Sears
In 2018, Sears Holdings, which owns both Sears and Kmart, announced that it will close about 89 stores as of March 2019. They published a list of stores that they planned to shut down. It revealed that locations across the United States would be affected. Texas and Florida, however, felt the impact the most since 7 stores were closed in these two states.
Sears
Lowe’s
Lowe’s is a famous retailer of home and garden supplies. The company has shut down 51 stores already, and they were all underperforming. The closures happened in 2019. It shut down 20 stores in the US and 31 in Canada. The company announced these plans at the end of 2018 and planned to complete the store closures by February 1, 2020. The move to shut down stores happened when longtime CEO Robert Niblock retired and got replaced by former J.C. Penney CEO Marvin R. Ellison.
Lowe’s
