Chico’s
Chico’s FAS is the parent company of Chico’s. Recently, it confirmed that the women’s clothing retailer will be shutting down a total of 250 locations in the next three years. Aside from affecting its namesake, this will also affect the two older brands under the company: Soma and White House Black Market. However, they haven’t yet confirmed which locations will be affected.
Chico’s
Kohl’s
Kohl’s is set to close four stores based in or near malls by the end of this year. The company is only doing this to prevent itself from going through the same pitfalls that other mall-centered companies did. The retailer has said the shops closing are its “lower-performing” stores. It also reassured everyone from those locations would be offered severance packages or jobs at other stores. If anything, it’s quite a relief to hear that the closures were a preventative measure rather than an urgent decision.
Kohl’s
