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A closeout store is a retailer specializing in buying closeout items wholesale from others and selling them at low prices. Big Lots is a well-known closeout retail chain in the United States, but other stores such as TJ Maxx, Ross Dress For Less, Marshalls, and Value City are also common and specialize more in clothing and housewares.
'Hwashin Sanghoe (literally "Hwashin Store"), in downtown Seoul, was considered as first department store in Korea. The five most prevalent chains are Lotte, Hyundai, Shinsegae, Galleria, and AK Plaza. Lotte Department Store is the largest, operating more than 60 stores (including Lotte Outlets, Young Plazas, and foreign branches).
HomeGoods is owned by TJX Companies and is a sister company to T.J. Maxx, Sierra Trading Post, and Marshalls.The size of each store varies by location. [2] [1] There are locations in the United States that combine both the HomeGoods and the T.J. Maxx or Marshalls store brands in one building.
Grand Traverse Mall is an enclosed shopping mall serving Traverse City, Michigan, located in Garfield Township.Opened in 1992, the mall features five anchor stores: JCPenney, Target, Dunham's Sports, TJ Maxx, and Macy's.
On October 16, 2014, it was announced that Sears would be closing in January 2015. [7] JCPenney followed suit in 2018. [8] In January 2020, Macy's announced that it would close both of its stores as part of a plan to close 125 stores nationwide, leaving AMC Theatres and TJ Maxx as the only remaining anchor stores left. [9] [10]
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota.It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
A Copps Department Store was also located nearby. Of these stores, Montgomery Ward, J. C. Penney and Prange had relocated from downtown Fond du Lac. The Montgomery Ward space was later taken over by Kohl's, the Prange Way space by Sears and Prange's became Younkers. Simon renovated the mall in 1998, adding skylights and new flooring.
The mall first opened in 1987, anchored by Lechmere and Marshalls stores. [1] [2] TJ Maxx 'N More was later added in the late 1990s and it later became a TJ Maxx and HomeGoods combo store. Lechmere closed in 1997 and later became Best Buy. Marshalls closed in 2007 and became Big Lots in 2010. [3] Simon Property Group purchased the mall in 1999.