https://nypost.com Your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more. Fri, 13 Sep 2024 05:07:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 https://nypost.com/2024/09/13/business/gamestop-prepares-to-shutter-even-more-stores-after-disappointing-second-quarter/#respond Fri, 13 Sep 2024 01:07:05 -0400 2024-09-13T01:07:17-04:00 https://nypost.com/2024/09/13/business/gamestop-prepares-to-shutter-even-more-stores-after-disappointing-second-quarter/ Shane Galvin https://nypost.com/?post_type=article&p=33320499 0 GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report. The earnings report released Wednesday sent GME stock tumbling – losing 15% in one day. The company is down 7% in just the past month. The company said it is struggling to sell hardware in its stores around the world as more and more games are downloaded digitally if not simply ordered online. Executives say that they hope closing underperforming stores will make the overall business more efficient. https://nypost.com/2024/09/09/business/big-lots-files-for-bankruptcy-to-sell-assets-to-buyout-firm/#respond Mon, 09 Sep 2024 11:23:04 -0400 2024-09-09T14:58:39-04:00 https://nypost.com/2024/09/09/business/big-lots-files-for-bankruptcy-to-sell-assets-to-buyout-firm/ Associated Press https://nypost.com/?post_type=article&p=33282188 0 Big Lots sale sign Big Lots shopping carts Store in Florida https://nypost.com/2024/09/06/business/struggling-big-lots-preparing-bankruptcy-filing-will-sell-stores-report/#respond Fri, 06 Sep 2024 19:55:07 -0400 2024-09-06T19:55:17-04:00 https://nypost.com/2024/09/06/business/struggling-big-lots-preparing-bankruptcy-filing-will-sell-stores-report/ Reuters https://nypost.com/?post_type=article&p=33269508 0 Big Lots store in Wisconsin. Store sale signs https://nypost.com/2024/09/06/business/ll-flooring-once-known-as-lumber-liquidators-closing-all-stores-after-bankruptcy-filing/#respond Fri, 06 Sep 2024 00:59:12 -0400 2024-09-06T00:59:23-04:00 https://nypost.com/2024/09/06/business/ll-flooring-once-known-as-lumber-liquidators-closing-all-stores-after-bankruptcy-filing/ Nicholas McEntyre https://nypost.com/?post_type=article&p=33262198 0 The 30-year-old hardware store which once operated over 400 stores in the US said it decided to liquidate after several negotiations didn't result in the "best offer for the company." LL Flooring filed for Chapter 11 bankruptcy on Aug. 11 and had commenced "voluntary restructuring operations." Lumber Liquidators changed its name to LL Flooring in 2021 after the company came under fire in a 2015 “60 Minutes” investigation. https://nypost.com/2024/07/24/business/home-goods-retailer-conns-files-for-bankruptcy-closing-over-70-stores/#respond Wed, 24 Jul 2024 13:21:43 -0400 2024-07-24T13:21:47-04:00 https://nypost.com/2024/07/24/business/home-goods-retailer-conns-files-for-bankruptcy-closing-over-70-stores/ Fox Business https://nypost.com/?post_type=article&p=32922631 0 Conn's HomePlus store in Houston Conn's appliances on display. https://nypost.com/2024/07/20/us-news/former-nyc-rite-aid-is-now-overrun-by-booze-swilling-vagrants-zonked-out-junkies-f-king-preposterous/#respond Sat, 20 Jul 2024 07:34:11 -0400 2024-07-22T20:48:55-04:00 https://nypost.com/2024/07/20/us-news/former-nyc-rite-aid-is-now-overrun-by-booze-swilling-vagrants-zonked-out-junkies-f-king-preposterous/ Chris Harris https://nypost.com/?post_type=article&p=32866385 0 A table covered with items in the building's back lot next to a can filled blue shopping cart and fire extinguishers hung on a metal grate More junk is seen dangling from the roof including a pink minnie mouse bike helmet, a power wheels jeep with a plastic dinosaur on top, a ladder, a navy blue bra and a large plastic plane A picture of the building, with different items hanging from the roof's edge. including a neon yellow firefighters jacket; a large pink plastic crayon, two children's bikes framed art and a flag Two men siting in chairs in the parking lot. More junk is seen dangling from the roof. including a large king kong a large dinosaur a framed image of a blue seashell a helmet and a pinocchio doll A photo of the building taken from Broadway. More junk is seen behind the building including a shopping cart full of water jugs, A picture showing a man passed out o a blue couch with what appears to be a stained mattress on top of his head More junk is seen dangling from the roof including a framed drawing of two llamas Trash and broken glass cover the lot, where vagrants spend the day drinking. A picture showing a large white sectional couch up against the back of the building with