Another Retailer Now Closes and Announces A Fire Sale

Another retailer now closes and announces a fire sale, leaving customers with one less option in the Columbus, Ohio area, source report.

An American Girl store will be closing up shop for good in just days, The-Sun reports.

The Columbus, Ohio, store located at the Easton Center announced it will close down on Monday, February 19th.

American Girl broke the news on its site also revealing that fans can come in before the closing date and grab merchandise on sale up to 50% off.

More specifically, the store will be marking down everything by at least 30% while books will be up to 50% off.

All sales will be final and are only available at the retail location and not online, according to the company.

Grieving fans took to an American Girl blog calling the move “bittersweet,” while others commented on the new store opening in Dallas.

In fact, the Galleria Dallas location is moving to the Shops at Park Lane.

The Galleria store will close down on February 25 and reopen at the new location soon.

The American Girl store in Ohio is just one of many retailers faced with closures this year.

Walmart closed at least 22 stores last year and is set to shutter another one in Ohio on Friday, February 16th.

The location on South High Street in Columbus is shutting down just days after it closed two stores in California.

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Also Read: Another Mall Clothing Retailer Now At High Risk of Bankruptcy

Other Economy News Today

Market News Today - Another Retailer Now Closes and Announces A Fire Sale.
Market News Today – Another Retailer Now Closes and Announces A Fire Sale.

A massive retailer now launches a liquidation sale as it closes an anchor store and abandons a mall for good, sources report.

A JCPenney store located inside a popular shopping mall is set to close in weeks, reports The-Sun.

Liquidation sales at the outlet in the Crystal Mall in Waterford, Connecticut, are underway.

The prices of goods have been cut by up to 50% and the store is set to close by May 25th, per The Day.

The JCPenney outlet is the last anchor store at the mall following the departures of renowned brands such as Macy’s, Sears, and Bed Bath & Beyond.

Executives of the company admitted the decision to close the store wasn’t easy.

“We continue to work to make every dollar count for America’s diverse, working families and welcome them to shop at our other JCPenney stores in the area,” they said.

The Crystal Mall has seen a series of high-profile store closures in recent years.

Its Macy’s and Sears outlets also closed back in 2021 and 2018.

A JCPenney store at the Shenango Valley Mall in Hermitage, Pennsylvania, is also set to permanently close its doors in May.

The store is unfortunately shutting down after the chain was in a legal dispute with the owner of the mall.

The closures come just years after the chain filed for bankruptcy.

Chiefs filed for bankruptcy after the business had racked up a whopping $5 billion in debt.

The chain survived and the company has since revealed details on restructuring plans.

More than $1 billion is set to be spent by the end of 2025 on several upgrades.

Stores are set to be renovated, and the company’s app and website will be improved.

The purpose of the upgrades is to boost efficiency.

“Now is the time more than ever to lean into that and make sure that we’re delivering that experience for our customer,” CEO Marc Rosen told the Associated Press.

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Also Read: A US Company Now Declares An Unexpected Bankruptcy

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Market News Today - Another Retailer Now Closes and Announces A Fire Sale.
Market News Today – Another Retailer Now Closes and Announces A Fire Sale.

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