Hallmark
In January 2020, Hallmark declared that over the course of the next 2 years or so, they would be closing down roughly 16 of its stores across the USA. A Hallmark store owner said, “It’s just not a viable business any longer, “People used to buy and send cards all the time. But things are all online now. Everyone celebrates their birthdays on social media.” The greeting card company was first established in 1910 and had over 30 000 employees across the country over the course of 111 years. The question is, will they be forced to close permanently?
Hallmark
Nordstrom
Nordstrom, Inc. is an American luxury department store chain that was founded in 1901. Since then it has grown into one of the most popular retailers in the USA. Due to the recent global pandemic, Nordstrom released a statement saying they would be permanently closing around 16 of their stores due to the decrease in sales. According to a press release, the closures are all part of its long-term plan to “strengthen its business.” But do not worry, Nordstrom will still have around 450 locations remaining.
Nordstrom