junk hanging over the edge of the roof and a large foam cushion in front of the couch. More junk is seen dangling from the roof. including a yellow smiley face doll and a grey hat A wide shot of the parking lot, showing the pile of wood and construction debris which neighbors say children have been seen playing on A collection of discarded items, as well as salsa, plastic dinosaurs and packing tape, sits atop a table in the parking lot. The store's graffitied door. Garbage and construction debris, pilled up against the back of the building. https://nypost.com/2024/07/12/business/stop-amp-shop-will-shutter-7-nyc-area-stores-32-overall/#respond Fri, 12 Jul 2024 15:06:57 -0400 2024-07-12T15:07:08-04:00 https://nypost.com/2024/07/12/business/stop-amp-shop-will-shutter-7-nyc-area-stores-32-overall/ Lisa Fickenscher https://nypost.com/?post_type=article&p=32802926 0 Exterior view of Stop & Shop Supermarket in Haskell, NJ Marty, the robot, patrolling the aisles of a Stop & Shop supermarket in Quincy, MA, using cameras and lasers to identify garbage and spills. https://nypost.com/2024/07/05/business/big-lots-to-close-stores-may-file-for-bankruptcy/#respond Fri, 05 Jul 2024 14:29:15 -0400 2024-07-05T22:53:03-04:00 https://nypost.com/2024/07/05/business/big-lots-to-close-stores-may-file-for-bankruptcy/ Taylor Herzlich https://nypost.com/?post_type=article&p=32712727 0 A Big Lots storefront. https://nypost.com/2024/07/03/business/mod-pizza-chain-could-soon-be-filing-for-bankruptcy-report/#respond Wed, 03 Jul 2024 22:21:57 -0400 2024-07-03T22:34:23-04:00 https://nypost.com/2024/07/03/business/mod-pizza-chain-could-soon-be-filing-for-bankruptcy-report/ Allie Griffin https://nypost.com/?post_type=article&p=32696224 0 Sign announcing permanent closure of Mod Pizza location taped on door. Mod Pizza storefront Mod Pizza pizza and drink https://nypost.com/2024/07/03/business/bobs-stores-closing-all-locations-after-70-years-in-latest-us-retail-casualty/#respond Wed, 03 Jul 2024 01:45:44 -0400 2024-07-03T08:00:02-04:00 https://nypost.com/2024/07/03/business/bobs-stores-closing-all-locations-after-70-years-in-latest-us-retail-casualty/ Alec Gearty https://nypost.com/?post_type=article&p=32682849 0 Bob's Stores is closing its 21 US locations on July 14 after it was unable to secure the finances needed to maintain operations. Bob's Stoes specializes in "footwear, workwear, teamwear and everyday clothing" Bob's Stores started in Connecticut and expanded to more than 30 stores throughout the Northeast. https://nypost.com/2024/06/27/business/walgreens-could-shut-more-than-2000-stores-as-sales-plunge-amid-stubborn-inflation/#respond Thu, 27 Jun 2024 12:27:34 -0400 2024-06-27T12:28:40-04:00 https://nypost.com/2024/06/27/business/walgreens-could-shut-more-than-2000-stores-as-sales-plunge-amid-stubborn-inflation/ Taylor Herzlich https://nypost.com/?post_type=article&p=32608730 0 3200-eighth-st-s-wisconsin-84556004 Walgreens plans to shutter a "meaningful percent" of its more than 8,600 US locations, the company said Thursday. Walgreens CEO Tim Wentworth announced ambitious turnaround plan after the company cut its profit forecast for the year. https://nypost.com/2024/06/24/business/hooters-abruptly-shuts-dozens-of-underperforming-stores-as-inflation-hammers-diners/#respond Mon, 24 Jun 2024 16:39:28 -0400 2024-06-24T16:39:39-04:00 https://nypost.com/2024/06/24/business/hooters-abruptly-shuts-dozens-of-underperforming-stores-as-inflation-hammers-diners/ Taylor Herzlich https://nypost.com/?post_type=article&p=32570425 0 Hooters waitresses Outside of Hooters restaurant Hooters waitresses https://nypost.com/2024/06/18/us-news/more-companies-announce-bankruptcies-and-closures-citing-inflation-as-almost-3200-stores-face-shuttering-in-2024-poll/#respond Tue, 18 Jun 2024 22:27:53 -0400 2024-06-18T22:27:56-04:00 https://nypost.com/2024/06/18/us-news/more-companies-announce-bankruptcies-and-closures-citing-inflation-as-almost-3200-stores-face-shuttering-in-2024-poll/ The Center Square https://nypost.com/?post_type=article&p=32504196 0 store closing signs supermarket Rue21 storefront coins and a graph store closing sign https://nypost.com/2024/06/03/us-news/bronx-moviegoers-fume-as-theres-now-just-one-theater-in-the-entire-borough-our-childhood-is-being-erased/#respond Mon, 03 Jun 2024 15:34:11 -0400 2024-06-03T16:06:53-04:00 https://nypost.com/2024/06/03/us-news/bronx-moviegoers-fume-as-theres-now-just-one-theater-in-the-entire-borough-our-childhood-is-being-erased/ Marie Pohl, Steve Janoski https://nypost.com/?p=32312113&post_type=article&preview_id=32312113 0 052824THEATER2WM the bronx