Retail stores that are closing in 2020

Is your favorite retailer going out of business this year?

e.l.f. Cosmetics

Credit: Facebook / e.l.f. Cosmetics

The makeup brand closed all its 22 retail locations in February 2019. Since the stores were shut down, the brand’s products have remained available on the company’s website and in various drugstores nationwide. During the company’s fourth-quarter and full-year fiscal 2020 conference call in May, e.l.f. Cosmetics chairman and CEO Tarang Amin said that the store closures was their “biggest cost savings initiative to date.”

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