Current:Home > InvestIs Ames Department Stores coming back? Previous online speculation fell flat -Mastery Money Tools
Is Ames Department Stores coming back? Previous online speculation fell flat
View
Date:2025-04-14 15:36:38
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! (3455)
Related
- Don't let hackers fool you with a 'scam
- Is there a winner of the $977M Mega Millions jackpot? Numbers have been drawn and it’s time to wait
- King Charles III Shares Support for Kate Middleton Amid Their Respective Cancer Diagnoses
- Metal detectorist looking for World War II relics instead finds medieval papal artifact
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Fill up your gas tank and prepare to wait. Some tips to prepare for April’s total solar eclipse
- With all the recent headlines about panels and tires falling off planes, is flying safe?
- California work safety board approves indoor heat rules, but another state agency raises objections
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Missouri GOP sues to remove candidate with ties to KKK from Republican ballot
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Heavy-smoking West Virginia becomes the 12th state to ban lighting up in cars with kids present
- This Garment Steamer Is Like a Magic Wand for Your Wardrobe and It’s Only $23 During the Amazon Big Sale
- Metal detectorist looking for World War II relics instead finds medieval papal artifact
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- North Carolina’s highest court won’t revive challenge to remove Civil War governor’s monument
- Kate Middleton Receives Well-Wishes From Olivia Munn and More After Sharing Cancer Diagnosis
- We Found the 24 Best Travel Deals From Amazon's Big Spring Sale 2024: 57% off Luggage & More
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Millie Bobby Brown's 'Stranger Things' co-star will officiate her wedding
Heavy-smoking West Virginia becomes the 12th state to ban lighting up in cars with kids present
Princess Kate diagnosed with cancer; King Charles III, Harry and Meghan react: Live updates
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Lawmakers who passed a bill to lure nuclear energy to Kentucky say coal is still king
Chicago voters reject ‘mansion tax’ to fund homeless services during Illinois primary
Midwest commuters face heavy snow starting Friday as New England braces for winter storm