Based on recent bankruptcy filings, corporate restructuring announcements, and ongoing “fleet optimization” plans, here are six major retail chains closing locations in Arizona this year.
1. Conn’s HomePlus
This is the most significant hit for many Arizona homeowners. The Texas-based furniture and electronics retailer filed for bankruptcy and announced a plan to close its entire footprint in the state.
This affects all Arizona locations, including major stores in Phoenix (Thomas Rd, Dunlap Ave), Tempe (Arizona Mills), Chandler, Tucson, and Yuma. The company has already commenced “going out of business” sales. If you have financing plans or warranties with Conn’s, you should check your account status immediately as the physical stores wind down operations.
2. Big Lots
The discount furniture and pantry retailer filed for bankruptcy protection and has been aggressively shedding stores to survive. Arizona has been one of the states hit hardest by these cuts.
A significant number of locations have been marked for closure, including stores in Mesa, Glendale, Peoria, Scottsdale, and Flagstaff. Shoppers looking for bargain patio furniture or home goods should expect aggressive liquidation sales at these locations as the brand wipes out a large portion of its local footprint.
3. Macy’s
The iconic department store continues its strategy of exiting struggling malls to focus on its best-performing sites. Macy’s has confirmed a new round of closures as part of its “Bold New Chapter” plan…