Starbucks
Starbucks said it was going to close 150 underperforming stores this year. This is thrice the typical number shut down each fiscal year! It will happen to avoid stores that compete with a different branch.
Starbucks
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The Children’s Place
The Children’s Place previously said it wanted to close 300 underperforming stores by 2020. According to Forbes, it had already shut down 191 stores before the end of 2018! Recently, it has been investing money to boost its online presence in the hopes of improving things.
The Children’s Place