We Now Know Why These Large Retail Companies Are Closing Down Stores

Published on 07/22/2021
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Signet Jewelers

Signet Jewelers, which operates globally under the labels Kay Jewelers, Zales, Jared The Galleria Of Jewelry, and Piercing Pagoda, is also shutting more stores this year. In 2020, the diamond jewelry firm stated that it will not reopen at least 150 North American outlets that had been temporarily closed due to the COVID-19 outbreak in March. Another 150 stores are set to go by the end of February 2021.

Signet Jewelers

Signet Jewelers

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Pet Valu

Pet Valu has also joined the list of companies that have gone out of business as a result of the coronavirus outbreak. The pet supply firm announced in November 2020 that it would close all 358 stores and warehouses across the United States. As a result, shoppers will no longer be able to make purchases on the company’s website, although closing sales have already begun in nations across the world.

Pet Valu

Pet Valu

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