Performance Bicycle
If you like riding, we have some terrible news for you. The country’s largest bike store has ceased operations. On March 2, the last of its 104 sites closed. Last autumn, Advanced Sports Enterprises filed for bankruptcy. Initially, it planned to preserve at least half of its sites by attempting to renegotiate leases. Unfortunately, it had no option but to collapse and shut the business.
Performance Bicycle
Lowe’s
Lowe’s is a well-known home and garden supply store. The firm has previously closed 51 shops, all of which were underperforming. The closures took place in 2019. It closed 20 shops in the United States and 31 in Canada. The business revealed these intentions towards the end of 2018 to have all stores closed by February 1, 2020. When longstanding CEO Robert Niblock resigned and was replaced by former J.C. Penney CEO Marvin R. Ellison, the decision to close shops was made.
Lowe’s
