Category: CLOSINGS

Abercrombie & Fitch to close 3 more flagship stores

According to this FOX Business report Abercrombie & Fitch is closing three more flagship stores after reporting terrible first quarter earnings.

Abercrombie & Fitch Co. shares fell Wednesday after the retailer released first-quarter earnings that showed slow sales and more flagship store closings. This is the latest sign of retailers struggling Opens a New Window. to stay competitive.

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LifeWay Christian to shutter all 170 stores

LifeWay

The retail closings keep piling up. According to a recent blog post on their website, LifeWay Christian will be closing all 170 brick and mortar stores in 2019.

LifeWay Christian Resources is charting a new course in 2019 marking a strategic shift of resources to a dynamic digital strategy. As part of the transition, LifeWay will close its 170 brick-and-mortar stores in 2019.

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More than 680 stores close today as the retail apocalypse rips through Tesla, JCPenney, Gap, and Victoria’s Secret

retail apocalypse

Another historic day in the retail apocalypse. According to multiple Business Insider reports, more than 680 stores closed today. Leading the pack was Tesla closing 378 stores, Gap 230 stores, Victoria’s Secret 54 stores, and JCPenney 27 stores.

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