Sears
Sears
Sears Holding is the owner of both Kmart and the store. It announced that it’ll shut down about 89 locations by the end of March. The whole list of stores that are closing shows that it will happen across the country, while the states that are impacted the most happen to be Florida and Texas. In each of those states, 7 locations will be closing down.
Vera Bradley
Vera Bradley
It seems like Vera Bradley is rethinking its strategy. It’s putting more attention on licensing rather than its brick-and-mortar stores. The company is planning on selling its home products using other retail chains like Macy’s and Bed Bath and Beyond instead. When it comes to full-line stores, the company plans on shutting down as many as 50 locations, almost half of its overall stores, by 2021. This is the time most of the leases are due to expire. However, customers can still go to the 52 remaining factory outlets of the store.