concourse plaza multiplex closes The inside of Multiplex Cinemas the bronx concourse plaza multiplex closes the bronx concourse plaza multiplex closes the bronx concourse plaza multiplex closes https://nypost.com/2024/05/31/business/red-lobster-scrambling-to-keep-times-square-location-open-sources/#respond Fri, 31 May 2024 13:34:43 -0400 2024-05-31T13:42:18-04:00 https://nypost.com/2024/05/31/business/red-lobster-scrambling-to-keep-times-square-location-open-sources/ Lisa Fickenscher, Steve Cuozzo https://nypost.com/?post_type=article&p=32273407 0 Group of people walking on a sidewalk near Red Lobster restaurant in Times Square, Manhattan, taken on May 15, 2024. Location closed" sign on a Red Lobster restaurant in Torrance, California indicating temporary closure with equipment up for auction. A plate of food and a drink at a Red Lobster location, implying financial difficulties as they prepare for potential bankruptcy. A plate of shrimp and vegetables from Red Lobster's all-you-can-eat promotion https://nypost.com/2024/05/30/real-estate/theres-now-only-1-movie-theater-in-the-bronx/#respond Thu, 30 May 2024 12:21:39 -0400 2024-05-30T12:21:56-04:00 https://nypost.com/2024/05/30/real-estate/theres-now-only-1-movie-theater-in-the-bronx/ Hannah Frishberg https://nypost.com/?post_type=article&p=32250303 0 052824THEATER2WM the bronx concourse plaza multiplex closes the bronx concourse plaza multiplex closes the bronx concourse plaza multiplex closes the bronx concourse plaza multiplex closes https://nypost.com/2024/05/29/business/stop-amp-shop-to-close-a-number-of-underperforming-stores/#respond Wed, 29 May 2024 23:17:23 -0400 2024-05-30T09:20:29-04:00 https://nypost.com/2024/05/29/business/stop-amp-shop-to-close-a-number-of-underperforming-stores/ Allie Griffin https://nypost.com/?post_type=article&p=32262669 0 Stop&Shop sign on building Marty the robot near fruit stands in Stop & Shop https://nypost.com/2024/05/27/us-news/landmark-nyc-ice-cream-parlor-faces-eviction-as-locals-say-its-a-sign-neighborhood-just-isnt-the-same/#respond Mon, 27 May 2024 12:42:09 -0400 2024-05-27T14:21:39-04:00 https://nypost.com/2024/05/27/us-news/landmark-nyc-ice-cream-parlor-faces-eviction-as-locals-say-its-a-sign-neighborhood-just-isnt-the-same/ Desheania Andrews, Alex Oliveira https://nypost.com/?post_type=article&p=32223346 0 Scoops, on Flatbush Avenue in Prospect Lefferts Gardens, was ordered to vacate the premises by the end of August Anthony “Tony” Fongyit, 74, has operated the business in Brooklyn for the last four decades Scoops sells vegan ice cream and food, along with an assortment of groceries. Locals love its healthy and eclectic fare Erna, 66, a Scoops customer for decades, was one of many locals who lamented gentrification eroding their community https://nypost.com/2024/05/20/business/red-lobster-files-for-bankruptcy-after-losing-millions-on-ill-fated-all-you-can-eat-shrimp-promotion/#respond Mon, 20 May 2024 11:36:55 -0400 2024-05-20T14:56:10-04:00 https://nypost.com/2024/05/20/business/red-lobster-files-for-bankruptcy-after-losing-millions-on-ill-fated-all-you-can-eat-shrimp-promotion/ Lisa Fickenscher https://nypost.com/?post_type=article&p=32141243 0 Closed Red Lobster restaurant in Torrance, California with a 'location closed' sign displayed in the window. Red Lobster logo outside a temporarily closed restaurant in Torrance, California on May 14, 2024 Red Lobster CEO Jonathan Tibus A dumpster full of cardboard boxes in front of a closed Red Lobster restaurant in San Diego, California, whose contents are up for auction. Sign on the front door of the closed Red Lobster restaurant on Baymeadows Road indicating company's intent to reorganize into a smaller chain https://nypost.com/2024/05/15/business/red-lobster-hired-auction-company-very-recently-before-shutting-50-restaurants-may-file-for-bankruptcy-next-week-sources/#respond Wed, 15 May 2024 12:30:47 -0400 2024-05-15T13:39:24-04:00 https://nypost.com/2024/05/15/business/red-lobster-hired-auction-company-very-recently-before-shutting-50-restaurants-may-file-for-bankruptcy-next-week-sources/ Lisa Fickenscher https://nypost.com/?post_type=article&p=32071419 0 Red Lobster logo on a closed restaurant with an empty parking lot in Torrance, California, 2024. Sign announcing the closure of a Red Lobster restaurant taped to a glass door in Silver Spring, Maryland, U.S., May 14, 2024. Red Lobster employee David Brown in black hat and shirt, helping to clean out the Baymeadows Road restaurant after its sudden closure Red Lobster logo outside a temporarily closed restaurant in Torrance, California on May 14, 2024.