Electronics Retailer to Close 70 Stores
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Circuit City said it was closing about 70 stores, most of them in Canada, and that its chief merchandising officer had left the company.
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CompUSA has decided to close 126 of the 225 electronics stores it operates in the U.S. and Puerto Rico as part of a massive realignment aimed at cutting costs.
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Ailing supermarket chain Kwik Save is expected to go into administration at midday BST, closing 90 stores.
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NEW YORK - Retailer Saks Inc. Friday said it will close its Saks Fifth Avenue upscale department stores in La Jolla and seven other locations and three of its lower-price Off 5th stores, affecting 700 jobs.
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Dell on Wednesday announced the shutdown of retail kiosks in malls throughout the United States as it adjusts its evolving product distribution strategy.
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Rupert Murdoch&#39;s News Corporation is to close its Wapping printing site with the loss of up to 700 jobs and spend more than Â£600m on three new plants in Enfield, Glasgow and Liverpool.
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By Leon Stafford, The Atlanta Journal-Constitution  Mar. 9--Electronics retailer CompUSA will close all its metro Atlanta  stores in the next 60 to 90 days, the company said Thursday.
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U.S. retailers will close stores and  reduce square-footage growth plans this year to offset slowing  sales, slumping stock prices, a saturated market and a penny  conscious shopper, analysts said on Sunday.
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Circuit City Stores Inc., the nation's No. 2 consumer electronics retailer, said Thursday it plans to close seven domestic Superstores, a Kentucky distribution center and 62 company-owned stores in Canada to cut costs and improve its financial performance.
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Home improvement retailer Home Depot Inc  said on Thursday that it plans to close 11 Landscape Supply concept stores later this year, affecting 380 workers.
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U.S. retailers will close stores and reduce square-footage growth plans this year to offset slowing sales, slumping stock prices, a saturated market and a penny conscious shopper, analysts said on Sunday.
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Retailer Saks Inc.  on Friday said it will close eight of its luxury Saks Fifth Avenue stores and three of its lower-price Off 5th stores, resulting in a loss of 700 jobs at those stores.
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The electronics retailer might seek bankruptcy to fend off lenders.
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Consumer electronics chain store Dixons is to stop selling video recorders because of the rise in popularity of DVD technology. The store, which has sold VCRs for 26 years, said that DVD sales had damaged
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New York retailing group Saks said Friday it will close 11 stores and shed 700 jobs. The company said it will close down eight Saks Fifth Avenue stores and three Off 5th Avenue
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Retailer Macy's Inc  said on  Friday it would close nine underperforming stores in Indiana,  Ohio, Louisiana, Oklahoma, Utah and Texas.
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Saks Inc. announced plans to shut seven Saks Fifth Avenue stores, including one in Garden City, LI, and three Off 5th discount stores.