Say Farewell To These Stores That Are Planning To Shut Down This Year

Vera Bradley

Vera Bradley has decided to focus on licensing over physical stores! The brand hopes to sell home merchandise through retail chains such as Bed Bath and Beyond and Macy’s instead. By 2021, it is the goal of the company to shut down up to 50 stores since that is when many of the leases expire.

Vera Bradley

Abercrombie & Fitch

Abercrombie & Fitch announced that it will be shuttering 40 stores by the following February. This is even higher than the stores they closed down in 2018! Business Insider covered that the company spokesman said the company will be investing in the remaining locations by “delivering approximately 85 new experiences, including 40 new stores, with continued reduction in overall square footage.”

Abercrombie & Fitch