These Power Stores Will Be Closing in 2020

Published on 03/16/2020
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Southeastern Grocers

From the list coming down, it showed as though only clothing and beauty brands are facing the brunt of the loss of profits but, Southeaster Grocers have proven us wrong. Markets that operate under Southeastern Grocers like Winn-Dixie, Harveys, and Bi-Lo announced that they would be closing 22 of their stores. This closure announcement comes shortly after the Company had filed for bankruptcy. During that period, the Company had to close 94 of its stores with Bi-Lo facing the harshest, with 13 stores being closed.

Southeastern Grocers

Southeastern Grocers

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Lord & Taylor

Lord & Taylor is a legendary store in the business as it has been in operation for over 100 years. However, last year, they closed their signature store on Fifth Avenue, which marks the start of another round of closure. For 2020, the Company announced they will be closing another ten stores but are yet to announced the location of these stores. It is amazing how a business can go strong for an entire century, only to lose so much in under a single year.

Lord And Taylor

Lord And Taylor

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