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

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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