Rue21, Macy’s, Red Lobster and 14 other chains closing hundreds of locations in 2024

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Rue21, Macy’s, Red Lobster and 14 other chains closing hundreds of locations in 2024
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Some companies are closing underperforming stores. Other companies are in the midst of Chapter 11 bankruptcy. And others have closed for good.

Some companies are closing underperforming stores. Others, like Rite Aid, Express and Red Lobster, are in the midst of Chapter 11 bankruptcy.Rite Aid has announced the closings of these 59 Pa. stores since filing for bankruptcyRite Aids, a mall, banks, theaters, more: 47 businesses in Pa. that are closing

The music retail company has filed for Chapter 11 bankruptcy and is closing all of its stores, including two in Pa. The Body Shop, a beauty and cosmetic chain, ceased all of its US-based operations as of March 1. The Body Shop’s U.S. operation was given no notice of the Body Shop’s U.K. company’s February administration filing and was forced into Chapter 7 bankruptcy,2300 E. Lincoln Highway in Middletown Township, Bucks County, near Langhorne

CVS Pharmacy announced in 2021 that it would close 900 stores. The first 300 store closings in 2022 were followed by 300 closings each in 2023 and 2024.Since October, the company has announced in bankruptcy filings the closings of 459 stores, including 60 locations in Pennsylvania:2. 5235 Library Road, Bethel Park, Allegheny County4. 5990 University Boulevard, Suite 30, Moon Township, Allegheny County6. 6200 Saltsburg Road, Penn Hills Township, Allegheny County, near Pittsburgh8.

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