Family Video closing all remaining locations across US
Family Video is closing its doors across the United States after 42 years, the company announced Tuesday. The company has more than 50 locations in Michigan. โWhat began as a handful of 500 square foot video rental locations, grew to 800 locations with up to 7,000 square feet of video rental and retail. We canโt thank you enough for all your support over the years! Learn more: https://t.co/FPmkNyrOK6 pic.twitter.com/hQMW9HCcD7 โ Family Video (@FamilyVideo) January 6, 2021List of Family Video locations closing in Michigan:
JC Penney closing 154 stores, including 3 in Michigan
NEW YORK J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint. A list of the stores closing was published on Penney's website. J.Crew and Neiman Marcus sought bankruptcy protection days before J.C. Penney. All three were laden with debt and had trouble connecting with shoppers, who are increasingly skipping the mall and shopping online. As part of its bankruptcy reorganization, Penney said it planned to permanently close nearly a third of its 846 stores in the next two years.