It Is Time To Say Goodbye To The Stores Of The Following Big Businesses

Published on 06/09/2021
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Performance Bicycle

Any cycling enthusiast will already know this. Performance Bicycle, which was once the most popular bike retailer in the United States, has since ceased operations. It had 104 locations, but they were all shut down by March 2, 2019. The parent company filed for bankruptcy the fall before that. It initially hoped that it could keep half of the stores through lease negotiation, but it fell through in the end.

Performance Bicycle

Performance Bicycle

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Lowe’s

This is the place you go to when you are in need of gardening and home supplies. In 2019, the company closed 51 underperforming stores. Of those, 20 locations had been based in the United States. The rest were in Canada. These plans were revealed in an announcement toward the end of 2018, revealing that the store closures should be completed by February 2020. This happened after Robert Niblock quit his post as the long-term CEO and was replaced by Marvin R. Ellison who used to head J.C. Penney.

Lowe’s

Lowe’s

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