A Massive Retailer Flagship Location Is Now Closing For Good

A massive retailer flagship location is now closing for good after 20 years in business, offering customers 50% discounts on items.

A Walmart located in Townson, Maryland, eight miles north of Baltimore, is set to close its doors for the last time on Friday, April 5, but is offering 50% off everything left in the store.

The Towson Walmart has been open for 20 years and is a special location with two floors, reports The-Sun.

However, Walmart decided to close it down because it was not meeting financial expectations.

“Everybody’s going in there, the shelves are so cleared out that everybody is recording,” one Walmart customer said, CBS affiliate WJZ in Baltimore reported.

“They are amazed at how fast everything is going.”

“Everything on shelves is clear.”

Another customer said, “50 percent off of everything – and this is our second time in here today,” per WJZ.

However, some local customers are not so happy about seeing the Towson Walmart go.

Walmart shopper Veronica Bell is sad her local Walmart is closing because now she is going to have to travel further to get to one.

“I think its terrible,” Bell told NBC affiliate WBAL.

“And the reason I think it’s terrible is because we used to have a Walmart [in a closer city] and now we’re not going to have one in Towson.”

Walmart said it was a hard decision to close the Towson store but it had worse than expected financial performance over the past few years.

The location of the store was also no longer adequate and Walmart wants to focus on other customers needs from when the store first opened.

“We are grateful to the customers who have given us the privilege of serving them at our store in Towson,” Alicia Anger, Walmart’s global communications director, said in the release. 

“We look forward to continuing to serve them at any of seven other locations across the area, on walmart.com, and through delivery to their home or business.”

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Also Read: Four Massive Companies Are Now Laying Off in South Carolina

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Market News Today - A Massive Retailer Flagship Location Is Now Closing For Good.
Market News Today – A Massive Retailer Flagship Location Is Now Closing For Good.

A home improvement store now makes an unexpected closure, affecting all 6 of its locations in just one state, sources confirm.

The Roomplace announced that it will be shutting down all of its stores in Indiana, as part of the final liquidation process.

“What was once viewed as taboo is now a strategic way to realign and strengthen a business,” CEO Bruce Berman said in a statement to Furniture Today.

“We’re making the tough decisions now to ensure we’re around for another 100 years.”

The Chicago-based retailer, which has been around since 1912, will be shutting down eight of its stores as part of the Chapter 11 restructuring.

This will include all of its locations in Indiana, one location in Wisconsin, and another in Illinois to “align its costs with its projected sales and economic realities.”

The shutdown will affect 83 employees who will be laid off due to the closings

“As a family-run business with strong community ties, it’s not an easy decision to close stores and impact the people who work, shop, and live in the affected communities,” said Berman.

However, a spokesperson for the business indicated to Furniture Today, that the closure will positively affect the store’s profitability.

The Roomplace is now looking to shift its focus to its 18 remaining Chicagoland locations.

“We are determined to become better and stronger in Chicagoland by continuing to offer consumers the largest selection of stylish brands at the market’s best prices,” Berman said.

“This is not an end; it’s a new beginning for Chicagoland.”

Starting April 4, all of the closing stores will feature “once-in-a-lifetime” furniture sale prices ahead of its shutdown.

“The permanent closure of these retail locations means The RoomPlace is offering remarkably deep discounts across all showrooms for a complete sell-off of merchandise and inventory,” the company revealed in a press release.

“Quality mattresses and furniture are available for purchase including sectionals, recliners, dining sets, outdoor furniture, home accessories and much more.”

The furniture store vowed to complete all existing orders regardless of the shutdown.

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Also Read: A Grocery Outlet with 479 Locations Now Makes Unexpected Closure

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Market News Today - A Massive Retailer Flagship Location Is Now Closing For Good.
Market News Today – A Massive Retailer Flagship Location Is Now Closing For Good.

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