Blog Archives

Sears to Sell Three Florida Stores, Distribution Center

The Sears store in Daytona Beach, Florida, is one of three being listed for sale. Sears Holdings is unloading 2.35 million square feet of real estate across Florida, including the state’s largest industrial building, as the struggling national retail stalwart shrinks its brick-and-mortar footprint, shores up capital and focuses on online sales. Avison Young said […]

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Lowe’s to Close All 99 Orchard Hardware Stores

Lowe’s will close all Orchard Supply Hardware stores by the end of February. Lowe’s Cos. said it will close all Orchard Supply Hardware stores nationwide in the wake of stagnant sales as the retailer embarks on a review of its real estate portfolio. The Orchard chain has 99 stores in California, Florida and Oregon that […]

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Southeastern Grocers to Close 94 Stores, File ‘Pre-Packaged’ Ch. 11 as Part of Restructuring Agreement with Lenders

Following a months’ long review of how to reduce its debts, Jacksonville-based Southeastern Grocers has chosen to file for Chapter 11 bankruptcy reorganization. As part of this restructuring, it has decided to close 94 underperforming stores across the South, 35 in Florida, 19 each in Georgia and South Carolina, 10 in Alabama, nine in North […]

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Calypso St. Barth to Liquidate All Stores Nationwide

Luxury women’s lifestyle brand Calypso St. Barth is liquidating and closing all of its stores following its bankruptcy filing late last month. Founded on the Caribbean island of Saint Barthélemy in 1992, the luxury lifestyle brand operated 26 boutiques in New York, Georgia, Massachusetts, Colorado, California, Florida, Arizona, Maryland and South Carolina. Valued at a […]

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