Company co-founder hopes furniture maker/retailer can be revived
But malls continue to lose ground to such rivals as single-tenant properties
Though shutting five struggling stores, German grocery chain also continuing to open new American outlets
Specialty retailer shuttering 80-100 additional locales this year
The company expects to save up to $40 million through store closings
Organic grocery locales will become traditional stores.
Organic grocery locales will become traditional stores
Restructuring move will leave it with 72 locales
Aussie retailer cites “safety and well-being” of customers and staff
Co-op cites escalating crime, landlord dispute for store closure