Charlotte Russe
Charlotte Russe announced the closure of the whole business in March 2019. Yes, it covers over 500 shops throughout the country. The firm previously announced the closing of 94 shops. The others were scheduled to shut on April 30, 2019. The business has already ceased online transactions, although goods may still be purchased during liquidation sales in particular areas.
Starbucks
Starbucks stated in the summer that it would permanently close 150 underperforming locations. This is three times the amount that it usually closes at the end of a fiscal year. However, the firm said that the closures would impact major cities with oversaturated marketplaces. The coffee chain branches are just competing with one another in such areas.