Kohl’s to Close 27 ‘Underperforming’ Stores by April, CEO Stepping Down
Department store chain Kohl's has announced it will close 27 “unprofitable” stores and distribution centers by this spring, just one month after rival chain Macy's announced it would close 150 stores. Kohl's is headquartered in Menomonee Falls, Wisconsin. said on January 9th press release Scheduled closures include Alabama, Arkansas, California, Colorado, Georgia, Idaho, Illinois, Massachusetts, […]
Starbucks new CEO Brian Niccol orders baristas to shut down stores for mandatory 3-hour training: report
Starbucks, led by new CEO Brian Nicol, will reportedly hold workshops for baristas to further enhance their training to make their stores “cozy coffeehouses.” The company plans to close the store for three hours later this month. Employees at the company will undergo mandatory training titled “Welcome to Starbucks” from January 21st to 26th. According […]
Kohl’s to close 27 stores nationwide — including 10 in California
Struggling department store chain Kohl's has announced it will permanently close 27 “unprofitable” stores in 14 states, including 10 in California alone, in an emergency move to avoid bankruptcy. The company announced this in a press release. contained a list of locations It will be closed permanently. The closure is expected to be complete by […]
Party City to auction off leases to all 695 US stores as it goes out of business
Party City will auction off the rental properties at all 695 U.S. stores ahead of the retailer's nationwide closure. In late December, the party store flagship announced it would close after 40 years in the state after customers left for other locations after failing to keep up with high inflation. Party City plans to sell […]
Masked Robbers Hit 49 NYC Stores, Grabbing $40K from ATMs
A group of robbers targeted 49 stores in New York City, stealing ATM machines and making off with tons of cash. According to police, the three suspects robbed stores in Upper Manhattan, the Bronx, Brooklyn, and Queens between September 19th and December 26th, stealing money and other items. new york post reported Saturday. The group […]
Robbery crew in NYC stole ATMs, cash from 49 stores across city: police
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NYC robbers take ATMs, tens of thousands of dollars from 49 stores: cops
A gang of money-hungry robbers robbed 49 stores across the Big Apple, using ATMs to leave and steal tens of thousands of dollars, police said. It is said to be part of a three-month incident spanning four boroughs. Police said the three suspects enhanced the cars they used as getaway vehicles before committing robberies in […]
Big Lots gets green light for last-minute sale of 200 to 400 stores
Household goods chain Big Lots has been granted a reprieve to keep hundreds of its stores open after a bankruptcy judge approved a last-minute sale to a new owner, according to reports. U.S. Bankruptcy Court Judge Kate Stickles said at a court hearing Tuesday in Wilmington, Delaware, that the proposal was the best option after […]
California parents turn teens into LAPD for flash mob robberies at convenience stores
At least three parents in California have turned their teens into the LAPD for their part in a string of robberies at several … source
Big Lots in deal to keep hundreds of stores open
Big Lots announced Friday that it will sell its stores, distribution centers and intellectual property to retailers including Variety Wholesaler to Gordon Brothers in an effort to preserve the brand and save some distributors and jobs. – Announced that it has reached an agreement with Retail Partners. Privately owned Variety Wholesalers plans to acquire 200 […]