The number of brick and mortar businesses going under seems to be snowballing as a recent bankruptcy filing reveals at least 2 Wisconsin clothing stores will be closing.
It's not exactly news that it's been a challenging year for brick and mortar retail so far in 2024, but another store is about to be closed in the next week and a half. Walmart is closing yet another store location and it will be happening soon.
It's been a disturbing trend so far in 2024 where many Missouri restaurants have shut their doors forever. Chili's has just joined that group by closing a Missouri location and reports say that many more are to follow.
Well, this came out of nowhere. A major apparel retailer has suddenly declared bankruptcy and announced it would close 100 stores and that includes Missouri locations although the exact number in the state is uncertain.
It's not easy keeping a brick-and-mortar business afloat. Just ask Best Buy who just announced they will be shuttering up to 15 more stores and I can confirm that one location in Missouri has already shut its doors forever.
It's obvious now that it's going to be a very long year for both Dollar Tree and Family Dollar stores as suddenly there are even more Illinois locations that have landed on the closing soon list.
These aren't the first Missouri Family Dollar stores to close and they almost certainly won't be the last. However, there are now confirmed reports that more Dollar Tree is indeed confirming more Missouri Family Dollar locations.
The report that 1,000 Family Dollar stores would be closing this year now appears to have local repercussions. We now know that at least 3 northeast Missouri Family Dollar stores will be a part of those mass closings based on a new report.
Well, this was unexpected by many. What began as a purchase of one big bargain retailer by another has resulted in 1,000 Family Dollar stores closing. The question now is if and/or how many Missouri and Illinois locations will be affected.
It's obvious that Macy's is trying to execute a massive overhaul to try and save its business. The company just announced that 150 more stores will be closing. The question for Missouri is if (or how many) stores in the state will be affected.