Sears
Since declaring bankruptcy in 2018 and liquidating the majority of its stores over the preceding two years, Sears, which Transformco owns, has suffered a huge reduction in sales. CNN reports that the ailing company is in the process of a “slow-motion liquidation,” and that it would commence liquidating stores as soon as possible next year, as well as marketing certain locations through commercial real estate agents.
The Disney Store
Disney stated on March 3 that about 60 of its Disney Stores in North America would close by the end of 2021. According to the organization, e-commerce, social networking, and theme park purchasing endeavors would be favored. The corporation had 330 sites throughout the world as of 2016, with 200 in North America.