The Children’s Place
The Children’s Place announced that they were planning to close 300 of their stores by 2020. Forbes stated that Children’s Place retailers had shut down 191 stores by the end of last year. Nevertheless, they still had a hundred more under-performing locations. The company tried to improve their market by selling their merchandise online in hopes of gaining profits.
The Children’s Place
Performance Bicycle
Cyclists should be aware that Performance Bicycle, the nation’s biggest bike retailer, had planned to close 104 of their locations. March 2 was their scheduled closure. Their parent company, Advanced Sports Enterprises, filed a Chapter 11 bankruptcy. The corporation had hoped to maintain at least half of the locations open, but it was further decided that it would be better to simply shut down the entire brand.
Performance Bicycle