Kohl’s
Kohl’s is due to close four stores that are based in or near malls through 2019. The company is doing this to prevent itself from suffering the same pitfalls that other mall-centered companies did. The retailer described the shops to be its “lower performing” stores. It also assured everyone that employees from those locations were offered severance packages or jobs at other stores. If anything, it is a relief to hear that the closures were made as a preventive measure instead of an urgent decision. The brand is planning to retain the overall store count by opening four smaller locations.
Kohl’s
Family Dollar
Unfortunately, Family Dollar is yet another company that may no longer be around in the future. The discount retailer has announced that it will be closing down as many as 390 stores this year. This means consumers will have to look for other places to buy their cheap personal care products and similar essentials. This company also changed the name of around 200 locations. That is not the only change they are making to these remaining branches, however. They will likely try out charging over a dollar in some of them.
Family Dollar
