Time To Say Goodbye To Some Of These Stores That Are Downsizing

Published on 03/29/2020
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Barneys New York

Barneys is a luxury department store that filed for bankruptcy and shut down over 15 stores before 2019 came to a close. Like a lot of retailers, the company says that the profits took a big hit after foot traffic in malls went down. This is especially true for high-end products and brands. In the meantime, Barneys plans to keep its legendary New York locations in operation, but we do not know what the future has in store for this luxury store.

Barneys New York

Barneys New York

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Walmart

Walmart, the retail giant, planned to shut down at least 18 locations last year. Sadly, this meant that hundreds of people lost their jobs in the process. Of these stores, ten of them were neighborhood market stores. Two were located on college campuses, and the last 6 are full-sized locations.

Walmart

Walmart

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