“Could a Ames Department Store revival work in 2023??”
Retail Store Set For Possible Refurn In 2023
On August 14, 2002, Ames department stores announced they would close their remaining 327 stores in the chain and wind-down business, converting the Chapter 11 bankruptcy reorganization to a Chapter 7 bankruptcy liquidation.
However, Molyneux Group, who owns the assets of Bradlees Department Stores PLC, announced that Ames Department Stores would be returning after a 21 year hiatus, with new locations opening in “Spring 2023”.
While no further details have been made public this could be a big event as the ghost of retail past is generating popularity among generations online in recent years.
If you visit www.Amesstores.com a message welcomes visitors. Could this be a BIG change in the retail industry with current economic conditions??
What do you think? Could a Ames Department Store revival work in 2023??