Destination Maternity
Destination Maternity Corp. plans to focus less on its retail presence to revitalize the company and boost e-commerce sales. About 42 to 67 stores would be affected by the store closures rolling out within the year. They did this in the hopes of reducing store expenses and expanding their online presence. According to USA Today, the company is also planning to open smaller locations “with reduced square footage to drive higher productivity.”
Destination Maternity
Foot Locker
In March 2019, Foot Locker Inc. announced that it would shut down 167 stores. It planned to invest more and pour in millions of bucks in the remaining locations. This move was made to improve profit margins. The shareholders of the retailer were surprised that it did well during Q4 of 2018.
Foot Locker
