Christopher & Banks
Christopher & Banks announced in late 2018 that it will close 30 to 40 stores by 2020. This does not, however, imply that the company’s revenues are declining. The company’s e-commerce sector has grown in recent years. Furthermore, it is predicted to rise even more this year!
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e.l.f Cosmetics
e.l.f. Cosmetics, like the other companies on the list, expect to close physical stores and concentrate on e-commerce instead. By the end of March 2019, twenty-two of its stores had closed. Patrons of this company, however, need not be concerned because their goods are still available for purchase on the official website and in drugstores throughout the country.