If you know anything about the business world, we are sure that you know that companies come and go. Some are put out of business because their products are no longer necessary. Meanwhile, the rise of e-commerce has put certain companies at risk. The world of business changes with the times as well. Keep reading to find out which stores might no longer be here after this year.
J. Crew
Michelle Obama is particularly fond of this brand, but this has not helped its sales from plunging in the past several years. On top of this, the company closed down its bridal store. Not only that, but creative director Jenna Lyons and CEO Millard “Mickey” Drexler had to cut ties with it. According to Drexler, the company started having problems when it raised prices.