Business ❯ Corporate Strategy

Store Closures

Operational Challenges Operational Changes Market Competition Operational Efficiency Apple Inc. Market Presence Underperforming Stores Market Changes Location Impact Cost Management

Starbucks to Close About 250 North America Stores

The company says the cuts will remove underperforming locations to support a broad store-remodel program focused on improving profitability.

MTY To Close 68 Company-Owned Restaurants, Including Up to 50 Papa Murphy’s

Asda to Close Hale Barns Store on July 31

Domino’s Franchisee in Oceanside Files Chapter 11 Bankruptcy

Saks Global to Close 15 More Stores to Streamline Luxury Footprint

Grocery Outlet to Shutter 36 Underperforming Stores in Profitability Reset

Marks & Spencer Closes Crawley Café, Confirms More Café Conversions to Grow M&S Food

Wawa to Close Drexel University City Shelfless Store on Jan. 21

Pepco to Shut 28 German Stores in Court‑Supervised Overhaul

NYC Warns Starbucks Over Worker Protections as Hundreds of Stores Close

Claire’s Files Second Delaware Bankruptcy, Sets Sale Deadline for August 31

Apple to Close Parkland Mall Store in Dalian, Its First Mainland China Shutdown

Claire’s Launches Formal Sale Review of UK Arm as US Parent Mulls Bankruptcy

Hellweg to Close Ten Stores in Germany by August

Torrid to Close Up to 180 Stores as It Accelerates Digital Shift

Rite Aid Expands Store Closures to 115 Locations as Second Bankruptcy Proceeds

CVS Introduces Smaller Pharmacy-Only Stores Nationwide

Kohl’s Reports Weak Earnings and Stock Drops to Decades-Low Levels

Walgreens CEO Acknowledges Locking Up Products Hurt Sales and Failed to Curb Theft

Walgreens Explores Sale to Private Equity Firm Sycamore Partners