The Canadian farm goods store chain Peavey Mart announced it is closing all its locations. The Red Deer, Alberta-headquartered company recently closed 22 stores in Ontario and Nova Scotia. In a posting yesterday on social media, the company stated it “had sought and...
Two nationwide department store retailers, Macy’s (NYSE: M) and Kohl’s (NYSE:KSS) have announced plans to close stores. Macy’s confirmed the closure of 66 of what it defined as “non-go-forward store locations.” The company stated the...
Party City, the party supply retail chain with over 850 stores across the country, has announced it is going out of business, with store closings scheduled for Feb. 28, 2025. CNN obtained access to a video conference call with Party City CEO Barry Litwin informing...
The furniture chain American Freight is the latest retailer to shut down its operations, with the closing of all 328 stores across 41 states. The store closings are part of Chapter 11 bankruptcy proceedings by Franchise Group Inc., its parent company. Franchise...
Walgreens Boots Alliance (NASDAQ:WBA) announced it plans to close 1,200 stores over the next three years. CEO Tim Wentworth announced in June that the financially struggling company was reviewing roughly one-quarter of its roughly 8,600 locations and could close a...
Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing
