No less than 3 Kansas Town-area Giant Quite a bit shops to near as corporate faces extra losses
In line with a contemporary submitting, Giant Quite a bit plans to near 215 underperforming shops
Up to date: 12:58 PM CDT Aug 6, 2024
No less than 3 Kansas Town-area Giant Quite a bit places are at the reducing block as the corporate faces mounting losses. Weeks in the past, the corporate introduced it will shut as much as 40 shops national; on the other hand, in line with a brand new submitting with the U.S. Securities and Alternate Fee, that quantity is rising.The brand new submitting states the corporate will shut 315 underperforming shops, with more than one Kansas Town-area shops incorporated. Closing month, the store stated the chain skilled web losses in 2022, 2023, and within the first quarter of 2024. The chain additionally stated web gross sales reduced 10.2% within the first quarter of the yr to $114.5 million.Places impacted by means of those closures are indexed at the Giant Quite a bit web site with a banner mentioning “CLOSING THIS LOCATION.”Within the Kansas Town field, shops marked for closure come with:Independence, Missouri — 4201 S. Noland RoadKansas Town, Missouri — 13637 Washington St.Kansas Town, Kansas — 7533 State Ave.Shops in Blue Springs, North Kansas Town, Lee’s Summit and Sedalia in Missouri, and Olathe and Shawnee in Kansas are set to stay open — for now.Authentic dates for those closures have no longer but been launched.Giant Quite a bit operates round 1,400 shops national.
KANSAS CITY, Mo. — No less than 3 Kansas Town-area Giant Quite a bit places are at the reducing block as the corporate faces mounting losses. Weeks in the past, the corporate introduced it will shut as much as 40 shops national; on the other hand, in line with a brand new submitting with the U.S. Securities and Alternate Fee, that quantity is rising.
The brand new submitting states the corporate will shut 315 underperforming shops, with more than one Kansas Town-area shops incorporated. Closing month, the store stated the chain skilled web losses in 2022, 2023, and within the first quarter of 2024. The chain additionally stated web gross sales reduced 10.2% within the first quarter of the yr to $114.5 million.Places impacted by means of those closures are indexed at the Giant Quite a bit web site with a banner mentioning “CLOSING THIS LOCATION.”
Within the Kansas Town field, shops marked for closure come with:
Independence, Missouri — 4201 S. Noland RoadKansas Town, Missouri — 13637 Washington St.Kansas Town, Kansas — 7533 State Ave.Shops in Blue Springs, North Kansas Town, Lee’s Summit and Sedalia in Missouri, and Olathe and Shawnee in Kansas are set to stay open — for now.Authentic dates for those closures have no longer but been launched.Giant Quite a bit operates round 1,400 shops national.
