You should know that it is fairly common for companies to shut down. Yes, the biggest players in the market are not immune to this either. There are times when people are just not that interested in the products anymore. It is also common for their business to become obsolete with the rise of Internet services! At any rate, the stores on this list all decided to close shop and file for bankruptcy. Find out which stores closed their doors recently.
J. Crew
Michelle Obama is a fan of this clothing company. However, this has not prevented it from closing stores thanks to the plummeting sales of the past couple of years. On top of that, the company also had to shut down its bridal store and bid adieu to creative director Jenna Lyons and CEO Mickey Drexler. According to Drexler, the company was unable to handle the problems that arose after it raised prices.