The Children’s Place
Forbes Magazine has reported that by the end of 2018, The Children’s Place had closed over 190 of the 300 stores they noted they would be closing down. The closure comes as a result of low performance in some areas, among other issues. On the flip side, however, you may be able to shop for their products online as they have reported investing a lot into building an online platform to increase their sales profit.
Performance Bicycle
Cyclists will feel this one like no other as the largest bike retailer in the country has finally closed all its 104 locations. Unfortunately, Advanced Sports Enterprises, Performance’s parent company, filed for bankruptcy. However, with efforts to try and secure a few leases to save a few of the stores, they were still not successful. As such, they had to close all their doors after having a sale out on all items. Cyclists will certainly miss this former leading name in the sport.