Thread regarding Chico's FAS Inc. layoffs

Chico's closing 250 stores

I'm sure everybody saw or heard by now about the 250 closing stores as part of "re-balancing" or whatever it is with online presence. However, I've been reading up on it and it seems that most of the closings will not take place before next year and the one after it.

Which should mean we are safe until then, right? And that most of us will have enough time to find a new job by then.

Still, that's not much of a comfort, considering that we have no idea which stores are on the top of the closing list. I guess we all have to stress and worry until the first wave is announced.

If anybody has any info on which stores are closing this year, please share here and spare some of us the misery that the following months will be.

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| 1881 views | | 2 replies (last July 4, 2021) | Reply
Post ID: @OP+Xsc8EXp

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I have a chico gift card. can I get a reund????

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Post ID: @edlqi+Xsc8EXp

"The Company expects to close approximately 100 Chico's, 90 White House Black Market and 60 Soma locations over the next three years, with the majority of the closings occurring in years two and three.

In fiscal 2019, the closures are expected to be approximately 60 to 80 stores. The closings will be across all brands and weighted to the second half of the fiscal year. The closings are expected to have minimal impact on sales and earnings in fiscal 2019."

This is from the press release for the Fourth Quarter and Fiscal Year 2018 Results

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Post ID: @1kumu+Xsc8EXp

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