“Over the past few years, we’ve been focused on meeting consumers where they are already spending their time, such as the expansion of Disney store shop-in-shops around the world," Young said. The closings won't affect more than 600 Disney Parks stores and other locations, including small Disney shops inside Target stores. “While consumer behavior has shifted toward online shopping, the global pandemic has changed what consumers expect from a retailer,” Stephanie Young, president of consumer products games and publishing, said in a statement. Apparel retailer Christopher & Banks announced it would close all of its stores after filing for Chapter 11 bankruptcy protection.ĭisney stores in 16 states are closing with California losing the most locations with nine closing stores and seven in Texas are closing. Penney have announced they would close stores in 2021. Victoria's Secret, Best Buy, Macy's, Bed Bath & Beyond and J.C. The 60 closures amount to about one-third of the stores in North America.ĬOVID vaccine expansion: CVS expands COVID-19 vaccine to 12 more states including Colorado, Illinois, Minnesota and Nevadaīest Buy store closings: Best Buy expected to close even more stores in 2021 than usual as consumers buy more online The company said it was reducing the number of stores to focus on its e-commerce business. The company updated its store locator tool to identify stores closing "on or before" March 23.
announced it would close at least 60 Disney stores in North America this year. The first round of store closings come one week after The Walt Disney Co. More than three dozen Disney Store locations will shut their doors within the next two weeks.
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