These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Avenue

Another chain that’s completely disappearing by the end of 2019 is the plus-size women’s clothing, Avenue. The chain, which began as Sizes Unlimited back in 1983, decided to shut down all its stores in the United States. The chain had been looking for a buyer and warned employees that if it couldn’t find one, it would have to shut down.

Avenue

Avenue

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Gap

In February, Gap said it would close 230 stores over the next two years as it reported that the brand-name stores had a 7% sales decrease during the holiday quarter. While the Gap was a huge hit at one point, that isn’t the case anymore seeing as younger shoppers seem to gravitate towards trendier and cheaper clothing at Target or “fast-fashion” chains like H&M.

Gap

Gap

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