This Celebrity Hot Spot is stopped every location down
A preferred Star Shop closes its stores in the middle of the apocalypse retail.
If you were a devout readerPeopleandUS Weekly, after what the celebrities made, eat andin the first Aughts (pre-social media), then the last retail closure will be difficult to swallow. He had just announced that the hot spot of celebrity shoppingBlue planet closes all its physical shops. Read more about closures and for another beloved store in difficulty, checkThis chain of popular clothing closes 140 stores.
In a short statement posted on Instagram, Planet Blue said, "We made the difficult decision ofClose our shops in the next weeks. This decision is even more difficult by the loss of excellent and loyal employees and customers. Of all to the Planet Blue family, we wanted to thank you for your continued support and hope you visit you soon. This is not a goodbye; It's see you later. Continue spreading the good vibrations! "TOsale started immediately With all stocks available at 40-70% discount on the normal price.
According toWomen's clothing daily, "It's unclearIf the company will continue to operate online After his inventory is sold. "
At its peak in the early 2000s, Planet Blue was a magnet for the tastes ofBritney Spears,Paris Hilton, andNicole Richie With lime-green bags catchy with the store easily identifiable in the photographs of Paparazzi.
The story of Planet Blue dates back more than 25 years, at the opening of its first location in Malibu, California, founderLing-su chinn. His style negotiated heavily on his roots of the west coast, with clothes for the lifestyle "Beach in Bonfire" and his flagship label, to the blue life, "emblematic of the ultimate wild and free spirit. She wants to pass All day to the beach lounging sun and all night dance in the moonlight. "
The blue planet stores appeared in hot places where itsBeach-Boho style adapted to the climate. There were six stores in southern California, with others from Florida, Arizona, Georgia and Texas. (A New York location had already closed.) But the popularity of Planet Blue decreased over the last decade while the styles moved.
Planet Blue did not cite the Covid-19 pandemic as a closer factor, but it'sThe last sign of a retail economy in difficulty with reduced tourism and a decline in consumer confidence. Read on more recent closures and for more businesses, you could soon say so long.This beloved gym chain has just filled a bankruptcy.
Read the original article onBetter life.
1 Francesca
Francesca's, a fashionable clothing store for adolescents and young adults, announced on November 16 that this would closure of 140 of its stores by January 31, 2021. Closures account for about 20% of total brick locations and mortar of the company, which are spread over 48 states. However, Francesca'scan still deposit for bankruptcy To help reduce its debt in multiple dollars, according to market market reports. And for more stores edifying operations due to the pandemic, checkThis beloved beauty brand closes stores at the national level.
2 Justice
Another Belle-loved shop, justice, announced in November that it would beShut down At the beginning of the 2021. Before the announcement, the parent company, ASCNA Retail Group Inc., had already closed 600 justice stores from 800 United States. And for another iconic shopping center store close the locations,This favorite of the just tabled shopping center for bankruptcy.
3 H & M
H & M announced in October that it would beClosing of 250 of its 5,076 stores All over the world because of its loss of sale in the midst of Covid locks. "More and more customers have started doing online shopping during the pandemic," said the company in a statement.
"Although the challenges are far from over, we believe that thethe worst is behind us and we are well placed to get out of the stronger crisis, "CEO of H & MHelena Helmersson said in a statement. And for another adorée who suffers, checkThis beloved catering chain just dropped bankrupt.
4 Carter's and Oshkosh B'Gosh
Carters, which includesCarter shops and brands Oshkosh B'Gosh, made the October announcement that about 35% of the company's stores would close, translate more than 200 booklet workshops on the component. Society, which dates back to 1865, is theBiggest brand marketing Baby and children's clothing in the United States, but even again, it can not survive the retail apocalypse completely intact.
"Nearly 60% of theseClosures can occur at the end of the year, "CEO of Carters and PresidentMichael Caseysaid on a gains call in October. "And 80% of these closures are planned at the end of 2022." And for another recent closure, know thatThis beloved coffee chain has just announced the bankruptcy.
5 Lord & Taylor
At the end of the summer, almost 200 years oldLord & Taylor Shop announced that it would close all its 38 stores after its balance sheet filing. "We believe that it is prudent to put at the same time the rest of the stores in liquidation to maximize the value of the inventory of the estate, while pursuing options for the brands of the company,"Ed Kremer, Chief of Restructuring Office of the Company, said in a statement. And for more detail updates that you need to know,Sign up for our daily newsletter.
6 21st century
Another emblematic department store, Century 21, announced in September thatwould close its 13 locations down for real. "Our insurers, to whom we paid important premiums each year for protection against the unexpected we know today, haveturned his back to us at this critical moment more, »Century 21 Co-Chief Executive OfficerRaymond Gindi stated in a very firm declaration. And for another stop that you need to know about, seeThis Iconic Sporting Goods Company is the nationwide closing stores.