GNC
In 1935, GNC hit the market and has since become the retailer of nutrition and diet products. It has been slimming down lately, however. It filed for bankruptcy and announced the closure of 800 to 1,200 stores. There are 7,300 GNC stores in operation right now. This includes 3,600 standalone stores in the United States, as well as 1,600 mini ones found in Rite Aid pharmacies. On the website, GNC said that it had been struggling in the past few years but continues to pay down its debt and compete with rivals.
Pier 1 Imports
It is disheartening to hear that Pier 1 Imports is no longer here. We had no choice but to bid adieu to its scented candles, papasan chairs, silk pillows, and more. The home furnishing retailer kicked off the year with an announcement that almost half of its stores would shut down. It declared bankruptcy and tried to look for a buyer. In the end, it had to close its doors for good. It is awful to hear that this happened to the company. It started out as a single location in San Mateo, California all the way back in 1962.