These Stores Are Ending Their Empire Soon, Find Out Why

Published on 07/17/2021
ADVERTISEMENT

Destination Maternity

Destination Maternity Corp concentrated on e-commerce to increase their sales and to survive their business. Unfortunately, the corp also suffered from shutting down some of their stores. There were 42 to 67 locations that they closed in a year. They had decided to close those stores to save money. In the USA Today, Destination Maternity Corp would try to make small stores “with reduced square footage to boost productivity.”

Destination Maternity

Destination Maternity

ADVERTISEMENT

Foot Locker

Foot Locker told the public that they would close down 167 of its stores in 2019 March. It thought that they could add their investment to other sites. Foot Locker hoped that their decision would increase their profit. Fortunately, The stockholders were amazed at the performance that Foot Locker had made in 2018.

Foot Locker

Foot Locker

ADVERTISEMENT