Ascena Retail
Ascena Retail is the mother company of Ann Taylor, Lane Bryant, Loft, Dress Barn, and more. The total sales have declined recently. The company wants to shut down hundreds of stores to make up for the loses. Nearly 667 locations will cease operations.
Ascena Retail
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Southeastern Grocers
Supermarkets are not safe from challenges either. Southeastern Grocers, the parent company of Bi-Lo, Winn-Dixie, and Harveys, said it was shutting down 22 stores by March 25. This decision happened less than one year after its recovery from a bankruptcy filing. Bi-Lo suffered the most as 13 locations closed.
Southeastern Grocers