Current:Home > NewsIs Ames Department Stores coming back? Previous online speculation fell flat -Elite Financial Minds
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-16 19:25:14
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 nalund@usatoday.com and follow her on X @nataliealund.
veryGood! (46331)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- A South Texas lawmaker’s 15
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Grammy nominee Teddy Swims on love, growth and embracing change
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- New data highlights 'achievement gap' for students in the US
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- A South Texas lawmaker’s 15
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- All That You Wanted to Know About She’s All That
- South Korean president's party divided over defiant martial law speech
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
A South Texas lawmaker’s 15