These Power Stores Will Be Closing in 2020

Published on 03/16/2020
ADVERTISEMENT

Abercrombie & Fitch

February saw over 40 of Abercrombie & Fitch’s stores closing its doors, an addition to the 29 that were closed in 2018. Based on reports about the store’s operation, they noted the results are poor, and the closure of those stores is a way of investing to make the remaining outlets functional. A report from Business Insider Magazine said the Company’s spokesperson spoke about its interest in reducing square footage spacing while offering greater products and services to customers.

Abercrombie And Fitch

Abercrombie And Fitch

ADVERTISEMENT

Christopher & Banks

Christopher & Banks is a popular womenswear retailer who issued a release in 2018 that they will be closing up to 40 of their stores by the end of 2020. They noted it is not as a result of poor sales but other issues as they have recorded an increase in sales over the period. Its online presence as grown tremendously and is one of the reasons many people believe they are closing their physical stores.

Christopher And Banks

Christopher And Banks

ADVERTISEMENT