Lowe’s
Lowe’s is a home and garden retailer. Around 51 underperforming stores had already gotten the ax this year. Before 2018 ended, Lowe’s announced the plans it had. It aimed to finish the closures by February 1, 2019. It happened after Marvin R. Ellison took over the company after Robert Niblock retired.
Lowe’s
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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