{"id":20557,"date":"2019-02-28T23:00:21","date_gmt":"2019-02-28T23:00:21","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=20557"},"modified":"2019-02-28T23:18:37","modified_gmt":"2019-02-28T23:18:37","slug":"retail-apocalypse","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/retail-apocalypse\/","title":{"rendered":"<Retail apocalypse>"},"content":{"rendered":"<p>Gap, JCPenney, and Victoria&#8217;s Secret announced more than 300 store closures this week.<\/p>\n<p><!--more--><\/p>\n<p>The\u00a0fallout from the retail apocalypse\u00a0is far from over.<\/p>\n<p>Major U.S. retailers have announced more than 300 store closures over the course of 24 hours this week.<\/p>\n<p class=\"\">Gap said Thursday (February 28th) that it would\u00a0<a href=\"https:\/\/www.businessinsider.com\/gap-to-close-230-stores-2019-2\" target=\"_blank\" rel=\"noopener\">close 230 namesake stores<\/a>\u00a0in the next two years, as it reported that the brand&#8217;s same-store sales fell 7% during the holiday quarter. The company also said it would\u00a0<a href=\"https:\/\/www.businessinsider.com\/old-navy-splits-off-from-gap-2019-2\" target=\"_blank\" rel=\"noopener\">spin off its Old Navy brand<\/a>.<\/p>\n<p class=\"\">Earlier in the day, JCPenney said it would\u00a0<a href=\"https:\/\/www.businessinsider.com\/jcpenney-stores-closing-2019-2\" target=\"_blank\" rel=\"noopener\">close 27 stores in 2019<\/a>, including 18 full-line department stores and 9 home and furniture stores. The department store chain said same-store sales fell 4% during the fourth quarter.<\/p>\n<p class=\"\">Victoria&#8217;s Secret&#8217;s same-store sales also fell during the holidays, dropping 3% during the quarter. The company said late Wednesday that it would\u00a0<a href=\"https:\/\/www.businessinsider.com\/victorias-secret-store-closings-2019-2\" target=\"_blank\" rel=\"noopener\">close 53 stores this year<\/a>, citing a &#8220;decline in performance.&#8221;<\/p>\n<p class=\"\">These announcements will bring the number of planned\u00a0<a href=\"https:\/\/www.businessinsider.com\/stores-closing-this-year-2019-2\" target=\"_blank\" rel=\"noopener\">store closures this year<\/a>\u00a0to nearly 4,500.<\/p>\n<p><em><strong>Read here the complete article from\u00a0<a class=\"byline-link byline-author-name\" href=\"https:\/\/www.businessinsider.com\/author\/hayley-peterson\" target=\"_blank\" rel=\"noopener\" data-e2e-name=\"byline-author-name\">Hayley Peterson<\/a>\u00a0in Business Insider.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gap, JCPenney, and Victoria&#8217;s Secret announced more than 300 store  [&#8230;]<\/p>\n","protected":false},"author":8,"featured_media":20558,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[99,1385,1887,1889,69,1888],"class_list":["post-20557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ceo","tag-ceo-northam","tag-closures","tag-gap","tag-retail","tag-victorias-secret"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=20557"}],"version-history":[{"count":3,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20557\/revisions"}],"predecessor-version":[{"id":20561,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20557\/revisions\/20561"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/20558"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=20557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=20557"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=20557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}