The Children’s Place
It is upsetting to hear that The Children’s Place also has plans to shutter its locations in different parts of the world. In 2020, the company shared that it would close two hundred stores within the year and then a hundred more in 2021. Today has revealed that the children’s clothing chain has not shared which locations are going to get the ax. They are, however, going to primarily be “mall-based” ones.
The Children’s Place
J.C. Penney
Last year, J.C. Penney shared that it would close more stores in the spring of 2020. This happened after its declaration of bankruptcy and closure of over 150 stores the previous year. Last December, the department store company revealed that it would shutter 15 more locations before April 2021. “We also decided to close an additional 15 stores as part of our shop optimization plan, which started in June with our financial restructuring,” the company expounded. “These stores will launch liquidation sales later this month and close to the general public in mid to late March.”
J.C. Penney
