Payless
This year, Payless ShoeSource has the most shop closures planned. The corporation aims to close over 2,500 stores and hold clearance sales in order to get rid of its stock and sell its stores. Some shops will remain open until the end of May, while others will shut down by the end of March.
Payless
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Gymboree
In mid-January, Gymboree Group Inc, a children’s clothing store, filed for Chapter 11 bankruptcy. In addition, they announced the closing of about 800 Gymboree and Crazy 8 stores in the United States and Canada. It has also put an end to online transactions and started liquidation sales in its stores. For the second time in the previous two years, Gymboree has declared bankruptcy. The firm closed a number of locations in 2017.
Gymboree