Gap, Victoria's Secret and even Tesla: 4,300 store closures already announced this year
A recent wave of store closure announcements will hit shopping malls across the U.S., leaving hundreds of storefronts empty.
Just this week, Victoria's Secret said it will shut around 50 locations in 2019 — when it normally closes closer to a dozen each year; Gap said it's closing 230 of its namesake brand's stores over a two-year span; and J.C. Penney announced it plans to shut 18 department stores and nine of its furniture and home locations in 2019.
That builds on recent store closure announcements by Gymboree, Payless ShoeSource, Charlotte Russe and Ann Taylor parent company Ascena Retail, to name a few. A whopping 4,309 store closures were announced by retailers just in the first two months of this year, Coresight Research said in a research note on Friday. That's well ahead of the number of announcements the market research firm was tracking this same time a year ago, it said.
Even Tesla this week said it plans to move all its sales online and close showrooms .
https://www.msn.com/en-us/news/us/gap-victorias-secret-and-even-tesla-4300-store-closures-already-announced-this-year/ar-BBUfuPC?li=BBnbcA1
Tired of winning yet?
= new reply since forum marked as read
is what I've hear. 
