The Children’s Place
The Children’s place announced its plan to shut down 300 stores by 2020. Forbes said that the children’s retailer previously closed down 191 stores by the end of last year. However, it still has to close around a hundred underperforming locations more. The company also has intentions to boost its presence online in the hopes of increasing profits.
The Children’s Place
Performance Bicycle
IF you are a cyclist, we have had news for you. Performance Bicycle will soon be a thing of the past. The nation’s biggest bike retailer, with its 104 locations, will close down. Performance Bicycle scheduled the last closure on last March 2. Last fall, Advanced Sports Enterprises, its parent company, filed for Chapter 11 bankruptcy. Although the corporation hoped to keep at least half of the locations open with new leases, it decided that it would be better to simply shut down the brand entirely.
Performance Bicycle
