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In August 2023, Express announced that they would be laying off 150 workers in effort to achieve $150 million in annualized expense reductions by the end of 2025. [11] On October 24, 2023, Express warned that it may have to file for Chapter 11 bankruptcy protection as it has been hit hard from the COVID-19 pandemic, stating store sales have been declining for years and rising costs putting the ...
After Sears relocated, the building was home at different times to a nightclub, a car dealership, a day care center, and a housing authority office, before becoming vacant for several years. In 2007, it was purchased by Ilan Zaken, owner of the hip-hop clothing company Miskeen Originals, for $2.7 million (~$3.82 million in 2023).
The store was sold to Busbys of Bradford in 1953 who rebranded the store under the Busbys name. Busbys was itself purchased by Debenhams in 1958. The store was renamed Debenhams in 1973 and continued to trade from the same site until Debenhams' closure in 2021. 1953 [188] [269] A H Bull Reading: Bought by Selfridge Provincial Stores.
In 1949, Sears México had around 2,500 Mexican suppliers furnishing some 80 percent of the goods in the Mexico City store. [3] A second and third Sears were opened in 1949 in Monterrey and Guadalajara, and by 1953, Sears had seven stores in Mexico with annual sales of more than $15 million and employed around 1,900 people.
Since 1972 the men's clothing retailer Burton had been expanding its chain of women's fashion stores under the TopShop brand, and in 1979 it acquired Richard Shops' long-time rival Dorothy Perkins. A more direct assault on Richard Shops came in 1984 from the Burton Group, as Burton was now called, when it launched the unisex fashion chain ...
The grocery stores were sold to A&P in 1983, [14] [15] operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale, [16] as part of an effort to reduce debt. That same year, A&P closed all Kohl's Food Stores locations and the Kohl family left remaining management. [17 ...
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