Kmart
Kmart, which is owned by the same parent company as Sears, Transformco, is also shutting. The company’s overall shop count has been reduced to 48, with further closures likely next year as the commercial real estate market recovers.
Kmart
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H&M
H&M plans to close another 250 stores in 2021, following the closure of 180 stores in 2020. The retailer’s decision was driven mostly by the coronavirus outbreak and the rising trend of internet sales. According to H&M CEO Helena Helmersson, “more and more customers started shopping online during the pandemic, and they are making it plain that they value a secure and empowered environment in which shops and online connect and support each other.”
H&M
