Nostalgic Outdoor Retailer Closing All Stores, Including Texas Locations
This year has been hard on businesses and companies, both big and small. Data from the U.S. Courts shows a 16.2% rise in total bankruptcy filings as of June 2024. BankruptcyWatch reports that Chapter 11 business filings could continue rising toward the end of the year due to inflation and interest rate pressures.
Popular Outdoor Store Now Closing All Texas Locations
Brick-and-mortar stores were already beginning to decline before COVID, but we've seen a dramatic shift to online shopping since, this has led to a big upswing in physical stores shutting down for good. Additionally, smaller businesses have seemed to have taken it on the chin, finding it harder to compete...
Popular beach brand to close all locations across US after bankruptcy bloodbath with sales up to 40%
A BELOVED beach brand will close down all of its 28 locations and switch strategies. The Salt Life retailer has 28 stores across 10 states but will pivot to e-commerce and wholesale after parent company Delta Apparel Inc. was sold to brand management companies Iconix International and Hilco. Delta Apparel...
Popular beach brand confirms timeline for all 28 store closures after bankruptcy bloodbath giving fans more time to shop
ONE of America's top beach brands has confirmed the timeline of its upcoming store closures which are set to begin in the coming weeks. The popular Salt Life retailer has 28 stores across 10 states but has been forced to switch strategies after facing a bankruptcy bloodbath - leaving all its shops to be closed down for good.