These Power Stores Will Be Closing in 2020

Published on 03/16/2020
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Bluestream Brands

When you think of apparel, health products, beauty, and appliances, then Bluestream Brands will certainly come to mind. The Company was listed as one of the “high-risk” for a financial and operational dilemma. They operate a lot of e-commerce companies to include Fingerhut, Blair, Gettingon.com, Bedford, and Appleseed’s. Hopefully, they can get back on track, but only if action is taken now. Fingerhut is unique in its online retail method in that customers can make purchases on credit with monthly installments.

Bluestream Brands

Bluestream Brands

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PetSmart Inc.

There are over 1,500 PetSmart stores across Puerto Rico, the U.S., and Canada. Over the last few years, the Company has reported an $8 million debt as a result of customers resorting to other e-commerce sites like Amazon. Chewy was recently acquired by PetSmart but not before forking out a whopping $3.35 billion, the highest ever paid for an e-commerce site. But, that didn’t even make matters any better as their debt went all the higher.

PetSmart Inc

PetSmart Inc

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