The chief financial officer for Bed Bath & Beyond says 40 of the business’ stores will close this year, but 15 new ones will open. On the company’s earnings call, CFO Robyn D’Elia said they are in need of more favorable lease terms with landlords. The goods retailer is based in New Jersey. In the […]

CLEVELAND, OH (WOIO) – Target announced on Thursday plans to increase the hourly minimum wage for all current and new employees. The company will increase its minimum wage to $13 in June. The increase is part of Target’s commitment to pay employees a minimum of $15 an hour by the end of 2020. “Our team is Target’s […]

Meijer has announced opening dates for three new supercenters that will open in Avon, Mentor and Stow. All three stores will open Tuesday, May 14. “We’re extremely excited to open the doors to our newest stores here in Northeast Ohio,” said Tom Wilson, Regional Vice President, Meijer in a press release. The first day of […]

While waiting for a perspective buyer to save the company, Sears Holdings has announced it is closing 80 of its locations, both Kmart and Sears department stores, by February of 2019.  They are in addition to the 40 previously announced closings, bringing its total to 120. Among the sites that are slated to shut down […]

CLEVELAND – After trying to stave off a decade straight of unprofitable years, the inevitable has finally happened: the parent company of Sears and K-Mart filed for Chapter 11 bankruptcy protection Monday morning. As a result, more than 100 stores will shutter at the end of the year, including the Kmart store in Middleburg Heights, […]

STRONGSVILLE, OH (WOIO) – Sears said Thursday it will be closing 72 more stores in 2018 as sales continue to plummet. The former retail giant reported nearly $500 million in Q1 losses, and has identified at least 100 non-profitable stores, including two in Ohio. Soon, the Southpark Center location in Strongsville and the Elida Road location in Lima will shutter. “We continue […]

CLEVELAND, OH (WOIO) – Employees with several Toys R Us stores in Northeast Ohio said clearance sales on Thursday. Clearance sales will start at the North Olmsted, Mayfield Heights and Canton locations on March 22. Workers did not have details of the sales. A manager of the Parma location said she has not received information when liquidation […]

(RNN) – Toys ‘R’ Us is reportedly closing all its U.S. stores next week after the bankrupt company was not able to find a buyer, according to Bloomberg News. The U.S. branch of the company hoped to find a buyer or work out a debt restructuring deal, and unnamed sources are leaking to business outlets that […]

NORTHEAST OHIO (WOIO) – Update that resume. Home Depot is adding 1,350 positions to its Cleveland locations, and will be hiring more than 80,000 people nationwide. According to the big box retailer, the hiring surge will help the company with it’s busy spring season. From sales and cashiers to operations and online order fulfillment, opportunities […]

If you still buy music on CD, your might soon have trouble finding it. According to Billboard, Best Buy will stop selling CDs on July 1st. CD sales fell by more than 18% in the past year. Billboard reported that Best Buy was once the leading music merchandiser in the U.S. buy now sells only about […]

CLEVELAND, OH (WOIO) – Babies “R” Us is planning to close 20 percent of its stores in the United States by early 2018. The children’s retailer declared for bankruptcy in Sept. 2017 and is now planning to shutdown as many as 182 outlets across the country. According to USA Today, four stores in Ohio are slated to close, including […]

Sam’s Club has announced that it will close “a series of clubs” across the country. Media  in states including Texas, New York, New Jersey, Indiana, Arizona and Alaska are reporting store closures. WHIO reports that two Cincinnati-area stores have closed without notice. There are at least seven Sam’s Club locations in the Cleveland/Northeast Ohio area. Sam’s […]