Retail-chain pain: Four companies to close more than 465 stores

Retail-chain pain: Four companies to close more than 465 stores

5 years ago
Anonymous $Dftgs0JzgE

https://www.mercurynews.com/2019/03/04/retail-chain-pain-four-companies-to-close-more-than-465-stores/

Even the good news in American retail is bringing bad news.

While major chains such as San Francisco-based Gap, JCPenney and Victoria’s Secret announced hundreds of store closures over the past three days after reporting same-store sales declines for the fourth quarter, Foot Locker showed growth that was more than twice as robust as analysts had expected.

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