123-year-old retailer, big box chain closing dozens of stores
NegativeFinancial Markets

A 123-year-old retailer is facing significant challenges, leading to the closure of dozens of its stores. This situation highlights the ongoing struggles within the retail sector, as many chains grapple with declining sales and changing consumer habits. The closures not only affect the company's workforce but also impact local economies that rely on these stores for jobs and services.
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