Francesca’s – 140
The fashionista shop that once ruled malls all around America officially filed for Chapter 11 Bankruptcy in December 2021. Of its 700 stores, it has already closed down 140. It’s a little too soon to tell if this will be enough to save the company, but only time will tell.
Macy’s – 45
The once dominant department store continues on its downward decline and will close 45 stores by the end of 2021. Its overall plan is to close 125 stores total by the end of 2023, which comes out to about 1/5 of its total stores. It is also cutting about 2000 corporate jobs.