Iconic bankrupt retailer closes all 800 stores in liquidation

The popular retailer filed for bankruptcy for a second time in less than a year.

Feb 25, 2025 - 10:30
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Iconic bankrupt retailer closes all 800 stores in liquidation

The retail sector is going thru a devasting year in 2025 if a particular data company's prediction comes upright.

Retailers receive ramped up retailer closings since recording 1,680 closings in 2022. Retail companies shut down extra than twice as many shops in 2023 than the previous year with 4,070 closings, the Nationwide Retail Federation reported.

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