Destination Maternity
Destination Maternity Corp. intends to focus less on its retail presence in order to reinvigorate the firm and enhance e-commerce sales. By the end of the year, the store closures are likely to affect 42 to 67 locations. They did it to save money at the store and expand their internet presence. According to USA Today, the corporation also plans to create smaller stores “with reduced square footage to drive higher productivity.”
Destination Maternity
Foot Locker
In March 2019, Foot Locker Inc. announced the closing of 167 shops. It planned to double down on its commitment and pour millions of dollars into the remaining sites. To boost profit margins, this choice was made. The retailer’s performance in the fourth quarter of 2018 astonished its stockholders.
Foot Locker