MUJI
MUJI is a Japanese retail company that sells a huge variety of household and consumer goods. They forced opened in America back in 2007, and over the years they opened a few more stores across America. However, in July 2020, Muji USA filed for bankruptcy, saying the reason for their closures was due to the COVID-19 pandemic.
MUJI
Fossil
Fossil is an American fashion designer and manufacturer that was founded in 1984. Despite being highly successful in the 37 years of business, at the end of 2020, Fossil reported a massive annual loss, specifically in its fourth quarter, and said it lost nearly $96 million. Even though they went through some hardships, the company still has 364 across America. Regardless of many of its sales being done online, they don’t have any intentions to permanently shut all their stores.
Fossil
