More stores plan to close this year

Stores Closing

Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • More than 800 stores are closing across the US in 2023. Here’s the full list.
  • More than a dozen major retailers are expected to close at least 800 US stores in 2023.
  • Macy’s, Walmart, and Big Lots are among the chains shutting down stores.
  • Bed Bath & Beyond is planning to close 416 locations — the most of any retailers on the list.
  • Leading the list is housewares giant Bed Bath & Beyond, which once owned more than 1,500 stores across three brands, but is now aiming to end the year with just 480 locations across two brands.
  • Tuesday Morning: 265 stores
  • Gap and Banana Republic: up to 74 stores

Read the original article by clicking here.