The Children’s Place
The Children’s Place previously revealed its intention to close down 300 stores which did not perform well by 2020. Forbes notes that the retailer of these children’s products had already closed 191 of its stores before 2018 came to an end and still has more than 100 stores to close. Additionally, The Children’s Place is spending a lot of money to improve its online presence to maximize its income.
The Children’s Place
Performance Bicycle
The parent Advanced Sports Corporation filed for bankruptcy last fall. It primarily aimed to save at least 50 percent of the locations of the cycling stores by renegotiating their leases. However, in the end, it had to close the brand altogether. For cyclists, this is terrible news, since the biggest bike shop in the country with each of its 104 stores has been permanently shuttered and closed, the last one being on March 2.
Performance Bicycle
