Current:Home > MyIs Ames Department Stores coming back? Previous online speculation fell flat -WealthPro Academy
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-14 06:24:57
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! (84)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Integration of EIF Tokens with Education
- Stock market today: Asian shares mostly fall after Wall Street drop
- A federal judge declines to block Georgia’s shortened 4-week runoff election period
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Patrick Schwarzenegger, Aimee Lou Wood and More Stars Check in to White Lotus Season 3
- The Pacific Northwest braces for a new round of ice and freezing rain after deadly weekend storm
- Shooter who killed 5 people at Colorado LGBTQ+ club intends to plead guilty to federal hate crimes
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- The Baltimore Sun is returning to local ownership — with a buyer who has made his politics clear
Ranking
- The Super Bowl could end in a 'three
- Sean 'Diddy' Combs withdraws racism lawsuit against spirits brand Diageo
- Cuffed During Cuffing Season? Here Are The Best Valentine's Day Gifts For Those In A New Relationship
- Blake Lively Proves Sisterhood of the Traveling Pants Bond Lives on With America Ferrera Tribute
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Everything You Need to Upgrade Your Winter Skincare and Beauty Routine, According to Amazon Influencers
- Bills face more weather-related disruptions ahead AFC divisional playoff game vs. Chiefs
- Lindsay Lohan's Dad Michael Slams Disgusting Mean Girls Dig
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
RHOSLC's Meredith Marks Shares Her Theory on How Jen Shah Gave Heather Gay a Black Eye
Ukraine needs money from the US and Europe to keep its economy running. Will the aid come?
Biden administration asks Supreme Court to intervene in its dispute with Texas over border land
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Coroner identifies woman found dead near where small plane crashed in ocean south of San Francisco
An Ohio official was arrested for speaking at her own meeting. Her rights were violated, judge says
How do you handle a personal crisis at work? What managers should know. Ask HR