Closing stores by 40% and still losing $140 million—America’s Car-Mart is really struggling to hold on this time, and the winter in physical auto retail doesn’t seem to be over yet.

Crypto news flash: America’s Car-Mart, a major U.S. auto retailer, announced that it closed 60 stores over the past year. The number of outlets fell from 154 to 94, a decrease of 40%. In its Q4 and full-year financial results for fiscal year 2026, the company reported revenue of $1.28B, down 7.9% year over year. At the same time, net loss reached $139.11 million, a sharp decline from a net profit of $17.93 million in the same period last year. The company’s CEO, Doug Campbell, said that, amid liquidity constraints and financing difficulties, the company is implementing a multi-stage plan to optimize store layout and cost structure.