It seems every few days a retail store is either filing for bankruptcy or going out of business for good. Another store has just announced that it will be closing hundreds of its stores because of the decline in sales due to the coronavirus pandemic.
The latest store to file for bankruptcy and going out of business is Pier 1 Imports. This seems to be the trend because of a variety of factors including the coronavirus pandemic.
With more and more people doing their retail shopping online, many of the brick and mortar stores are closing their doors. Here are a few that will be closing in 2019.
When we found out that this kid's clothing store chain filed Chapter 11, there was talk that the company would do whatever they could to restructure so they would remain open. Well it was announced that they will be closing several of the stores in the Capital Region.