Home accessories chain Depot will exit the Austrian market by January 31, 2027, affecting 140 employees across its 24 branch locations.

The cookie chain isn't the only dessert chain facing shrinking store counts, falling sales, and franchisee bankruptcy filings.

Villar-owned retail companies AllHome and AllDay have confirmed the closure of numerous stores as part of their strategy to improve operational efficiency and profitability. According to the latest disclosures to the Philippine Stock Exchange (PSE), AllHome's store count has dropped to 34 as of September 29, 2026, down from 47 at the end of 2025, representing a 28% decline. This follows a peak of 72 stores in 2023 and 2024, indicating a 53% reduction from their highest point. AllDay Marts, the grocery brand under the Villar family, has reduced its store count to 13 as of September 29, 2026, down from 26 at the end of 2025, a 50% decrease. The company had previously peaked at 40 stores in 2023 and 2024, resulting in a 67% decline from its highest number of outlets. Both companies cited the need to optimize their store networks, improve profitability, and align with market conditions as reasons for the closures. AllHome reported a net loss of P36.4 million from January to September 2025, compared to a net profit of P384 million in the same period in 2024. AllDay disclosed a net profit of P369 million as of December 2023, which fell 27% to P268 million as of December 2024, with sales also declining by 9.2%. The companies stated that store closures and resizing of underperforming locations are intended to optimize productivity, maintain a more efficient cost structure, and improve service quality. AllHome has three store categories: large mall-based, large free-standing, and small specialty. Both companies emphasized that they remain engaged in their core retail businesses and will continue to operate their remaining store networks. The Villar family's retail brands were previously seen as complementary to their housing projects, which have built over 500,000 homes, making them the largest homebuilder in the country. However, recent financial struggles have led to these strategic adjustments in their retail operations. The company's president and chief operating officer resigned last year amid a drop in corporate earnings, as disclosed in September 2025. AllDay also announced plans to optimize supermarket operations by adopting smaller mini-mart formats to enhance operational efficiency and better serve their target market, while focusing on cost discipline and active liquidity management to restore sustainable profitability.

For the second weekend in a row, the fast food burger chain saw a wave of restaurants closed by Meritage Hospitality Group. Here's the latest.

Home electronics retailer Power Finland is considering closing its stores in Lohja, Porvoo, Kotka and Järvenpää, Yle reported on Tuesday. The company will begin change negotiations with employees at the stores facing possible closure. The negotiations could lead to the termination of up to 61 emp…

Cato added roughly 70 underperforming locations to its closure plan and expects up to $1.3 million of exit costs for the additional stores.

GameStop keeps closing locations, and Target keeps picking up toy and collectibles sales.

(January 9, 2024)—Big Lots, the once-popular discount retailer, announced today it will close all stores nationwide after a failed acquisition deal, mark

On September 26, Target announced it was closing nine stores "because theft and organized retail crime are…contributing to unsustainable business performance." Target said that before making the dec...

A massive grocery chain is now closing more stores after eliminating 32 underperforming locations back in 2024. Stop & Shop store closures resurface.

MTY Group, the parent company of Cold Stone Creamery and Wetzel’s Pretzels, has announced plans to close 68 corporate-owned restaurants over the next nine months. Of these, 45 to 50 underperforming Papa Murphy’s pizza locations acquired two years ago will be affected. These closures, which collectively lost over $10 million in the past year, aim to reduce financial losses and improve the corporate store portfolio. MTY President and CEO Eric Lefebvre emphasized that the decision is a long-term strategy to focus resources on locations and brands with stronger return potential. The restructuring will begin immediately, with the first wave of closures scheduled for the week of July 13. The company has also indicated that further closures or sales may occur in the future. This move reflects broader challenges faced by the fast-food industry, where operational efficiency and profitability are critical. The closures will impact thousands of employees and local communities, raising concerns about job losses and economic effects. Analysts suggest that the decision underscores the need for businesses to adapt to changing consumer preferences and market conditions. While the move may seem drastic, it is part of a larger trend of corporate restructuring to ensure sustainability in a competitive sector.

Poundstretcher, operating about 420 UK stores, is reportedly weighing store closures (Yahoo Finance, Mar 31, 2026); a program of 10–50 closures would materially affect regional footfall.

SPWH Q1 comps rose 2.3% and net sales were $224.8m; management plans 28 store closures (~10% of footprint) and reported a 12% inventory reduction (Mar. 27, 2026).

U.S. discount chain announced over 75 store closures and low-single-digit price increases on Mar 22, 2026 (Yahoo Finance); investors should watch same-store sales and margin impact.

Macy's Marley Station Mall location in Glen Burnie is set to close by March as part of a national restructuring. A clearance sale kicks off mid-January.

Papa Johns store closures reason explained. Learn why 300 US restaurants are shutting, revenue impact, layoffs, stock decline and company restructuring plans.

Chains from Kohl’s and Macy’s to Starbucks and Rite Aid announced widespread shutdowns this year amid tariffs, bankruptcies and shifting shopping trends.

Macy’s increases planned store closures for 2025 to 65 locations as part of its Bold New Chapter strategy, aiming to modernize and focus on high-performing stores.