H&M
H&M has been steadily expanding and doing well abroad. After some consideration, the planning of 355 new stores by the company will be set up in 2020 and will mainly be located overseas instead of within the United States and Europe. This is because of the struggling markets for the brand in the U.S which may result in H&M losing its place as the chief commodity. Despite the opening of new stores overseas,160 store locations within the US will close over the year, in order to optimize business.
H&M
Starbucks
Over-saturated markets and major cities, where branches of this coffee chain compete with each other, will be greatly impacted by Starbucks’ decision last summer, for its plan in 2020 to permanently close 150 under performing stores, which is three times more than it closes every fiscal year.
Starbucks
