Family Video – 250
The video rental chain, which miraculously lasted until now, will go the way of Blockbuster and will close down its final 250 locations. The company shared in a press release: “The impact of COVID-19, not only in foot traffic but also in the lack of movie releases, pushed us to the end of an era.”
American Eagle – 250
The apparel chain will be closing down between 200 to 250 stores around the country, mostly mall locations, according to Chief Financial Officer Mike Mathias. However, the brand’s Aerie stores will grow by 50 locations.
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