"The company had a not-so-great 2018 holiday sales season and says it's closing 150 stores as part of a three-year plan to lose 13% of its more than 3,500 locations around the globe. Signet is most eager to pull out of dying malls. It says it's shifting to more "off-mall" locations."
https://moneywise.com/a/retailers-closing-stores-in-2019