Major mall fashion retailer known for its celebrity ads abruptly shuts 20 underperforming stores across the US
Guess, once a massive clothing and jeans staple in American malls, has announced it will close 20 stores this year. The company said it is targeting 'underperforming' locations, but hasn't revealed which stores will shutter. 'We expect to reduce our North American store fleet by roughly 20 stores by the end of the year,' the company's CEO, Carlos Alberini, said during the company's earnings call. 'Traffic declines into our retail stores have persisted.
Read More >> Full Article on Source: CELEBS MAG
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