UPDATE: It's been a few short months since beauty retailers have slowly started reopening across the country, and while makeup sales have continued to plummet amid the pandemic — seeing an overall decline of 52 percent in the category, according to NPD data — shopping as a whole is still going strong. It just looks…
Read More »The Children’s Place Is Closing Over 600 Stores Across the US in the Next 20 Months
Popular kids' clothing store The Children's Place is closing around 625 brick-and-mortar US locations over the next 20 months. According to a conference-call transcription about the company's 2020 earnings, reps for The Children's Place said the COVID-19 outbreak "significantly increased" its original closing plans, as ecommerce sales have picked up since the pandemic began. The…
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