This popular channel continues with store closures, from today
Several locations have already been closed.
TheCOVID PANDEMIE has wreaked havoc in the United States in an innumerable way, in particular by forcing a number of companies to do business. Retailers like Lord & Taylor and Stein Mart had toPermanently All their stores in 2020 due to the repercussions of the pandemic. Then in 2021, companies like Disney and DSWwere made in their stores by the dozens. But even if the cocovated situation has greatly improved, the economy has been faced with a number of other setbacks. And now, six months after a new year, store closings have not abandoned. In fact, a popular chain continues to close stores, another location closing its doors today. Read the rest to find out if you will be assigned by the last closure of the store.
Read this then:This emblematic retailer firm more than 70 locations, from now.
Many large companies have already closed locations in 2022.
Companies in all the United States still feel the effects of the cocovated pandemic, and the increase in inflation exacerbates their financial difficulties. Consequently, several retailers have already started to close the stores or have announced to come to come for closings. Walmart closed aNumber of locations throughout April and May, while CVS and Family Dollar are preparing to start closing the stores in mid-June.
And it is hardly the only retailers who make headlines for store closings in 2022. Companies such as Whole Foods, Macy's, Sears, H&M and Bed Bath & Beyond also closed the locations this year.
Another chain continues closings today.
Rite Aid turns off the lights to one of its locations today,Oregonian recently reported. The pharmacies chain has chosen to permanently close its store on Southwest Alder Street in downtown Portland, Oregon, June 6.AE0FCC31AE342FD3A1346EBB1F342FCB
"A decision to close a store is that which we take very seriously and is based on a variety of factors, in particular the commercial strategy, rental and rental considerations, local commercial conditions and viability and performance of stores" , "Alicja wojczyk, a Rite Aid spokesman, told the newspaper, adding that the prescriptions for this store will be transferred to other pharmacies.
Rite Aid initially announced the closures last year.
Rite Aid initially revealed plans for a large set of closures at the end of December 2021. The company said it would beFence at least 63 stores Throughout last year and throughout the first months of 2022, CNBC reported. According to the media, Rite Aid said that "primary objective"Among these closures, it was a question of reducing costs, improving profitability and making a" healthy base "for the company to develop.
"Rite Aid is carrying out a rigorous assessment of its store base and implemented a store closing program," the chain said in a statement last year, adding that it re -evaluated its foundation to ensure that He has "good stores in the right places for the communities she serves and for his business."
But the company updated its plans just a few months ago.
The 63 Rite Aid store closings announced initially began in November 2021. But in April 2022, the company made another announcement on store closings, informing the buyers it planned to close82 other locations that what he had initially disclosed in 2021. Rite Aid now plans to close a total of 145 "non -profitable stores" in order to considerably reduce his costs. According to Wojczyk, Portland Rite Aid is one of these store closings, which should occur nationally by the end of the month.
"These store closings are part of our business plan to stimulate maximum efficiency, and a number of factors are taken into account before determining a store closure," said WojczykOregonian.
Read this then:These two popular chains firmly stores, from June 15.
