Cole Haan
Cole Haan is a footwear brand owned by Nike and was highlighted as one of the stores that may close out in 2020. Back in 2018, the brand made the “high-risk” on USA Today’s list of brands in financial troubles. After this revelation, it decided to go sports shoes solely, but it just turned sour for them. The brand was sold out to Apax Partners in 2013, but even with various changes, they still don’t seem to be doing well.
Claire’s
Claire’s an accessory store that started back in 1961 and is a hot spot for young girls all over the U.S. However, in 2018, the Company filed for bankruptcy and ceased IPO. Leading up to now, the Company has closed a total of 130 stores and now looking to sell the others to potential buyers and investors. Many older women will remember the excitement that they felt as little girls when their parents took them shopping to Claire’s.