These Stores Are Shutting Down Because Of This Reason

Published on 08/05/2022
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Bon-Ton

Bon-Ton, the online retailer and department store, has been in operation for a century. It filed for bankruptcy a year ago, and as a result, all of its stores were shuttered. For the first time since the closure, it reopened in 2018 for e-commerce and a few retailers. For starters, they had a lot of success since they specialized in a small market with little competition. Of course, Amazon changed its mind.

Bon-Ton

Bon-Ton

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Claire’s

Since its inception in 1961, Claire’s has been selling accessories. For a long period, it was the favorite store of many young American females. In 2018, the company postponed its IPO and filed for Chapter 11 bankruptcy protection. It closed more than 130 outlets around the country in May of that year.

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Claire’s

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