Kwik Save to close down 79 shops
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Ailing supermarket chain Kwik Save announces it is to close more than a third of its stores immediately.
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Pittsfield, Mass.-based toy retailer KB Toys Inc. announced Tuesday it will close 141 to 238 underperforming stores by Jan. 31, 2005, including several in Oregon.
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PITTSFIELD, Mass. -- KB Toys Inc., the toy store chain which sought Chapter 11 bankruptcy protection in January, announced Tuesday that it will close another 148 to 238 stores.
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is closing eight Saks Fifth Avenue stores, including a store at North East Mall in Hurst, and three Off 5th stores, the company said today.
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Retailer Saks Inc. (SKS.N: Quote, Profile, Research) 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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Almost 40 jobs are under threat with the closure of the Homebase DIY store at Sprucefield near Lisburn.
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The UK's largest brewer announces it is closing its operation in Berkshire putting 362 jobs there at risk.
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Struggling clothing retailer Wet Seal Inc. said it will close about 150 underperforming stores as part of a major restructuring plan and lay off about 2,000 employees.
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Kwik Save staff are to find out if they will lose their jobs as the chain prepares to close a third of its shops.
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Ailing electronics retailer Circuit City Stores Inc. yesterday said it would close 19 stores, five regional offices and a distribution center, launching a major cost-cutting campaign just one day after disclosing it has become the subject of a takeover bid.
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Three KB Toys stores in Arizona face possible closure as the Pittsfield, Mass.-based retailer continues to trim the size of its organization while reorganizing under Chapter 11 bankruptcy proceedings.
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Department store operator Saks Inc. plans to close 11 locations, including the 42-year-old Saks Fifth Avenue in Garden City, the company said Friday.
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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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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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The Longaberger Co. is reducing the size of a planned layoff to 784 employees, down from its July estimate of 970. The Newark-based basket maker said the jobs will end Sept.
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Saks Fifth Avenue Enterprises plans to close its Off 5th store in the 100 Oaks Mall in Nashville. The closure is one of three Off 5th locations the company is shuttering, along with eight of its Saks Fifth Avenue stores.
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Circuit City Stores Inc. CC.N on  Wednesday said it would close 19 superstores, five regional  offices and a distribution center by the end of the month, a  day after the struggling electronics retailer received a $3.25  billion takeover offer.