Payless
Payless ShoeSource has reported the most store closures of any firm this year. To get rid of the company’s inventory and liquidate the corporation, about 2,500 stores will be closed and clearance sales will be held. Some firms will remain open until May, while others will close at the end of March.
Payless
Gymboree
Gymboree Group Inc., a children’s clothing store, filed for bankruptcy protection in mid-January. Gymboree and Crazy 8 outlets in the United States and Canada, totaling roughly 800 stores in both countries, were also due to close. It has also ceased taking online orders and begun offering in-person liquidation deals. Gymboree has declared bankruptcy for the second time in the last two years. Several of the company’s outlets were shuttered just a year ago.
Gymboree