Sears
Transformco’s Sears has suffered a substantial decline in sales since entering bankruptcy in 2018 and shutting the bulk of its stores over the previous two years. CNN reports that the ailing firm is in the midst of a “slow-motion liquidation.” Over the next year, it plans to close stores when possible and sell properties through commercial real estate brokers.
The Disney Store
Disney stated on March 3 that about 60 of its North American Disney Stores would close by the end of 2021. According to the organization, E-commerce, social networking, and theme park retail activities will be prioritized. As of 2016, the firm had 330 sites worldwide, including 200 of them in North America.