Z Gallerie
This lavish home decor establishment is also one of the few companies that have applied for bankruptcy over the last few months. Z Gallerie has reported having said that they are seeking a buyer to help assist them. In the interim, 1 7 of its stores will be closing down, which is around 20% of the overall amount of its outlets countrywide.
Destination Maternity
Destination Maternity Corp. plans to focus on reducing its store footprint in an attempt to renew its business along with developing its e-commerce sales. Approximately 42 to 67 retailers would be affected by the changes that will take place over the year. Such reforms are considered to help reduce the expenses of the shop and rather develop the company’s’ online footprint. USA Today mentioned that the company now wishes to keep operating fewer shops “with limited square footage to improve profitability.”