These 50+ Large Corporations Are Closing Their Stores Across The Country

Banana Republic

Gap Inc. also owns the Banana Republic, which will close many locations. The firm intends to close 130 Banana Republic locations by 2023. In addition, between the Banana Republic and Gap, the business would close 350 locations, accounting for roughly one-third of its North American branches.

Banana Republic

Carter’s

Carter’s is now closing hundreds of stores indefinitely, with contracts for those locations set to expire in the coming months. The children’s apparel and accessory retailer announced plans to liquidate roughly 200 stores in October 2020, with approximately 60% of those sites projected to close by the end of 2021. The existing stores will close at the end of 2022.

Carter’s