Popular clothing chains, including Old Navy and Macy, are closing stores from January
If you get your clothes from these clothing retailers, you may be assigned.
Selecting buyers could have problems refresh their wardrobe in the new year. Although store closures have been too common across the country since the start of the pandemic, companies will not stop reducing their detail footprints anytime soon. Now, some of the most popular clothing chains, including Old Navy and Macy, have confirmed that they get rid of certain places in 2023. Read the rest to know where the stores are boasting, from January.
Read this then: The thrift stores, including goodwill, are closing locations, from December 23 .
Old Navy closes a store in January.
Old Navy will be at the bottom of a store during the new year. The company is end Its location at the Uptown Solon shopping center in Solon, Ohio next month, the Cleveland News News reported on December 13.
Mark Swerling , Director of asset management at United Growth, the current owner of the shopping center, told the newspaper that the closure is based on some different factors, including an expired lease and the proximity of the location with other Old Navy stores in the northeast of Ohio.
"For years now, we had heard rumors [on a closure] but we are obviously disappointed that they close," said Solon Mayor Edward Kraus said to Cleveland News News . "It is a sign of time. We are not sure of what they live as a business, but I could imagine that they have the same slowdowns as everyone. With the advent of the sale Online detail and everything is shipped to your home, it affects many brick and mortar stores. This is a perfect example of that. "
Better life Contacted Old Navy to see if an exact date has been fixed for the closure of the store, but has not yet heard.
Another popular channel is the shops of closing next month.
A well -known chain different - which sells clothes among other things - plans to reduce in January. Based on local reports, it seems that Big Lots should close at least two locations in California next month.
A company spokesperson confirmed that his store In Ridgecrest, California, will permanently close during the new year, The RIDGECREST DAILY Independent reported on December 14.
Joshua Chaney Big lots representing public, told the newspaper that the owner of the building recently informed the company that the rental price would be three times higher in the future.
"We examine our portfolio of stores on a continuous basis and sometimes decide, for various commercial reasons, to close or move," said Chaney. "We are grateful to all our customers to have shopping with us over the years and inviting them to continue shopping with us online on Biglots.com."
And this is not the only closure of California. On December 7, Chaney confirmed the Sacramento Business Journal That The Big Lots Store in Citrus Heights, California should also close in January - the explanation of the same magazine of the store portfolio.
Better life Has tone the hand at Big Lots to see if an exact date has been fixed for the closure of the store, but has not yet heard.
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Macy's also loses a location in 2023.
After the closures of the former navy and the big lots in January, Macy's will also write slightly. The department store chain is turn off to prove yourself Its store at the Foothills shopping center in Fort Collins, Colorado, next year, Coloradoan reported on December 12.
Stenn Parton , the president of Prism Places, who currently owns the shopping center, confirmed to the newspaper that Fort Collins Macy will definitively close in March 2023.
Macy's has been in the Foothills shopping center for almost 50 years and is the last remaining center store in the center, according to Coloradoan. Parton said Macy planned to close the store, not to move and told the newspaper that the shopping center would undergo a redevelopment plan accordingly.
"It is the dichotomy of retail trade today," he said. "Many of these department stores have supported these projects [shopping centers] for a long time."
Better life Contacted Macy's for more information on the closure, but has not yet heard.
These companies make mass closures.
Although it is only the store closures announced for the new year, the three companies are in the midst of national closures. AE0FCC31AE342FD3A1346EBB1F342FCB
In February 2020, Macy announced that he was Planning to close In total, 125 of its department stores until 2023. "We take the organization thanks to a significant structural change to reduce costs, bring the teams together and reduce duplication work", CEO of Macy Jeff Gennette said CNBC in a statement at the time.
For its part, Gap Inc., which has Old Navy, previously announced mass closings for some of its other brands. In October 2020, the parent company of the channel revealed that this is planning To close 350 Gap and Banana Republic stores across North America by the end of 2023.
"While we adapt to current market conditions and respond to the increase in online demand, we carefully examine our real estate to support the best way to follow," said Gap Inc. on his website, adding that closures are made "with the goal of having a smaller and healthier fleet of stores."
More recently, Big Lots has also revealed mass closing plans. During 1st December ,, Jonathan Ramsden , Executive vice-president, financial director and administrative agent for large lots, said that the retailer had "an accelerated number of closures". According to Ramsden, closings are intended to help large lots increase income.
"This year's closures will eventually be a little higher than openings," he said. "In the future, we hope and we would wait to return to a standardized level of closures, but we will certainly continue to examine closely the sub-perform stores."