Sears
Early this year, Sears Holdings, the company that owns both Kmart and its namesake stores, announced that it will close around 89 stores by March this year. The list of stores that were closed indicated that locations across the U.S. were affected. Florida and Texas seem to have felt most of the impact as 7 stores were shut down in both states.
Sears
Vera Bradley
Vera Bradley is reconsidering its business strategy, focusing on licensing instead of having actual, physical stores. The brand will sell its home merchandise through other retail chains like Macy’s and Bed Bath and Beyond. The company also plans to close as many as 50 of its 110 stores by 2021, when a lot of its leases are reported to expire. However, customers may still get the chance to visit a Vera Bradley store as the company’s factory outlets, 52 of them in fact, are still open.
Vera Bradley
