Performance Bicycle
If you enjoy riding, we have some terrible news for you. The country’s largest bike retailer has ceased operations. On March 2, the last of its 104 locations closed. Last October, Advanced Sports Enterprises filed for bankruptcy. Initially, it aimed to save at least half of its locations by attempting to renegotiate leases. Unfortunately, it had no choice but to fold and close the business.
Performance Bicycle
Lowe’s
Lowe’s is a well-known home and garden supply store. The business has already closed 51 locations, all of which were underperforming. The closures took place in 2019. It closed 20 stores in the United States and 31 in Canada. The corporation revealed these plans towards the end of 2018, with the goal of having all stores closed by February 1, 2020. When longtime CEO Robert Niblock departed and was replaced by former J.C. Penney CEO Marvin R. Ellison, the decision to close locations was made.
Lowe’s
