Beauty Brands
Late last year, Beauty Brands let everyone know that it plans to close 25 of its stores. The company did not only lay off corporate staff members but also filed for bankruptcy last January. During the filing, the brand noted that it suffered from the higher costs of being “a predominantly brick and mortar retailer.”
Beauty Brands
Things Remembered
Even though Things Remembered filed for bankruptcy last February, it found a buyer willing to save the remaining locations in the country. Enesco LLC bought 176 stores from this retailer, which is best known for selling personalized and engraved products. However, this development will turn the company into a smaller version of its former self. During the bankruptcy, the retailer boasted of 450 locations. As you can see, more than 250 stores will be shuttered.
Things Remembered
