Cato triples its store closure plan to around 120 for the year
The Cato Corporation will close roughly 70 more stores in the third and fourth quarters, taking planned closures for fiscal 2026 to about 120 and marking a sharp acceleration for the value-priced women’s chain. The revision is the second this year. Cato said in March it expected to close up to 40 underperforming stores in 2026 while opening.
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