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U-Haul of Mount Branson Closes Retail Showroom, Other Services

1. U-Haul facility in Branson closed, converting to remote self-storage. 2. Six team members were let go due to service closure. 3. Self-storage services remain available; rental services moved to nearby location. 4. Local closures may result from demographic shifts and strategic plans. 5. U-Haul celebrates 80th anniversary in 2025 with extensive service network.

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FAQ

Why Neutral?

The closure and transitions show strategic adjustments, typically not significant enough to impact stock price dramatically. Historical closures have often been part of broader strategic planning rather than financial distress.

How important is it?

The article discusses operational changes, which are relevant but not immediately impactful financially. The ongoing operational strategy and growth focus generally suggest stability.

Why No Impact?

This closure is a localized adjustment; no immediate financial implications on UHAL. Similar past events have led to minimal long-term effects.

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- BRANSON, Mo.--(BUSINESS WIRE)--The U-Haul® facility at 889 State Hwy. 76 has closed most services and converted to a remote self-storage site. The transition was completed on May 13.The U-Haul® facility at 889 State Hwy. 76 has closed most services and converted to a remote self-storage site.Share As a result of the closed services at U-Haul Moving & Storage of Mount Branson, six Team Members were let go. U-Haul of Mount Branson continues to offer self-storage service. No action is needed by current storage customers. The store’s retail showroom is no longer operating and moving equipment rentals are no longer available. The Mount Branson site will be run by parent store U-Haul Moving & Storage of Branson at 1487 State Hwy. 248, just four miles away. Customers can find an expanded lineup of U-Haul services at the State Highway 248 store, including truck and trailer rentals, professional hitch installation and towing accessories, moving supplies and boxes, and more. Local U-Haul Companies are always exploring opportunities for growth as they pursue means to better serve the needs of customers, but sometimes find it necessary to close or relocate stores, shops, offices and services. Reasons for closures can include: long-term strategic plans; safety and security concerns; physical site conditions and limitations; shifts in demographics; availability of local Team Members; trends in migration; expansion of the U-Haul neighborhood dealer network; proximity to other new or existing Company locations; and external factors. About U-HAUL Celebrating our 80th anniversary in 2025, U-Haul is the No. 1 choice of do-it-yourself movers with more than 23,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 193,100 trucks, 138,700 trailers and 40,200 towing devices. U-Haul is the third largest self-storage operator in North America with 1,037,000 rentable units and 89.6 million square feet of self-storage space at Company-owned and -managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play. More News From U-Haul Holding Company

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