Z Gallerie
This luxurious home decor business is also one of the several companies that have applied for bankruptcy over the last few months. Z Gallerie is said to have been trying to find a buyer to help save it. But in the meantime, 17 of its outlets will be closing down, which is around 20% of the overall amount of its outlets nationwide.
Destination Maternity
Destination Maternity Corp. would reduce its store footprint in an effort to revitalize the business as well as improve its e-commerce sales. Roughly 42 to 67 retailers would be impacted by the changes that will take effect over the year. Such reductions help to reduce the expense of the shop and increase the online footprint of the business. USA Today notes that the organization now wants to continue to operate fewer shops “with limited square footage to improve profitability.”