Iconic retail chain closing all stores, liquidating
The bookseller, however, does make a high margin when you eat or drink in its cafe or buy a small item on your way out. Sure, you just looked at books, but books sell at a pretty low margin while Barnes & Noble makes over 50% on the Godiva sampler you bought on a whim.
Sam Ash to close all 42 stores as beloved music chain goes out of business
Sam Ash is the latest brick-and-mortar retailer whose fall from grace has been spurred by the rise of e-commerce.
Music store chain going out of business, closing 42 stores
Sam Ash, which proudly proclaimed itself "The World's Favorite Music Store," is shutting down and closing all of its remaining locations after 100 years in business. The family-owned company announced on May 2 that all of the Sam Ash Music store locations would begin store closing sales that same day.
National retail chain closing all stores in Chapter 11 bankruptcy
On May 2, Rue 21, a majority of which is owned by Blue Torch Capital, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. It listed $100 million-$500 million in assets and liabilities in its petition. Blue Torch Capital owns approximately 78% of the troubled retailer.
Sam Ash music store is closing every location in a devastating blow to fans
The century-old retailer, a beloved showroom for musicians who come to shop and jam, said it would immediately begin closing sales at every location. After a century of supplying musicians with instruments and gear,
Sam Ash Music closing all locations after 100 years in business
The family-owned company announced on May 2 that all of the Sam Ash Music store locations would begin store closing sales that same day. "Thank you for allowing us to serve musicians like you for 100 years.
I was laid off from my job at a fancy convenience store chain when it suddenly shuttered. My final shift felt like 'The Purge.'
Foxtrot, an upscale convenience-store chain, shuttered its 33 locations on April 23.Declan Rhodes, 25, was one of hundreds of ...
Why two Connecticut supermarket chains have turned to local products
Two prominent Connecticut grocery chains, Big Y and Stew Leonard's, have a strong focus on local sourcing of the products ...
Big-name department store chain bringing small store Bloomie's to the Grove at Shrewsbury
Bloomie's will take up the storefronts of three former stores: Brooks Brothers, which closed in January; J. Jill, which has ...
Convenience Store News1d
2 Convenience-Store Chains Opt Out of Autonomous Checkout
Some convenience stores, such as ampm and Urban Value Corner Stores, have embraced autonomous checkout as an efficient ...
Jobs massacre at department store chain Galeria Karstadt Kaufhof
Retail workers should place no faith in the Verdi trade union, which has once again welcomed a supposed “saviour” for Galeria ...
New York Post11d
Foxtrot employee forced to kick customers out of store as cafe chain abruptly closes all locations, laying off hundreds on a 2-hour notice
Two blindsided Foxtrot market employees captured the moment they found out that they — and hundreds of workers — were out of ...
Sales planned at two MS Coast stores as national clothing chain liquidates & closes
A national retailer with two locations in South Mississippi has filed for bankruptcy and will close all its stores, including ...
TheStreet.com8d
National retail chain closes more locations in bankruptcy filing
Bankrupt drugstore chain Rite Aid has been closing store locations since it filed for Chapter 11 to reorganize its business on Oct. 15, 2023. The company has been shutting down underperforming ...