A Beloved Clothing Store Chain Now Makes An Unexpected Closure

A beloved clothing store chain now makes an unexpected closure of its last location in this state after 17 years in business.

Urban Outfitters shut its final location in Brooklyn, New York, and left a message for fans.

This store had been in the Cobble Hill neighborhood for 17 years.

A sign on the store’s front door said its final day was June 23, according to the Brooklyn Paper.

This note was joined by one that confirmed this branch was gone for good.

“This Urban Outfitters is closed indefinitely please redirect any business/returns to any Urban Outfitters in Manhattan or Long Island,” the sign said.

This closure came quickly after another Brooklyn branch disappeared a few weeks before.

Another Urban Outfitters store in Williamsburg closed in April.

Despite the locked doors and window sign, this location has still been listed as open on the retailer’s website.

The Cobble Hill location was in a historic landmark building.

The bricks above the store had been painted with a sign that read: “John Curtin Inc. Sail Makers and Canvas Goods.”

Urban Outfitters is known for its trendy clothes and other cool items like vinyl records and even furniture.

The company has reportedly had a drop in its in-store sales, according to a press release from the chain’s parent company URBN.

Despite this, the brand’s online sales have continued to improve, reports The US Sun.

However, Urban Outfitters has not been the only fashion company to be hit with closures.

The fashion chain Express filed for bankruptcy in April, The U.S. Sun previously reported.

Express recently bid farewell to six branches across New Jersey.

The struggling retailer said it planned to close nearly 100 locations after it filed for bankruptcy.

JCPenney has also announced several store closures as the brand looks to make some major changes.

The company’s CIO said the chain had a $1 billion investment plan to make many technical upgrades.

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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

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Market News Today - A Beloved Clothing Store Chain Now Makes An Unexpected Closure.
Market News Today – A Beloved Clothing Store Chain Now Makes An Unexpected Closure.

An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.

TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.

This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.

The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.

Today, Fridays will welcome in famished diners at its location in Brick for the final time.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.

“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”

Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.

“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.

“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.

Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.

The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.

Also Read: Retirees Will Now Receive More Money For Social Security

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Market News Today - A Beloved Clothing Store Chain Now Makes An Unexpected Closure.
Market News Today – A Beloved Clothing Store Chain Now Makes An Unexpected Closure.

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