Popular bankrupt retail chain to close 500 stores
The closures aren't surprising at a time when niche retailers are struggling.
Lately, customers were forced to curb their spending to address excessive stages of inflation. A mid-2024 TD Monetary institution scrutinize realized that 30% of Individuals were slicing their spending on account of economic concerns.
Not surprisingly, shifting individual spending habits have forced a sort of successfully-known stores into financial catastrophe.
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