Destination Maternity
Considered the world’s largest designer and retailer of maternity wear, Destination Maternity is finding itself in hot waters. As of 2018, Destination Maternity has over 1,000 stores in the United States, Puerto Rico and Canada. Fun fact, Destination Maternity is the store flagship for Motherhood Maternity and A Pea in the Pod. In October of 2019, Destination Maternity filed for Chapter 11 Bankruptcy, and it is beginning the process to close 183 stores in the US. Guess the baby-making business is about to find a shortage in shops.
Destination Maternity
99 Cents Only
Offering discount products – it seems odd that a shop that is available to the masses could go bankrupt and yet, here we are. Who could be competition to the 99 Cents Only store? In the US, the 99 Cents Only store is in competition with Dollar Tree and Dollar General. Who knew a whole cent could make such a difference. In 2017 there was a $33.6 million-dollar loss, followed by another $8.8 million the following quarter.
99 Cents Only
