GOODWILL has confirmed that it will close down another store very soon.
Shoppers can enjoy massive clearance sales up to 50% off before the store shuts, but it’s only happening for a few more days.
Goodwill has confirmed that it will close down another store very soon[/caption]
The Goodwill Store & Donation Center, located off Austin Peay Highway in Memphis, will be closing in a matter of weeks.
The store will be closing on August 2.
The closure was announced by Memphis Goodwill Inc. on Tuesday, adding that a storewide sale is now underway.
Shoppers can currently get 50% in the clearance, but only for the next week and a half, lasting until July 26.
A statement from Memphis Goodwill Inc. said: “Dear valued donors & shoppers.
“It is with heartfelt gratitude that we thank you for your years of patronage at our Austin Peay Store and Donation Center.
“Your generosity has truly changed lives in our community. As we prepare to close this location on August 2nd, please enjoy 50% off storewide, now thru July 26th.
“This discount excludes New Goods.
“Please consider visiting our Millington and Stage locations for your future needs.”
MORE GOODWILL CLOSURES
Goodwill also recently closed locations in California, including in Oakland and San Francisco.
As a result, at least 90 employees have been impacted by the closures from Goodwill of the San Francisco Bay (GSFB) in the state.
The Oakland location was found at 1301 30th Avenue.
The stores closed on June 7, and resulted in 72 employees losing their jobs.
The 750 Post Street Training and Career Center in San Francisco impacted a further 18 people.
All were offered opportunities to apply for roles at other Goodwill stores.
US braces for ‘45,000 store closures’
Some 45,000 bricks-and-mortar stores could close in the next five years, experts have warned.
Several major retailers have announced store closures or gone out of business altogether in recent years.
In 2023, chains such as Foot Locker announced plans to close up to 400 outlets by 2026.
While, other well-known retailers like Tuesday Morning and Mitchell Gold + Bob Williams filed for bankruptcy in 2023.
Bed Bath & Beyond has closed all of its brick-and-mortar stores and is now an online-only retailer.
The most affected retailers have been clothing, consumer electronics, sporting goods, hobby, book, music, and home furnishing stores since the start of 2019.
UBS has predicted the total number of retail stores will drop by 45k from 958k to 913k.
Despite that, the report says that certain stores should thrive while others decline.
It said retailers such as Walmart, Costco, Home Depot, and Target, could be among the winners.
A spokesperson for Goodwill told The US Sun in April: “As Goodwill of the San Fransisco Bay looks ahead, we have made some adjustments to our existing footprint and structure to better position the organization for future growth plans in the coming years.
“GSFB is actively working to secure and open new future locations that will reflect larger, more efficient operational spaces, and an enhanced shopping and donating experience for our community.”
At least 13 Goodwill stores have closed in California this year, according to KRON-TV.
In its statement to The US Sun, Goodwill cited financial and logistical struggles as some of the reasons behind the closures.
Rodney Scearce, another Goodwill spokesperson, said: “While never an easy decision, became necessary to close a few store locations due to their size and operational limitations where store revenues were not enough to cover operational and personnel costs.”
But Scearce did note that Goodwill is sticking by its plans to open more stores in the Bay Area despite the closures.
The Goodwill Store & Donation Center, located off Austin Peay Highway in Memphis, will be closing in a matter of weeks[/caption]
