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Department store closures: 12 chains shutting locations through 2026 and why
Department stores in the US and Canada are undergoing significant changes, with large chains like Macy’s, JCPenney, and Sears closing numerous locations between 2024 and 2026. This shift focuses on fewer, higher-performing stores and increased online sales. Smaller markets are losing anchors, leading to longer drives for shoppers and a reliance on digital shopping, marking a decline in traditional retail formats.
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