Retail stores that are closing in 2020

Is your favorite retailer going out of business this year?

Destination Maternity and Motherhood Maternity

Credit: Wikimedia Commons / Thomson200

Destination Maternity Corporation filed for Chapter 11 bankruptcy in October 2019 and simultaneously announced its plans to close 201 Destination Maternity and Motherhood Maternity stores. In a court document, the corporation blamed its bankruptcy filing and store closures to the retail industry’s turmoil, declining birth rates, high rents, and leadership turnover. The retailer has had five CEOs in the last five years.

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