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Tag: closures

Bed Bath & Beyond will delay 20 store closures

Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Bed Bath & Beyond said Wednesday that it would delay closing 20 of its namesake stores. The company originally planned to close 60 locations, including …

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Macy’s store closures—here’s where they are

In the fiscal third quarter, Macy’s posted its first same-store sales decline in two years, and slashed its profit outlook for the year. The company attributed the sales weakness to unseasonably warm weather and soft foot traffic, saying it saw poor performance at lower-tier shopping malls. As the map shows, the planned closures of 28 …

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Debenhams kicks off make-or-break year with 19 store closures | Business

Debenhams will begin a make-or-break year with 19 store closures this month that will result in 660 job losses on the UK’s fragile high streets. The struggling department store chain will close the sites in the space of a fortnight as it presses ahead with a rescue plan announced last year. The closures starting on …

Debenhams kicks off make-or-break year with 19 store closures | BusinessRead More

Debenhams closures: the full list of stores to shut | Business

List of Debenhams store closures Altrincham, Greater Manchester – 11 January Birmingham The Fort – 11 January Kirkcaldy, Fife – 11 January Walton-on-Thames, Surrey – 11 January Wandsworth, London – 11 January Wolverhampton – 11 January Chatham, Kent – 15 January Great Yarmouth, Norfolk – 15 January Slough, Berkshire – 15 January Stockton-on-Tees, Co Durham …

Debenhams closures: the full list of stores to shut | BusinessRead More

Quiz warns of store closures after retailer’s high street sales slump | Business

The fashion brand Quiz has made a £6.8m loss after sales fell across its high street store chain and concessions, forcing the retailer to warn of further store closures. Quiz, which operates 246 UK stores and concessions, reported a year-on-year sales slump of 11% across its UK retail estate in the six months to the …

Quiz warns of store closures after retailer’s high street sales slump | BusinessRead More

Sainsbury’s profits dive more than 90% as store closures cost £200m | Business

The £200m cost of closing 15 supermarkets and dozens of Argos stores has all but wiped out profits at Sainsbury’s as the supermarket faces rising competition from discount rivals. The UK’s second largest grocer said pretax profits dived more than 90% to £9m in the six months to 21 September after the one-off property write-down, …

Sainsbury’s profits dive more than 90% as store closures cost £200m | BusinessRead More