Monday, November 5, 2018

Destination Maternity closing up to 67 stores while boosting online sales

USA Today
Destination Maternity Corp. will trim its retail network – and shrink some stores – as part of a turnaround plan, the company’s top executive has announced.

“We intend to close between 42 and 67 stores and leased shops by year-end 2019,” CEO Marla Ryan said, noting the troubled firm wants to reduce brick-and-mortar expenses while boosting online sales.. . . more