Iconic bankrupt retailer closes all 800 stores in liquidation
The popular retailer filed for bankruptcy for a second time in less than a year.
The retail sector is facing a devasting year in 2025 if a certain data firm's prediction comes true.
Retailers have ramped up store closings since recording 1,680 closings in 2022. Retail businesses shut down more than twice as many stores in 2023 than the previous year with 4,070 closings, the National Retail Federation reported.
