These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Francesca’s

A woman’s clothing and accessories chain, Francesca’s has been struggling for a while now. The store’s prices aren’t all that great, which has been one of their biggest problems to date. Since that’s the case, not many people come in at all, and getting people in the door is only the first step. If they aren’t managing with that, it isn’t very surprising that their sales are so low. In 2019, they’re closing as many as 40 of its locations across the country.

Francesca's

Francesca’s

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CVS

When you hear that CVS is shutting down 46 stores this year, that can sound rather alarming. That is until you hear that they’re shutting down 46 of their 9,600 stores! CVS made the decision to shut down some of their “underperforming” stores, which makes sense. One of these stores includes the largest CVS in the country, which is a 64,000 square-foot location in Springfield, Missouri. Seeing as the average CVS is 13,000 square feet, it’s hard to imagine how large this store was. Even though 46 stores are closing, CVS is still going strong for now.

CVS

CVS

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