The Children’s Place
By 2020, the Children’s Place initially planned to shutter 300 stores that were not performing very well. Forbes said that the children’s goods retailer already shut down 191 stores before the end of 2018 and still had plans to close more than 100 stores. The company is planning to invest a lot to boost its online presence in the hopes of increasing its profits.
The Children’s Place
Performance Bicycle
If you are a cycling enthusiast, we have bad news for you. The biggest bike retailer in the country has shut down its operations. The last of its 104 locations shut down on March 2. Advanced Sports Enterprises applied for bankruptcy last fall. In the beginning, it hoped to save at least half of its locations by trying to renegotiate the leases. Sadly, it had no choice but to fold and close the company.
Performance Bicycle
