Back in September of last year, toy retail chain Toys-R-Us filed for bankruptcy. At the time, everyone across the internet, in their complete lack of comprehension on how anything works, proclaimed the end of the company, and began wondering when stores would start closing. This wasn’t the case at the time – far from it. […]
I mentioned early last November that Spin Street, a well known local music and video store here in Memphis, was closing. That event finally happened on the 25th of January – right at the end of the financial year. On that day, Spin Street closed its doors after 2 months of some quite intense liquidation […]
I think it’s safe to say most people in Memphis at least know of Spin Street – even if they haven’t shopped there before, it’s impossible to travel past the Poplar and Highland intersection and not notice the giant signs advertising the store, the posters along the windows, the giant Elvis standee above the entrance […]
Home technology store chain HHGregg is closing all of its 220 stores after failing to find a buyer for the now-struggling company. It’s the usual case of a business going into the red financially and filing chapter 11 bankruptcy to try to liquidate all its assets, pay its debts, and maybe restructure and get back […]
Gamestop announced that sales for the last quarter of 2016 – That is, the holiday season – were much lower than they expected. So much lower that, to help buffer costs, the company is planning to close about 3% of its stores worldwide, which equates to somewhere around 150-250 stores, depending on your source. This […]
Today, February 25th, 2017, the FYE store in Wolfchase Mall will close for the final time. Now just a shell of it’s former self, this music and movie store served as a central hub for the hunt for music and movies among most anyone in the area, but was especially popular among anime fans. It […]