Current:Home > MyFastexy Exchange|Is Ames Department Stores coming back? Previous online speculation fell flat -FutureFinance
Fastexy Exchange|Is Ames Department Stores coming back? Previous online speculation fell flat
Surpassing View
Date:2025-04-06 16:55:31
Decades after closing down hundreds of stores,Fastexy Exchange 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! (95)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Hawaii’s teacher shortage is finally improving. Will it last?
- Mike Tirico left ESPN, MNF 8 years ago. Paris Olympics showed he made right call.
- Two men were shot to death before a concert at a raceway in Iowa
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- USA vs. France basketball highlights: American women win 8th straight Olympic gold
- 'It Ends With Us' drama explained: What's going on between Blake Lively and Justin Baldoni?
- Blink Fitness, an affordable gym operator owned by Equinox, files for Chapter 11 bankruptcy
- 'We're reborn!' Gazans express joy at returning home to north
- Ferguson officer 'fighting for his life' after Michael Brown protest, police chief says
Ranking
- The Super Bowl could end in a 'three
- Samsung recalls a million stoves after humans, pets accidentally activate them
- Pacific Northwest tribes are battered by climate change but fight to get money meant to help them
- A'ja Wilson had NSFW answer to describe Kahleah Copper's performance in gold medal game
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Jordan Chiles Stripped of Bronze Medal in 2024 Olympics Floor Exercise
- US surgeon general was warned by his mom to avoid politics, but he jumped into the fray anyway
- Miley Cyrus Breaks Down in Tears While Being Honored at Disney Legends Ceremony
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Debby’s aftermath leaves thousands in the dark; threatens more flooding in the Carolinas
Christina Hall Shares Update on Her Kids Amid Josh Hall Divorce
Brittney Griner’s tears during national anthem show how much this Olympic gold medal means
$73.5M beach replenishment project starts in January at Jersey Shore
UNC women's soccer coach Anson Dorrance, who won 21 NCAA titles, retires
Simone Biles Has THIS Special Role at 2024 Paris Olympics Closing Ceremony
Diana Taurasi has 6 Olympic golds. Will she be at LA2028? Yep, having a beer with Sue Bird