Current:Home > StocksIs Ames Department Stores coming back? Previous online speculation fell flat -FinanceCore
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-12 15:37:49
Decades after closing down hundreds of stores, online posts have again suggested a potential return for Ames Department Stores, despite previous speculation that failed to materialize.
A message on a website and social media accounts purporting to belong to the store says the company plans to open dozens of locations across the United States beginning in 2026 after closing up shop more than two decades ago.
But organizers of the alleged store comeback have been difficult to reach and verification tough to come by.
A previous version of the website claimed the store was eyeing a 2023 comeback, an effort that did not come to fruition.
USA TODAY has reached out for further information.
Based in Rocky Hill, Connecticut, the former chain of discount stores shuttered its stores in 2002 after more than four decades of operation. Ames shut down more than 300 department stores, leaving 21,500 employees jobless, a year after it filed for U.S. bankruptcy-court protection, the Wall Street Journal reported at the time.
The company could not immediately be reached by USA TODAY on Monday to say whether the new locations would be opened.
Why did Ames go out of business?
The company, run by former chairman and CEO Joseph R. Ettore, "started to bleed after Walmart and Target began setting up shop in its backyard in the 1990s," the Wall Street Journal previously reported.
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at [email protected] and follow her on X @nataliealund.
veryGood! (6934)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- NFL Week 7 picks straight up and against spread: Will Chiefs or 49ers win Super Bowl rematch?
- How Liam Payne's Love for Son Bear Inspired Him to Be Superhero for Kids With Cancer in Final Weeks
- How Liam Payne's Love for Son Bear Inspired Him to Be Superhero for Kids With Cancer in Final Weeks
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- NFL Week 7 picks straight up and against spread: Will Chiefs or 49ers win Super Bowl rematch?
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Double Negative
- Panel looking into Trump assassination attempt says Secret Service needs ‘fundamental reform’
- B.A. Parker is learning the banjo
- These Sweet Sabrina Carpenter and Barry Keoghan Pics Will Have You Begging Please Please Please for More
Ranking
- Nevada attorney general revives 2020 fake electors case
- Canceling your subscription is about to get a lot easier thanks to this new rule
- Colsen recalls nearly 90,000 tabletop fire pits after reports of serious burn injuries
- A father and son are both indicted on murder charges in a mass school shooting in Georgia
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Latest Dominion Energy Development Forecasts Raise Ire of Virginia Environmentalists
- Arkansas Supreme Court upholds wording of ballot measure that would revoke planned casino’s license
- Bachelor Nation’s Carly Waddell Engaged to Todd Allen Trassler
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Work in a Cold Office? These Items Will Keep You Warm
One Direction's Liam Payne May Have Been Unconscious When He Fatally Fell From Balcony
CVS Health CEO Lynch steps down as national chain struggles to right its path
US appeals court rejects Nasdaq’s diversity rules for company boards
U2's Sphere concert film is staggeringly lifelike. We talk to the Edge about its creation
South Carolina man gets life in prison in killing of Black transgender woman
Adult day centers offer multicultural hubs for older people of color