Economics ❯Market Trends ❯Retail Industry

Business Closures

Liquidation Sales Economic Impact Store Sales Consumer Behavior

Rite Aid to Close Over 470 Stores as CVS Acquires 625 Pharmacies and Shuts 271 Outlets

Rite Aid secured $1.94 billion in financing to support its planned sale of assets after a second Chapter 11 filing.

Hudson’s Bay to Close All Locations by June 1 After Failed Rescue Efforts

Rite Aid Begins Second Bankruptcy, Plans Store Closures and Asset Sales

Hudson’s Bay Launches Final Liquidation Sales as Historic Retailer Shuts Down