Current:Home > StocksIs Ames Department Stores coming back? Previous online speculation fell flat -WealthSync Hub
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-15 18:28:39
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! (432)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Romance scammers turn victims into money mules, creating a legal minefield for investigators
- Caleb Williams was 'so angry' backing up Spencer Rattler' at Oklahoma: 'I thought I beat him out'
- Alabama lawmakers advance expansion of ‘Don’t Say Gay’ and ban Pride flags at schools
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Umpire Hunter Wendelstedt won't apologize for ejecting Yankees' Aaron Boone: He 'had to go'
- Crew members injured in crash on Georgia set of Eddie Murphy Amazon MGM movie ‘The Pickup’
- Jason Kelce scorches Messi, MLS: 'Like Michael Jordan on a golf course.' Is he right?
- DoorDash steps up driver ID checks after traffic safety complaints
- Delta Burke recalls using crystal meth for weight loss while filming 'Filthy Rich'
Ranking
- Don't let hackers fool you with a 'scam
- Lakers, 76ers believe NBA officiating left them in 0-2 holes. But that's not how it works
- In 2 years since Russia's invasion, a U.S. program has resettled 187,000 Ukrainians with little controversy
- KC mom accused of decapitating 6-year-old son is competent to stand trial, judge rules
- Don't let hackers fool you with a 'scam
- Baltimore port to open deeper channel, enabling some ships to pass after bridge collapse
- Victoria Beckham’s New Collaboration with Mango Is as Posh as It Gets - Here Are the Best Pieces
- Jana Kramer Considering Another Baby With Fiancé Allan Russell 5 Months After Giving Birth
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Texas deputy dies after being hit by truck while helping during accident
How do I update my resume to help land that job? Ask HR
Photographer alleges he was forced to watch Megan Thee Stallion have sex and was unfairly fired
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Transgender Louisianans lost their ally in the governor’s seat. Now they’re girding for a fight
Kim Kardashian Reveals Truth About Eyebrow-Raising Internet Rumors
Crew members injured in crash on Georgia set of Eddie Murphy Amazon MGM movie ‘The Pickup’