Performance Bicycle
If you’re a biker, you could be disappointed. The country’s largest bike retailer has closed its doors. All 104 of the company’s locations were closed at the end of the week on March 2. The sports business was stunned when Advanced Sports Enterprises filed for bankruptcy in October of last year. Renegotiating leases were initially intended to save half of the company’s locations. As a result, the company had no choice but to fold and shut down.
Performance Bicycle
Lowe’s
Lowe’s is a well-known home and garden supply shop. The corporation has already closed 51 locations that were not profitable. In 2019, the businesses were closed. It closed 20 locations in the United States and 31 in Canada. The corporation made these plans public at the end of 2018, with a deadline for all shops of February 1, 2020. Former J.C. When former J.C. After Robert Niblock stepped down as CEO, Marvin R. Ellison took over as CEO, and the corporation had to make the painful decision to close outlets.
Lowe’s