These Are The Popular Stores That Are Closing Down This Decade
From Forever 21 to JC Penny, these are the most popular stores that might close this decade!
4. Sears
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Once a giant of retail, Sears has suffered from financial problems for almost a decade. With sales continuing to drop, the company is quickly running out of options. Despite its cuts to costs, asset sales, and store closures, Sears continues to barely tread water.
Unfortunately, the giant department store had no other choice but to file for bankruptcy in October 2018, closing 142 stores in the process. What’s more, in an attempt to avoid bankruptcy, CEO Eddie Lampert’s hedge found loaned hundreds of millions of dollars to Sears Holdings. Even though things aren’t looking too bright for Sears, they are still trying to keep afloat!
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