A Famous Clothing Brand is Now Pulling Out of DC
A famous clothing brand is now pulling out of DC after a location was ransacked by thieves, with a farewell note being left to customers.
Lululemon has abruptly shut down a location that was ransacked by thieves.
“Our location is closing,” the note read, according to local news site PoPville.
“Our time at this location is coming to an end.
We’ve loved being a part of this community and are grateful to have been here!”
The message encouraged shoppers to take one last trip to the store before it shut down for good.
The 14th Street store in Northwest Washington closed permanently on Sunday, July 21, 2024.
The chain signed their goodbye note with “yours in sweat, lululemon 14th Street.”
The farewell note did not give a reason as to why this particular location was closing, but it does not appear to be linked to sales numbers.
The company has yet to confirm why this location has been closed, but the move comes less than a week after it was robbed, reports The US Sun.
Lululemon has been the target of numerous theft attempts in Washington DC this year, per the outlet.
The 14th Street store was not the only Lululemon in Washington to be targeted.
Two other stores in the city were robbed on the same day – the Georgetown and Penn Quarter stores.
Four people were seen carrying out the thefts, according to surveillance footage obtained by Fox affiliate WTTF.
Lululemon has been abruptly exiting cities across the US, and several more closures are on the horizon.
The Pacific Place store, in Seattle, Washington, was closed in April 2024, and the company has said that an additional four stores will close in the coming future.
The National Retail Federation has reported a significant rise in retail crime in the US.
Retailers reported $112 billion in losses in 2022, up from $93 billion in 2021.
Lululemon is not the only shop in the US that has experienced theft.
With rising inflation, many stores have become subject to this crime.
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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois
Other Economy News Today
A beloved grocery chain now confirms unexpected closures across the Northeast taking place by the end of the year.
Grocery chain Stop & Shop has announced that a total of 32 underperforming locations will shutter in the U.S.
The company said the select stores across the Northeast will be closed before the end of the year.
Stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island will close by November 2.
In May, the company announced the coming store closures.
“Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand,” company president Gordon Reid said, per a July 12 press release.
The company’s president added that the closures were essential “to create a healthy base for the future growth of our brand.”
Fortunately, employees will be offered other positions within the company, according to a press release.
The grocery outlet first opened in 2014 and currently has around 400 stores and 60,000 employees, per Fox affiliate KRLD.
Stop & Shop is owned by Ahold Delhaize which also owns Food Lion, Giant Food, and Hannaford.
Which grocery stores are closing?
In New Jersey, 10 locations will close, while only seven will close in New York.
Rhode Island will see two closures and Massachusetts, the home of the first location, will be closing eight.
Five stores will also be closing in Connecticut.
As other chains such as Walmart and Amazon join the grocery business, it has pushed traditional grocery stores out of view, reports The-Sun.
Stop & Shop hopes the closure of underperforming stores will create “future growth” for the company.
Also Read: Retirees Will Now Receive More Money For Social Security
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