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The Global Pandemic Covid-19 has made serious consequences for the retail sector for small businesses and large companies. Now, one of the most recognized and most expensive brands in the world has announced that it gets a clogging even more of its locations because it stands up its business strategy. According to the insider of retail sales, theDisney Store will close Almost all of its retail stores in the coming months.

While the company did not announce the last number of stores it would be closing, planned closures come just over a month afterDisney announced It would scare 60 of the 300 stores it works around the world. In particular, the next series of closures would seeAll 18 sites in Canada Shutter by the end of the summer. The flagship location of two floors of Disney Store in Times Square of Manhattan should be one of the few remaining locations in North America once the changes have been announced.

The movement comes in the context ofDisney Strategy Offset, who saw Covid-19 is looking forward to the decline in store purchases for online shopping. "In the next year, Disney will focus on the provision of more transparent, personalized and franchise-oriented e-commerce experience via its Shopdisney platform," said a spokesman for the company in a statement in March. "This will be associated with an assortment of new and high products from the Company's full range of brands of the company, including collections of adult clothing and artists' collaborations, from Lawarwear futures, high quality home products and collectibles. "

But Disney is not the only company to reduce its detail imprint in difficult economic times. Read it to see which other stores will soon be on other stores and for more companies that have trouble staying afloat,This beloved local burger chain has just filed bankruptcy.

Tuesday, March 16, CEO DSWRoger Rawlins confirmed that the popular shoe retailer would beClosure of 65 of 501 retail locations it works in 44 states. The decision was taken after the company had seen a34% dive in sales in the middle of the pandemic,Columbus Business first reports. "Until [customers] come back for the social occasion, it is the game we need to play," said Rawlins.

In March, the children's clothing store the place of children announced that it would beShuttering 122 stores in 2021. The news arrived after the brand had already closed 178 from its locations in 2020 and has always seen stores "Sales decrease of 7.8% Between 2020 and 2021. The company cited the CVIV-19 pandemic as the main reason for their recent losses, noting in a statement that the decision was "mainly because of the impact of permanent and temporary store closures and the impact. Impact negative of reduced reduced hours of operation. In our shopping center stores, as mandatory shopping center owners. "And for more information on retailers who have not survived the closing of COVID,This beloved chain closes all its stores.

Monday, April 5, April 5The group collected-The parent company of current clothing brands / Elliott, JOIT and EQUIPMENT-deposited for bankruptcy, citing significant losses associated with the pandemic. While the company announced that it obtained all its brick and mortar stores through the brands of the three brands, it stated that it would continue to sell goods through its 305 US and 272 wholesale channels. -Mer, which include department stores, digital retailers and rental services such as Bloomingdale, Harvey Nichols, Neiman Marcus, Net-A-Porte, Nordstrom, rent the track, turn and SAKS FIFTH Avenue.

In March, Gap Inc., the parent company of Gap, Republic of Banana, Old Navy and Athleta, announced that it would be on the point of view100 banana republic stores Worldwide, focus on their more lucrative clothing lines and online sales. But the announcement was not all bad news from Gap Inc. - the company also stated that it was consideringOpen up to 30 new athletics stores and up to 40 new Navy stores in 2021.

And for more other emblematic companies that have trouble surviving the pandemic, This beloved cinema chain has just filled a bankruptcy .