Destination Maternity
DMC intends to reduce its physical presence in order to rejuvenate the firm and increase online sales. As a result of the store closures, 42 to 67 retail outlets will close their doors throughout the course of the year. They accomplished this to cut costs at the store while simultaneously increasing their internet presence. According to USA Today, the corporation wants to construct smaller stores with less square footage to achieve more efficiency.
Destination Maternity
Foot Locker
In March 2019, Foot Locker Inc. announced the closing of 167 sites. It intends to invest millions of dollars in the remaining locations, with plans to spend substantially more. This decision was made in order to improve the company’s bottom line. The retailer’s fourth-quarter earnings surprised its stockholders.
Foot Locker