National Stores
If you have ever heard about Conway, Fallas, and Anna’s Linens, then you must know about National Stores. The Company filed for Chapter 11 bankruptcy but soon came to realize its decision to take on a lot of brands was a huge mistake. They have accumulated a lot of debts and, as such, will have to cease operation in more than 74 of their stores across Puerto Rico and the U.S. National Stores is still going strong, however, with 344 shops throughout Puerto Rico and the United States.
National Stores
Lowe’s
Lowe’s is famous for its home and garden supplies, but to date, they have already closed 51 stores due to poor performance rates. The stores that closed spread across the U.S. (20 stores) and Canada (31 stores). In 2018, Lowe’s had announced the closures and noted by February 1, 2020, most of these, if not all, would be closed. The closure came after the Company got a new CEO, Marvin R. Ellison (former CEO of J.C. Penney), who took over after CEO Robert Niblock retired.
Lowes
