Kmart
Kmart, which is owned by the same company like Sears, Transformco, is also closing its doors. The chain’s total store count has been reduced to just 48 stores, with further closures expected in the coming year as the commercial real estate market recovers.
Kmart
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H&M
H&M expects to close another 250 stores in 2021, following the closure of 180 stores in 2020. The retailer’s decision was largely influenced by the coronavirus outbreak and the growing trend of online shopping. “More and more shoppers started shopping online after the pandemic,” H&M CEO Helena Helmersson said on “Good Morning America,” “and they are making it clear that they appreciate a relaxed and inspiring atmosphere in which shops and online link and reinforce each other.”
H&M