Tough Times: Retail Stores We Will Say Good-Bye To In 2020

Published on 03/29/2020
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Ascena Retail

Ascena Retail is the parent organization of various womenswear brands. A portion of its auxiliaries is Ann Taylor, Dress Barn, Lane Bryant, and Loft. Lamentably, it has encountered a decrease in deals in recent years. With an end goal to balance this misfortune, the organization is wanting to close several stores over its brands. About 667 stores will be shutting, 400 of which will shut somewhere near July.

Ascena Retail

Ascena Retail

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Southeastern Grocers

No, even general stores are not insusceptible to low sales. Southeastern Grocers, the parent organization of Winn-Dixie, Harveys, and Bi-Lo, reported its aim to screen 22 stores before March 25. It settled on this choice, not exactly a year after it originated from Chapter 11 liquidation, which previously prompted 94 terminations. Of the three auxiliary brands, Bi-Lo will endure the most with 13 stores due to the end.

Southeastern Grocers

Southeastern Grocers

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