Tag: Store Closing News (Page 3 of 7)

Thrift stores have now begun to close in Texas after two beloved locations announced the upcoming shutters over the weekend.

Two thrift stores in San Antonio, Texas, are closing their doors as shoppers face tighter budgets.

Roy Maas Youth Alternatives and Kym’s Kloset both announced their closures over the weekend.

Kym’s Kloset shut down for good at 6 PM on Sunday, with the store’s operator acknowledging that shoppers were struggling financially.

The five-year-old thrift store held a closing sale, offering T-shirts and shorts for just $1, with other items discounted by 75%, including store fixtures and mannequins, per the US Sun.

Despite moving to a new shopping center in hopes of boosting sales, Kym’s Kloset saw a significant decline in revenue, dropping from over $1,000 a day at its previous location to less than $100.

Pamela Allen, CEO of Eagles Flight Advocacy and Outreach, which runs Kym’s Kloset, expressed that the closure was “bittersweet.”

She thanked the community for their support and noted that the store had raised up to $75,000 annually to assist families in need and victims of domestic violence and human trafficking.

Meanwhile, the Roy Maas Youth Alternatives Thrift Shop is set to close at the end of the month, with signs on its doors indicating that it no longer accepts donations.

This store has been in operation for 41 years, helping children in crisis, including those who are homeless or in foster care.

Julie Healy, the chief development officer for RMYA, explained that while the thrift shop connected with the community, it was not central to their mission of supporting children in need.

She emphasized that the organization is thriving and no longer requires the store as a fundraising tool.

Employees from the thrift shop will be reassigned to other roles within the nonprofit.

However, shoppers can still take advantage of a 50% off sale until September 28, but many residents are expressing their sadness over the closures on social media.

Comments reflect a deep sense of loss, with locals highlighting the stores’ importance in providing essential items to the community, especially for children in shelters.

One resident lamented, “I’m so sad to hear this; it truly helped the community!”

Another noted the unique items they found at the store, while a third pointed out that many children relied on the thrift shop for clothing and necessities.

Another local echoed the sentiment of loss, stating, “Everything I know and grew up with is closing… It hurts to see.”

Earlier this summer, a Goodwill store in Commerce, Texas, also closed after being recently remodeled.

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Also Read: A Struggling Gas Station Chain Now Files An Unexpected Bankruptcy

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A massive rental company with 34k locations now shuts down its operations after filing for bankruptcy and 22 years in business.

Users of movie rental company Redbox were left saddened after it was announced that it would be shutting down operations.

The announcement comes after the rental company’s parent company, Chicken Soup for the Soul Entertainment, filed for Chapter 11 bankruptcy.

According to court documents obtained by the Washington Post, the Connecticut-based company claimed to be one billion dollars in debt.

As a result, Redbox, which was a staple of many grocery stores including Walgreens, and CVS will be shuttered.

Many fans took to social media to express how upset they were with the loss.

“I knew it was coming, sadly,” UltraVada wrote in a post on X, formerly Twitter.

“It was inevitable,” a second person mourned.

“I knew this would happen when I heard they filed for Bankruptcy but its still sad to hear. I have a lot of fun memories of Redbox,” a third person lamented.

“I still don’t think this will be or ever be the end of physical media as we do still get remasters of some movies in 4k/Bluray.”

One person revealed that they had forgotten the rental service had existed.

Some users were not surprised by the announcement.

“Not surprised since nobody really rents videos anymore with the rise of streaming and what not,” one user admitted.

“Also kinda remember getting into a feud with them on here.”

One user also pointed out that the last remaining Blockbuster, located in Bend, Oregon, managed to outlive Redbox.

Redbox was acquired by Chicken Soup for the Soul Entertainment (CSSE) in 2022 and became one of the company’s flagship video-on-demand streaming services.

At its peak, CSSE operated more than 20,000 DVD rental kiosks across the country.

The company’s filing means that the company’s more than 1,000 employees will be laid off, per The Wall Street Journal.

It was also reported by Deadline that many employees at CSSE hadn’t received their paychecks and had medical benefits cut in late June.

Also Read: This Massive Mall Retailer Is Now Closing In California

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