43. HomeGoods

How Many Stores Closing: 1

Current Value of the Business: $99.95 billion* (TJX)

The closure of a HomeGoods branch in Virginia represents more than a minor local inconvenience; it signifies a substantial loss for the community. Owned by the same corporation as TJMaxx, this event emphasizes the impact of retail changes on local dynamics.

Ashburn, Virginia, felt a void when its HomeGoods store closed, a development revealed as the lease resurfaced on the market. However, hope was restored with the inauguration of a new HomeGoods store in nearby Leesburg, breath a sigh of relief for loyal shoppers.