All Things Business

Ontario Retailer To Close

7 Jan , 2022  

By 1812Blockhouse

It has been the subject of speculative comments on Facebook over the last few weeks.

This week, it became official. Many sources are reporting that the Ontario location of national retailer Bed, Bath & Beyond will be shutting its doors before the end of February.

Going out of business sales have already begun at the 2259 Walker Lake Road store.

More…

,

All Things Business

Richland Mall Likely To Lose Women’s Clothing Retailer

15 Jan , 2021  

By 1812Blockhouse

A national chain with a location in Richland County is the most recent in a string of retailers to shut down in the wake of the COVID-19 pandemic.

Christopher & Banks, a national retailer of women’s clothing, has filed for bankruptcy on Thursday in New Jersey and is expected to close most if not all of its locations.

The company recently announced third quarter sales that resulted in a $10.8 million loss. In a press release, the company said,

“Despite the tremendous advancements we have made in executing our strategic plan, due to the financial distress resulting from the pandemic and its ongoing impact, we elected to initiate this process and pursue a potential sale of the business in whole or in part to position the Company for the future.” More…

, ,