 The company says this year they expect to open three stores but close 35 to 40. Their CEO says the company had a net loss of $205 million in the last quarter due to a continued pullback in consumer spending, particularly on high-ticket discretional items. WHIO's Jason Michaels, there's more than a dozen such stores here in the Miami Valley. President Biden holding a key news conference later today during the NATO summit in Washington, D.C.,