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In June 2020, Pier 1 officially went out of business and announced that it would be closing all of its stores by October, CNN reported. Sales had been declining as big-box stores like Target and ...
Just for Feet β bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports β filed for bankruptcy and closed in 2017. Modell's Sporting Goods β first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
On April 17, 2018, The Bon-Ton announced plans to go out of business after being purchased by two liquidators. [63] Borders Group, which included its namesake chain, along with Waldenbooks, filed for bankruptcy and closed all of its stores in 2011. [64] Brooks Brothers filed for Chapter 11 bankruptcy in July 2020. [65]
The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
In 2019, Payless filed for bankruptcy a second time and closed all of its stores. According to Forbes, βthe company continued to encounter too many aggressive competitors, including Zappos (a ...
Target will soon stop accepting personal checks as a form of payment at checkout. In a statement to NBC News, the retail giant said it was committed to creating an easy and convenient checkout ...
Target's original bullseye logo, used from 1962 until 1968 [ 1] The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville ...