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Rogers-Based America's Car-Mart Closing 42 Dealerships over Next Week
The closures affect 30% of the company’s 136 dealerships as Car-Mart seeks financing and cuts costs after a $76.7 million quarterly loss.
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10 Articles
10 Articles
America's Car-Mart to Shut Down 42 Stores, Reduce Staff
America’s Car-Mart Inc. announced plans to close 42 dealerships over the next week as the company faces ongoing market challenges, according to a filing Tuesday with the U.S. Securities and Exchange Commission.The company, based out of Rogers, did not specify which locations will be affected. By April 14, Car-Mart expects to operate 94 dealerships across 12 states, down from its current total of 136. In a letter to shareholders, employees and cu…
Coverage Details
Total News Sources10
Leaning Left0Leaning Right0Center10Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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