Chico’s
Once a popular women’s clothing retailer, Chico’s announced in March 2019 that it planned to shut down 100 Chico’s, 60 Soma, and 90 White House Black Market locations across the country. This plan will be carried out in the next 3 years. Even though a lot of stores closed, it realized that the best course of action was to take e-commerce seriously. It is now possible to buy Chico’s items from Amazon.
Chico’s
Lowe’s
Lowe’s is a home improvement company that shut down 51 stores across Canada and the United States in 2019. This means that the retailer will still have 2,000 stores in operation, but it is now downsizing. The company said that the closures are necessary since some of them were too close to each other that they are essentially competing with each other. The 51 store closures left thousands of people jobless.
Lowe’s
