Business ❯ Retail ❯ Store Closures

Bankruptcy

Liquidation Joann Claire's Chapter 11 Big Lots Joann Fabrics Economic Impact Depot Consumer Behavior Saks Fifth Avenue Financial Restructuring Party City At Home Going-Out-Of-Business Sales Liquidation Sales Luxury Goods Joann Stores Barbeques Galore Saks Off 5th Corporate Strategy Russell & Bromley LL Flooring Consumer Impact West Marine Legacy Stores Legal Processes Economic Factors Liberated Brands Legacy Retailers Franchise Group, Inc. American Freight Rite Aid JCPenney Impact Financial Struggles Value City Furniture Claire's Accessories

West Marine Files Chapter 11 and Will Close 59 Stores

Blaming heavy lease costs, extreme weather plus falling discretionary spending, the company has hired Hilco to run limited four-month liquidation sales during a court-supervised reorganization.

Saks Global to Close 15 More Stores to Streamline Luxury Footprint

Saks OFF 5TH Liquidation Sales Begin as 57 Stores Close in Bankruptcy Overhaul

Saks Global to Shutter 57 Off 5th Stores, Close Last Call and Website as Liquidation Sales Begin

Value City and American Signature Begin Nationwide Going-Out-of-Business Sales

Nearly 300 Store Closures Set for 2026 as Retail Footprints Shrink

Claire’s to Close 291 Stores as Proposed Buyer Pursues Bankruptcy-Court Approval

At Home to Shutter 29 Stores by Sept. 30 as Bankruptcy Restructuring Advances

At Home to Close 32 Stores Nationwide as Bankruptcy Liquidations Begin

Layoff Tally Reaches Nearly 700,000 in First Half of 2025

Joann to Close All Remaining Stores by May 31, Ending an 82-Year Legacy