Large Corporations Are Shutting Down Their Stores Throughout The Country

Men’s Wearhouse

Last summer, Tailored Brands, the parent company of Men’s Wearhouse and Jos. A. Bank announced that it had chosen almost 500 stories for closure “over time.” The COVID-19 epidemic hit men’s apparel retailers hard as customers relocated to distant employment with reduced demand for formalwear. Nonetheless, the company is gradually rebounding after declaring bankruptcy in August and entering the last stages of Chapter 11 procedures in November.

Men’s Wearhouse

Chico’s

Chico’s is adhering to its previously announced plan to shut 250 stores over the next three years, beginning in 2019. The women’s clothing shop is trying to shift its focus to online sales and operations, among many others.

Chico’s