Chico’s
Chico’s FAS is the parent company of Chico’s. It recently confirmed that the women’s clothing retailer will be closing a total of 250 locations in the following three years. Not only will it affect the namesake line but also locations of two other brands under the company: Soma and White House Black Market. However, they have yet to confirm the exact locations that will be affected.
Lowe’s
The popular home and garden store has already shut down 51 of its underperforming stores this year. Of these, 20 were in the United States and 31 in Canada. In late 2018, Lowe’s announced its plans and a target date of February 1, 2019. They made this move not long after Marvin R. Ellison, former CEO of J.C. Penney, took over the company after the retirement of CEO Robert Niblock.