Good Lifestyle

The coronavirus pandemic has hit the retail sector, putting in placeMillions of US unemployed and give neighborhoods of centuries without choice, but toshut down for real. Every day, we feel that more major brands depend on bankruptcy, radically reducing their workforce or make another major movement just to stay afloat. Recently, the bed bath and beyond, a popular house selling chain with more than 1,000 stores across the country announced that they would beClose 200 locations Over the next two years, according toUnited States today. These closures - more than 60 are in progress - areBed tub and beyond recovering and survive the financial difficulties led by the pandemic. But now, society makes another drastic movement to stay afloatBath and beyond soldout of his Christmas workshops really loved. Read to discover the destiny of the seasonal shop and for more detail news, checkThis popular clothing chain has just announced the closure of 250 stores.

Bedtub bed and beyond announced this week they have entered intoAn agreement to sell Christmas tree stores at Handil Holdings, LLC. The agreement, ready to be complete by November, includes the 80 pitches of the Christmas workshops of the brick and mortar, but the good news is that the hand prepares to continue to exploit the stores as the Americans the Americans. have learned and love them.

The first Christmas tree storesOpen to the 1970s In Yarmouthport, Massachusetts, selling gifts and ornaments. The shop quickly expanded to three space-stop spaces, Back Shoot store and Barn Shop. Finally, they sold items at home for occasions throughout the year, but the name of origin blocked. In 2003, the chain was acquired by bath and beyond, pushing up to 80 stores in 21 states.

In addition to selling Christmas tree stores, Bed Bath & Beyond has also sold business linen and distribution center activities.Florence, New Jersey as part of a continuous effort to stay in business. "Today's announcement is based on the measures about the year we conducted throughout the year to simplify our portfolio, unlock capital and create clear strategic attention to accelerate our plans of construction of our authority in the markets of the house, beauty, beauty and well-being, "Bed Bath and beyond President and CEOMark Trittonsaid in a statement. "We will continue to invest in our first digital experience with an assortment inspired by the customer who facilitates the feeling of feeling at home with bedtub bed and beyond."

The monetization of these assets should generate $ 250 million for the company and is part of a wider restructuring that has already seen 63 stores and the loss of 2,800 jobs. Hope is that these decisions can ensure the future of society, but all brands have not been so lucky. Read it to see the stores that have been fully succumbed to Covid and for more detail news, check howApple has just removed this popular phone.

In August,Emblematic household Lord & Taylor announced that they hadfiled for the bankruptcy of Chapter 11 And let out business. The financial difficulties of Lord & Taylor began before Covid:The chain has been sold to the tote In 2019, but it was not enough to keep the business that will go once the pandemic hit.

BelovedRegional department CENTURY 21 filed for bankruptcy in September and society quickly revealed all 13The locations would be closed. In a statement, Cecient 21 Co-CEORaymond Gindi Explained that because of Covid, society had "no viable alternative but to start the closure of our loved one of the family."

In August, Stein Mart, 112, announced that they would beclose all their stores. The popular discussion store filed for the bankruptcy of Chapter 11 because of "the combined effects of a difficult retail environment coupled withImpact of coronavirus, "CEO of Stein MartHUNT HAWKINS said in a statement. Now, the 280 states locations disappear. And for another long-standing favorite that starts to disappear, checkThis beloved beauty brand closes stores at the national level

The imports of the pier 1, your favorite point for the goods house Curadies, filed for bankruptcy in mid-May. The stores remaining are going down right now with Sales of commercial outflows , with all 540 locations on the component for good October at the end of October. And for more useful content delivered directly into your inbox, Sign up for our daily newsletter .