These Big Stores Are About To Shut Down This Year And Here’s Why

Published on 07/06/2021
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Wilsons Leather

Wilsons Leather, a company known for its leather belts, shoes, handbags, gloves, and, most notably, jackets, is expanding its offerings. Wilson Leather stores in the United States and Canada dwindled from over 700 locations in the early 2000s. As a result, G-III Apparel Group, the parent company, decided to close the last of them. In addition, G-III is closing 89 G.H. Bass shoe and apparel stores. DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld are the company’s “five global power brands,” according to the company.

Wilsons Leather

Wilsons Leather

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Olympia Sports

In 2020, the game was over for half of the Olympia Sports stores. This is a regional sporting goods retailer with locations in New England, New York, and the Eastern United States. JackRabbit, a retailer of sneakers, exercise equipment, and athletic apparel with locations across the United States, bought the company last year. Liquidation sales began in November 2019 and continued into the new year because the deal excluded 76 of Olympia Sports’ more than 150 locations.

Olympia Sports

Olympia Sports

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