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Even the forefront of the most magical place on earth can always be victims of the economic misfortunes brought by the coronavirus pandemic. Disney announced that it will beClose 20% of its current Store Disney locations Around the world, the company moves towards online sales and e-commerce, CNBC reports. Read to see why your next trip to the mall could be a little less nostalgic and for more information on retailers feeling the pinch of the pandemic, checkThis beloved chain closes all its stores.

Walt Disney Co. announcement specified that 60 of their North American shops on 300Disney stores in the world would be clogged In the coming months,United States todayreports. However, the company stated that its plans would not affect the 600 shopping experiences it offers in Disney Parks, shopping locations in the target, outlets or third-party retailers.

"While consumer behavior hasmoved to online purchasesThe global pandemic has changed what consumers expect from a retailer "Stephanie Young, President of consumer products, games and publication, said in a declaration, viaPeople. "In recent years, we have focused on the consumer meeting where they already spend their time, such as the expansion of Disney store stores around the world. We now plan to create a more flexible and interconnected e -Commerce experience that gives consumers easy access to unique and high quality products in all our franchises. "

The company says they had considered strengthening theirOnline offers on the Shopdisney website, which will include more premium home products, collectibles and an increase in adult clothing, CNBC reports. They hope to reach a broader audience by expanding beyond traditional offers found in Brick-Mortar Disney stores, which usually focus on clothing, games and children's toys.

While Disney can be one of the biggest players to deal with Covid-related lifting levers, they are far from alone. Read it to see who else farm shops, and for a beloved restaurant that is also against the ropes, discoverThis popular pizza chain has just filed a bankruptcy.

After more than 37 years of commerce, beloved gift shopPaper source filed in Chapter 11 Bankruptcy Protection to March 2. The mark announced that due to losses arising from the Pandemic of Covid, it plans to close at least 11 of its 158 stores, according toCourt documents got by diving.

The deposit of the bankruptcy of the company based on Chicago also notes that the paper source was recently extended to 161 retail sites after having acquired 27 competition stores Papyrus, which filed for bankruptcy on January 20 and started closing its retail locations the following month. The company's sales for 2020 should be $ 104 million, more than 30% of $ 153.2 million the previous year. And for more detail news delivered directly to your inbox,Sign up for our daily newsletter.

The brands, the parent company of Iconic Lingerie Retailer Victoria's Secret, announced February 24Up to 50 Shutter Shutter Mall Staple Stores At the end of the 2021. The secret of Victoria had already experienced major closures in 2020-in May 2020, it was announced thatAt least 250 stores would closing, CNN reported. And for more clothing companies that go back their detail footprint, checkThis emblematic fashion brand begins to close stores.

Solstice of chain of sunglasses deposited forChapter 11 Protection against bankruptcy On February 18 after a massive success of last year. The sales of the brand, which operates 66 brick and mortar stores at the national level, decreased by more than 50% between 2019 and 2020.

"We areOptimistic on the reorganizationAs we continue to see increasing activities in our stores because COVID restrictions are lifted and in the new modes that our suppliers provide ", CEO of SolsticeMikey Rosenbergsaid in a statement. "We are now dedicated to the necessary changes to our business and the restructuring of our obligations for the benefit of our employees, critical suppliers and other stakeholders." And for another company in difficulty, checkThis beloved cinema chain has just filled a bankruptcy.

Popular beauty and personal care companyThe OCCITANE filed for bankruptcy January 26, announced that it would be soonShuttering 23 of its 166 stores In the United States as part of its "store optimization plan".

"In the past year, we are aggressively displaced to remedy COVID challenges" "Director General of North America L'Occitane NorthYann Tanini said in a declaration . "We are looking forward to working with our owners to reach partnerships that have an economic sense in this current retail environment and the best position of our brand brand boutry offer for years to come." And for more companies outflows, discover This iconic store closes all its American pitches .