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

Published on 03/29/2020
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Guitar Center

In 2018, this provider of rock n’ roll instruments was given a year to pay a $900 million obligation. The organization has been around for more than 50 years now, yet it appears as though individuals don’t purchase the same number of guitars as they used to. CheatSheet announced that Guitar Center’s deals for electric guitars fell 36 percent from 2005 to 2016. This instrument retailer might be encountering some monetary issues, yet it, despite everything, intends to open new stores

Guitar Center

Guitar Center

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Nine West

The shoe retailer has an obligation worth $1.5 billion and is at present haggling to rebuild it. Bloomberg says this incorporates selling portions of the organization just as petitioning for Chapter 11 liquidation. In its endeavor to remain above water, the organization has auctioned off Easy Spirit, another brand it possesses.

Nine West

Nine West

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