Current:Home > FinanceIs Ames Department Stores coming back? Previous online speculation fell flat -CapitalSource
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-24 22:43:58
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! (842)
Related
- Federal hiring is about to get the Trump treatment
- 2 children dead, 1 hospitalized after falling into pool at San Jose day care: Police
- Chipotle sued after Kansas manager accused of ripping off employee's hijab
- Jacksonville Sheriff's Office says use of force justified in Le’Keian Woods arrest: Officers 'acted appropriately'
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Parents will stand trial in 2021 Michigan school shooting that killed 4 students
- Judge affirms Arizona can no longer exclude gender-affirming care from state health plans
- New Mexico’s governor tests positive for COVID-19, reportedly for the 3rd time in 13 months
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- House Republican duo calls for fraud probe into federal anti-poverty program
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Court reviews gun-carry restrictions under health order in New Mexico, as states explore options
- Suspect in Charlotte Sena kidnapping identified through fingerprint on ransom note
- NBA Star Jimmy Butler Debuts Emo Look in Must-See Hair Transformation
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Hunter Biden returns to court in Delaware and is expected to plead not guilty to gun charges
- Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried
- Department of Defense official charged with running dogfighting ring
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Student debt, SNAP, daycare, Medicare changes can make October pivotal for your finances.
Shoppers flee major shopping mall in Bangkok after hearing reports of gunshots
RHOSLC Preview: Angie Is Shocked to Learn About Meredith's the Husband Rant
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Jennifer Lopez Ditches Her Signature Nude Lip for an Unexpected Color
Judge says freestanding birth centers in Alabama can remain open, despite ‘de facto ban’
Giants' season is already spiraling out of control after latest embarrassment in prime time