Chico’s
Chico’s is a subsidiary of Chico’S FAS. The parent company announced that it was going to close 250 locations in the next three years. Aside from the womenswear chain retailer, White House Black Market and Soma will also take a hit. The company has not yet revealed which locations it plans to shut down.
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e.l.f Cosmetics
e.l.f. Cosmetics has decided to take the same path that many businesses are taking! It will be closing physical stores and then focusing more on e-commerce sales. By March, the beauty brand closed 22 stores. If you are a fan, don’t panic! You can still buy the products in drugstores or the official website.