Charlotte Russe
Charlotte Russe confirmed the closure of the whole franchise in March 2019. Yes, it covers over 500 stores across the country. The business previously announced the closing of 94 outlets. The others were scheduled to close on April 30, 2019. The company has already ceased online transactions, however, things can still be purchased through liquidation sales in specified areas.
Starbucks
Starbucks said in the summer of that it will permanently close 150 underperforming outlets. This is three times the amount that it regularly closes at the end of a fiscal year. However, the corporation stated that the closures will affect major cities with oversaturated marketplaces. The coffee chain branches are simply competing with one another in such areas.