Current:Home > ScamsIs Ames Department Stores coming back? Previous online speculation fell flat -TradeCircle
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-15 04:35:14
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 [email protected] and follow her on X @nataliealund.
veryGood! (281)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Federal Reserve’s favored inflation gauge shows price pressures easing as rate cuts near
- Stock market today: Wall Street rises as inflation report confirms price increases are cooling
- Murder conviction remains reinstated for Adnan Syed in ‘Serial’ case as court orders new hearing
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Feds: U.S. student was extremist who practiced bomb-making skills in dorm
- 'DWTS' pro dancer Artem Chigvintsev arrested on domestic violence charge
- NHL Star Johnny Gaudreau, 31, and His Brother Matthew, 29, Dead After Biking Accident
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Dozens arrested in bust targeting 'largest known pharmacy burglary ring' in DEA history
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Korban Best, known for his dancing, sprints to silver in Paralympic debut
- Tallulah Willis Shares Insight Into Her Mental Health Journey Amid New Venture
- GOP nominee for governor in North Carolina has a history of inflammatory words. It could cost Trump
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Neighbor held in disappearance of couple from California nudist resort. Both believed to be dead
- ‘Dancing With the Stars’ pro Artem Chigvintsev arrested on domestic violence charge in California
- Alexei Popyrin knocks out defending champ Novak Djokovic in US Open third round
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Man pleads guilty to killing Baltimore tech entrepreneur in attack that shocked the city
Trump film ‘The Apprentice’ finds distributor, will open before election
The haunting true story behind Netflix's possession movie 'The Deliverance'
Travis Hunter, the 2
As first execution in a decade nears, South Carolina prison director says 3 methods ready
Takeaways from AP report on perils of heatstroke for runners in a warming world
Here's why pickles are better for your health than you might think