Bose
Bose, the famous speaker, and headphone company are now closing all 119 of its outposts in North America, Europe, Japan, and Australia. The store had its first opening in 1993 where costumers were able to test the products. Then and now, the head of the company has been focused on what costumers want, and today they are closing around 50 stores in the next several months.
Kmart
In 1962, the home of the Blue Light Special had its first opening under the name Kmart. They had nearly 2,500 chains around the world, but in 2002 filed for bankruptcy closing many of those chains. The two years following, Kmart merged with Sears and things started to go downhill. In 2019, many stores shut down and by 2020, 50 stores will close. Now, there are nearly 182 Sears and Kmart stores around, but the company that owns the chain says that business has faced many challenges to there establishment.