Large Corporations Are Shutting Down Their Stores Throughout The Country

Published on 07/08/2021
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Sears

Sears, which Transformco runs, has seen a significant drop in revenues after declaring bankruptcy in 2018 and closing the majority of its shops over the preceding two years. According to CNN, the struggling company is going through a “slow-motion liquidation.” It would continue shutting shops where feasible over the next year and selling certain properties with commercial real estate brokers.

Sears

Sears

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The Disney Store

On March 3, Disney announced that about 60 of its North American Disney Stores would shut by the end of 2021. Instead, E-commerce, social networking, and theme park retail initiatives will be emphasized, according to the group. As of 2016, the company has 330 locations globally, including 200 in North America.

The Disney Store

The Disney Store

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