These Brands Are Closing Down And We Are Not Ready For It

Published on 04/14/2020
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Lowe’s

The famed home and garden distributor has since closed 51 of its shops that were all inefficient. This year the closing took place-20 outlets in the U.S. and 31 in Canada. Lowe had already revealed his intentions by 2018 and on 1 February 2020 he had set the date of closing the store. The move to the nearest stores came just after J.C.’s previous CEO Marvin R. Ellison. When Robert Niblock, Lowe’s long-standing CEO resigned, Penney took over the helm of the company.

Lowe’s

Lowe’s

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Family Dollar

The discount chain Dollar Tree has announced that it will close about 390 Family Dollar stores by 2020. It will push its customers to search for another shop where they can purchase goods for personal care and other important things. The organization has also agreed to rename approximately 200 branches to the brand. It might not be the only change they will be making. They will soon start charging their customers in some stores for more than $1.

Family Dollar

Family Dollar

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