Performance Bicycle
We have some terrible news for you if you enjoy cycling. The country’s largest bicycle retailer has shuttered its doors. On March 2, the last of its 104 locations closed. Advanced Sports Enterprises shut down in October of last year. It had hoped to renegotiate leases in order to save at least half of its locations initially. Regrettably, the company had no choice but to fold and close.
Performance Bicycle
Lowe’s
Lowe’s is a well-known home and garden shop. The company has now closed 51 underperforming stores. The closures took place in the year 2019. It closed 20 locations in the United States and 31 in Canada. The company revealed its plans in late 2018, with the goal of closing all of its stores by February 1, 2020. When veteran CEO Robert Niblock stepped down and was replaced by former J.C. Penney CEO Marvin R. Ellison, the decision to close locations was made.
Lowe’s
