=retail Link to comment Share on other sites More sharing options...
Kanyon71 Posted February 29 Share Posted February 29 Pretty sure the one near us will close, i think that may be a fact if the mall itself is going to be mostly torn down and turned into some giant neighborhood. Link to comment Share on other sites More sharing options...
Brad Posted March 18 Author Share Posted March 18 https://amp.cnn.com/cnn/2024/03/18/business/joann-fabric-bankruptcy Joann files for bankruptcy 1 Link to comment Share on other sites More sharing options...
freesia39 Posted March 18 Share Posted March 18 Joann closing is such a bummer. 3 Link to comment Share on other sites More sharing options...
Kanyon71 Posted March 18 Share Posted March 18 My wife goes there for Fabric, but she always gets the stuff on sale due to high prices. Link to comment Share on other sites More sharing options...
marathonshopper Posted April 1 Share Posted April 1 Just read the article about JoAnn. I would really hate to see them close, they have a nice selection for a lot of different crafts. I’m the type of person that likes to see things in person before buying most of the time. 3 Link to comment Share on other sites More sharing options...
lucyismycat Posted April 1 Share Posted April 1 I'm really hoping Joann can restructure and survive this. I live in a larger sized town and even then we don't really have much in the way of options for apparel fabric. We have one really nice quilt shop, but sometimes I'm looking for different options. I've also heard that a lot of the Viking (Husqvarna) Sewing Galleries are closing as a result of Joann stores closing. The VSGs rent space from Joann to sell their sewing/embroidery machines. I'll be super upset if our local one loses their spot because of this - I have one of those machines and they are my local dealer for support. In other news, I strolled through our Macy's store Friday night and they now have big curtains hanging up around some empty sections of the store. I was looking for clothing to wear to a work conference this month; I found 2 tops but nothing really appropriate. I don't know how they've survived this long. I'll be amazed if they're not on the chopping block for the next round of closings. Link to comment Share on other sites More sharing options...
Brad Posted May 20 Author Share Posted May 20 Not retail but Red Lobster filed for Chapter 11 bankruptcy https://www.cnbc.com/2024/05/20/red-lobster-bankruptcy.html Link to comment Share on other sites More sharing options...
Kanyon71 Posted May 23 Share Posted May 23 Endless shrimp did them in. 1 Link to comment Share on other sites More sharing options...
tinkrbel Posted May 26 Share Posted May 26 I don't think we've lost any Macy's locally but I know Joann's is always dead on the off chance I drop in to collect sale stuff ordered online. I'm probably cheap (by most standards) AND spoiled by sales of yesteryear WITH the tendency to overbuy when I see good deals but prices most places are outrageous to me and the quality has gone down too. I've never cared for labels so I'm usually looking for good quality, functional items and the lowest price available and lately my recent clothing purchases have been mostly sportswear type stuff from BJ's clearance. The air fryer we bought at Walmart preBF sale has been a lifesaver and worked amazingly (I remember struggling to decide between that cheaper one, an Emeril and something from Kohls all with several sketchy reviews). At this point I'm just grateful not to NEED much because everything is off the chain. Hell, fast food isn't even worth the stop unless you have an app with decent offers and even then today I heard some have ridiculous terms that limit liability. The way I look at it, I use it rarely enough that it doesn't really matter but earlier someone brought up the coffee scalding thing wouldn't have been covered. Worst I've had is the wrong food or cancelled order and I just demanded refund to original payment. I'm still trying to figure out how we're supposed to get ahead paying the suggested prices on everything with current wages and the cost of gas, food and rent increasing. Where/how/when did everything go haywire? 2 1 Link to comment Share on other sites More sharing options...
Brad Posted September 9 Author Share Posted September 9 Big Lots files for Chapter 11 bankruptcy, plans to be sold to private equity firm https://apnews.com/article/big-lots-bankruptcy-retail-consumer-4713b5436d17c7838a45fe5cd5c3fe8b Link to comment Share on other sites More sharing options...
Kanyon71 Posted September 10 Share Posted September 10 19 hours ago, Brad said: Big Lots files for Chapter 11 bankruptcy, plans to be sold to private equity firm https://apnews.com/article/big-lots-bankruptcy-retail-consumer-4713b5436d17c7838a45fe5cd5c3fe8b Read this yesterday. Said the only change they expect is to close some More of their under performing stores. Link to comment Share on other sites More sharing options...
len_mullen Posted September 14 Share Posted September 14 (edited) Great news! from Panasonic Returns To The U.S. TV Market (forbes.com) Quote Renowned Japanese brand Panasonic has announced today that it is returning with immediate effect to the U.S. TV marketplace after a near decade-long absence. The brand has confirmed, too, that its return won’t be some half-hearted toe-dipping exercise; in fact it’s going to be giving U.S. AV fans the opportunity to get their hands on its most premium OLED models—models deemed so good by the home entertainment world that they’re sometimes used as reference monitors in professional mastering suites. Panasonic has clearly pursued a strategy in recent years of building its TV offering back to strength on the back of OLED technology. Which makes perfect sense given the brand’s long and proud heritage with that other great self-emissive TV technology, plasma. This year’s W95s, though, represent by far Panasonic’s most concerted effort to deliver a really serious LCD TV for years. The W95s will combine Mini LED lighting with local dimming, for starters, and will again retain the new HCX Pro AI MK II processor and Fire TV smarts. Panasonic’s new fleet of U.S. TVs should be on sale from today from various launch partners, including Amazon and Costco. Pricing has yet to be confirmed at the time I’m writing this, but I’ll update this article once the models have appeared at retailers. In the meantime, if you’re in the market for a new TV I definitely recommend spending a few minutes checking out my thoughts on the Z95 series. Wish Pnambic were here to celebrate with us! This is what God was thinking when he gave RCA the rib from radio... Panasonic 65Z95 4K OLED TV Review: Fired Up (forbes.com) Edited September 14 by len_mullen adding a review link 1 Link to comment Share on other sites More sharing options...
tinkrbel Posted September 16 Share Posted September 16 One of our 2 Big Lots is closing before October. I was last in mid August maybe and they'd just started to reduce things at 5%-20% with Halloween being the highest. It makes no sense to me because that store was bigger and had more selection but I'm rarely in there so not too bothered. I ONLY realized a couple of weeks ago that we lost one of our Kohl's in January Link to comment Share on other sites More sharing options...
Brad Posted October 15 Author Share Posted October 15 https://www.cbsnews.com/news/true-value-chapter-11-do-it-best-bankruptcy/ True Value hardware stores files for Chapter 11, will be sold to Do it Best. Link to comment Share on other sites More sharing options...
Kanyon71 Posted October 16 Share Posted October 16 Never heard of Do It Best Link to comment Share on other sites More sharing options...
speeddiva Posted October 16 Share Posted October 16 18 hours ago, Kanyon71 said: Never heard of Do It Best It’s headquartered in Fort Wayne, Indiana. They seem to be a good company, at least no one around here says anything bad about them. The Do It Best stores are usually pretty good prices and always have great customer service. 3 Link to comment Share on other sites More sharing options...
HomeinKS Posted October 26 Share Posted October 26 On 10/15/2024 at 1:22 PM, Brad said: https://www.cbsnews.com/news/true-value-chapter-11-do-it-best-bankruptcy/ True Value hardware stores files for Chapter 11, will be sold to Do it Best. Our small town has a Do It Best hardware store as well as a True Value. I wonder if they will both stay open. They are each other's biggest competition. The only other similar store in town is more of a farm store. 1 Link to comment Share on other sites More sharing options...
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