✉news LifeFashion first seen 6 h ago, last 6 h ago, peak #28
Budget fashion brand to close 120 stores across dozens of states
A budget fashion brand is set to close 120 stores across dozens of US states, in what would mark a significant retreat for the discount retailer on the high street. Details on the timeline of the closures and how many jobs will be affected have not been confirmed, but the scale of the shutdowns is drawing attention amid ongoing pressure on low-cost fashion chains.
Why now: Store closures at a major budget retailer raise concerns about job losses and the health of discount fashion retail.
Evidence
- Budget fashion brand to close 120 stores across dozens of states · The Independent
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