These Stores Are Shutting Down Because Of This Reason

Published on 08/05/2022
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Kmart

Kmart was just revealed to be closing by Transformco, the parent company of Sears. The company has closed 48 outlets so far and intends to close more in the coming year when the commercial real estate market rebounds.

Kmart

Kmart

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H&M

After shuttering 180 stores in 2020, the firm plans to shut down 250 more in 2021. There were various elements at play, including the spread of the coronavirus and the rise in popularity of internet shopping. Following the outbreak, an increasing number of customers began shopping at H&M online, indicating that they want a secure and powerful culture in which stores and online interact and support one another. Helena Helmersson, the CEO of H&M, stated on “Good Morning America” that

H&M

H&M

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