H&M
While H&M has enjoyed plenty of success outside of the United States, it has struggles significantly to continue its growth in the U.S. The company revealed that in 2019, about 160 of their stores will be shutting down. On the bright side, they are opening up 355 new stores, mainly outside of the U.S.
H&M
Gap
Gap was once at the top of the clothing store empire, but recently announced that 230 Gap stores will be shutting down. This makes up about half of its locations worldwide. Despite this, Old Navy – which is owned by the same company – will become a standalone business, as it is thriving.
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Gap