Kmart
Kmart, which is owned by the same company like Sears, Transformco, is also closing its doors. The chain’s overall store count has been reduced to just 48 locations, with more closures expected in the coming year as the commercial real estate sector recovers.
Kmart
H&M
H&M plans to close another 250 stores in 2021, following the closure of 180 stores in 2020. The retailer’s decision was primarily influenced by the coronavirus outbreak and the growing trend of online shopping. Helena Helmersson, CEO of H&M, said on Good Morning America, “More and more shoppers began shopping online after the pandemic, and they are making it evident that they enjoy a comfortable and empowering environment in which shops and online connect and reinforce each other.”
H&M
