As many department stores close, this chain adds new locations

As bankruptcies and store closures get more common, one chain has largely bucked the trend.

Apr 21, 2025 - 00:30
 0
As many department stores close, this chain adds new locations

It's no secret that this is not the best of times for retailers. Whether you run a company selling children's clothing, shoes, home goods or, well, just about anything else these days, even the most well-known stores have been closing their doors. 

Mall retailers, especially those in indoor malls, have seen a steady decline in foot traffic in recent years. The drop-off started way back in the late 1990s and early 2000s, but the pandemic really sped up the decline.