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Francesca’s to Close 140 Stores as Bankruptcy Still on the Table

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Women’s specialty apparel retailer Francesca’s is set to close 140 of its roughly 700 mall-based stores by the end of January. The chain raised the specter of a bankruptcy filing in May when it posted fourth-quarter results, warning that widespread temporary coronavirus store stores weighed heavily on its operations. The Houston-based company had skipped rent…

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