Destination Maternity
Destination Maternity Corp. aims to focus less on its retail presence in order to revive the business and increase e-commerce revenues. The shop closures this year will affect around 42 to 67 establishments. They did it in order to save money at the store and to increase their online presence. According to USA Today, the company also intends to build smaller stores “with reduced square footage to boost productivity.”
Destination Maternity
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Foot Locker
Foot Locker Inc. announced the closure of 167 stores in March 2019. It expected to increase its investment in the other sites by millions of dollars. This decision was made to increase profit margins. Stockholders were astounded by the retailer’s performance in the fourth quarter of 2018.
Foot Locker
