High-End Stores That Will Shutdown All Of Their Branches This Year

Banana Republic

Several Banana Republic stores, which are also owned by Gap Inc., will close. The company intends to close 130 Banana Republic stores by 2023. Between the Banana Republic and Gap, the chain will close 350 stores or approximately a third of its North American locations.

Banana Republic

Carter’s

Carter’s has decided to permanently close hundreds of sites due to lease expirations in the coming months. In October 2020, the children’s clothes and accessories industry announced plans to close over 200 outlets, with around 60% of those retailers closing by the end of 2021. The present stores will close by the end of 2022.

Carter’s