Bankrupt essential retail brand closing its last remaining stores

The bankrupt retail chain has filed a notice to close 18 remaining stores.

Jul 15, 2025 - 02:30
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Bankrupt essential retail brand closing its last remaining stores

The retail sector has suffered a lot of devastating monetary disaster filings since dull 2024, which has resulted particularly major retail chains permanently disappearing and others severely downsizing their locations.

A distressed retail atmosphere developed as inflation introduced about labor and product prices to upward push over the final three years. Increased prices were joined by different economic challenges, equivalent to elevated hobby charges on debt, retail theft, and rent charges that were now not sustainable.

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