Large Corporations Have Been Closing Down Their Stores Across The Country

American Eagle

After announcing plans to eliminate 40 to 50 stores by 2020, they may complete additional American Eagle facilities this year. Last autumn, management announced that the retailer is considering closing up to 500 stores over the next two years as leases expire. When determining which stores to close permanently, Chief Financial Officer Mike Mathias told Retail Dive that the retailer examines “lease tenure, mall profile, accessibility to other stores, and consumer experience level.”

American Eagle