The publicly traded chain said in a statement that it expects to close “a significant portion, if not all” of its 449 physical stores. The retailer has three stores in the Indianapolis area.
Clothing retailer Express leaving Circle Centre after 25-year run
The struggling national fashion retailer—an original tenant in the downtown mall—has four other stores in the Indianapolis area.Read More
Kroger to close Broad Ripple fixture after 66 years
Kroger said the store, which has nearly 40 employees, hasn’t operated profitably for several years and that a turnaround wasn’t realistic.Read More
Retailer Bed Bath & Beyond eliminating both Indianapolis stores
Bed Bath & Beyond Inc. on Tuesday revealed the first 63 closures of the 200 that are planned nationwide over the next two years. The stores on the initial list will close by end of this year.Read More
At least three Victoria’s Secret stores at some of the area’s largest shopping malls have closed permanently as part of the parent firm’s plan to eliminate 251 stores in North America this year.
The struggling Canada-based retail chain is closing all 42 of its stores in the United States as it restructures its finances.
Kitchen goods retailer Sur La Table says it has reached a “stalking horse” agreement with New York-based Fortress Investment Group for a possible sale.
In all, the department store chain—which filed for bankruptcy protection last month—is closing nine locations in Indiana.
The Dallas-based discount retail chain filed for Chapter 11 bankruptcy protection May 27, citing financial strains caused by COVID-19-related store closures.
The 61-year-old retailer operates in nine states under various brands. Stores in Michigan, Illinois, Indiana, Missouri and Ohio are expected to close.
Macy’s said Tuesday it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store tries to reinvent itself in the age of online shopping. The store closures represent about one-fifth of Macy’s current total. They include about 30 that are in the process of closing and account […]
Express, a national retailer with four Indianapolis-area mall stores, plans to close about 100 stores as part of a restructuring plan.
Retail chain Papyrus is closing all 254 stores in the United States and Canada, the parent company’s chief executive said Tuesday.
Macy’s sales at stores opened at least a year fell 0.6% during the November and December period, which was not as bad as most industry analysts had anticipated.
Pier 1 Imports, which is led by the former CEO of defunct retailer HHGregg, plans to shut down hundreds of stores as it struggles to draw consumers and compete online.
The closure will leave the downtown mall with only a handful of tenants who were part of the shopping center’s 1995 opening day store lineup.
The chain, which specializes in organic and natural food, plans to close its stores in Carmel, Noblesville and Greenwood on Jan. 11.
The shutdown of 96 more Sears and Kmart locations will leave just 182 outlets for the company, which was once America’s biggest department store chain.
Form + Function owner Helmut Fortense is shutting down his store at the end of the year following 23 years in business so he can retire.
The owner of longstanding local retailer Keen Children’s Shoes says she’s closing the store because it has become too difficult to compete in a changing retail landscape.
Women’s retailer Avenue Stores LLC is closing all 222 of its locations in 33 states, the company announced this week.