Charlotte Russe
Charlotte Russe officially announced its entire network’s closure last March, and it affected 500 locations across the United States. Charlotte Russe also announced its 94 stores’ closure earlier and had shut down everything before April 30. Charlotte Russe stopped accepting online sales, but some of its items could still be bought at liquidation sales in particular places.
Starbucks
Starbucks announced that it would close down 150 of its underperforming stores. It was based on the amount where they could earn in a fiscal year. The firm said that the stores would close in the metropolitan cities where the markets are oversaturated. It was because the coffee chain was competing with each other in different places.