The department chain has closed several stores in 2025, and now it's starting 2026 with even more in states like Texas, California, New Jersey and more. The closures are a part of a strategy to ... 1 day ago · Key Points Major retail chains are closing underperforming locations, expecting a challenging 2026. Iconic department store chain will close 14 stores in 2026. · More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands. · Retailers are closing nearly 300 stores to cut costs and focus on profitable locations, shifting towards online shopping and clearance sales. · The retailer told Axios that the closures are attributed to expiring lease agreements, market conditions, and other business considerations. The affected locations include stores in California, Colorado, Idaho, Kansas, Maryland, North Carolina, New Hampshire, and West Virginia. · Neiman Marcus’ flagship location in downtown Dallas is closing on March 31. The shutdown of the historic retailer will continue despite pushback from the community, including a consortium led by... · Earlier this year, the one-time giant was down to just eight locations, and now eight is down to five, according to a new report from The Street. To put that in perspective: Sears once had 3,500...
