J. Crew
It seems like J. Crew simply cannot stay out of the headlines in the past few months. After the company lost its CEO last year, the brand decided to kick off 2019 by shuttering six stores. These closures came as a part of its ongoing plan to close down 30 stores, a move the company already announced the previous summer. However, it has not revealed the exact number of closures it has in mind.
J. Crew
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This retail company, which offers discount products, has found itself in a very difficult situation because of the competition from other companies such as Dollar Tree, Walmart, and Dollar General. It even reported a net loss of $27.1 million in December 2017. This 35-year-old company has tried to turn the tide, but to no avail.
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