Chain plans to shutter 126 stores, 6 of 7 in Mass.
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THE REGION CompUSA Inc. says it will close six of its seven stores in Massachusetts by May 31 as part of a restructuring plan that calls for shuttering more than half its stores, spokeswoman Jessica Nunez said. Chief executive Roman Ross cited "changing conditions in the consumer retail electronics market." In Massachusetts, the chain plans to close stores in Framingham, ...
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Macyâs Inc., the owner of its namesake chain and Bloomingdaleâs, said Friday that it would close stores deemed to have inadequate sales and eliminate 899 jobs.
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Palm plans to close its retail stores in an effort to focus on fewer programs and to compete better, the company says.
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New York retailing group Saks said Friday it will close 11 stores and shed 700 jobs. The company said it will close down eight Saks Fifth Avenue stores and three Off 5th Avenue
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The decision comes on top of 12,500 job cuts that the bank initially said it would eliminate during the merger. The bank&#39;s move drew fire from two Massachusetts
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Interstate Bakeries Corp. said it plans to shut down its bakery operation in Buffalo effective Oct. 23, a closing the Kansas City-based company said will affect approximately 200 employees.
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Ailing supermarket chain Kwik Save announces it is to close more than a third of its stores immediately.
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Circuit City, still smarting from the vicious price war of the past few months over flat-panel TV sets, yesterday announced plans to close dozens of stores, fire workers and shake up top management.
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Bank of America Corp. BAC.N, plans  on Wednesday to lay off hundreds of tellers and other employees  at Fleet bank branches, and ask them to leave immediately, the  Boston Globe said on Wednesday, citing documents it obtained  and Fleet branch managers.
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U.S. retailers will close stores and  reduce square-footage growth plans this year to offset slowing  sales, slumping stock prices, a saturated market and a penny  conscious shopper, analysts said on Sunday.
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Bank of America Corp. (BAC.N: Quote, Profile, Research) , plans on Wednesday to lay off hundreds of tellers and other employees at Fleet bank branches, and ask them to leave immediately, the Boston Globe said on Wednesday, citing ...
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Ailing electronics retailer Circuit City Stores Inc. yesterday said it would close 19 stores, five regional offices and a distribution center, launching a major cost-cutting campaign just one day after disclosing it has become the subject of a takeover bid.
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Bank of America plans to move an additional 300 jobs from its Wealth and Investment Management businesses to Boston. The bank was sharply criticized after it cut jobs at former Fleet branches in Massachusetts.
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U.S. retailers will close stores and reduce square-footage growth plans this year to offset slowing sales, slumping stock prices, a saturated market and a penny conscious shopper, analysts said on Sunday.
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Circuit City Stores Inc.  said on Thursday that it would close a number of stores, cut some jobs and change its management structure as it faces increased pressure in the electronics retail market.
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Losing sales to BlackBerrys and iPhones, the smartphone maker said it will close seven of its eight retail stores in February.
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Ailing supermarket chain Kwik Save closes 22 more stores across the country as it faces possible admiinstration.