In accordance with USA Right now, one other nationwide retailer will probably be closing shops in 2025.
Greenback Normal is positioned in Bridgeport, has a number of Clarksburg areas and others all through Harrison County. The record of shops closing has not been launched.
“As we look to build on the substantial progress we made on our Back to Basics work in fiscal 2024, we believe this review was appropriate to further strengthen the foundation of our business,” mentioned Todd Vasos, Greenback Normal’s chief government officer, within the earnings report.
“While the number of closings represents less than one percent of our overall store base, we believe this decision better positions us to serve our customers and communities,” Vasos mentioned within the report.
Greenback Normal mentioned it initiated a “store portfolio optimization review” through the fourth quarter of 2024, the place it recognized shops for closure or re-bannering primarily based on “an evaluation of individual store performance, expected future performance, and operating conditions, among other factors.”
