Another women’s clothing retailer is closing 120 stores, including a location at the Cincinnati Premium Outlets in Monroe.
BCBGMAXAZRIA announced it will close 120 stores across the U.S. over the next eight to 10 weeks. The only store impacted in Ohio currently is the outlet store in Monroe. All other BCBG stores will remain open as now.
The BCBG location at the Tanger Outlets in Jeffersonville closed in June, according to a spokesman for the outlet mall.
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“These stores either are unprofitable or have untenable lease agreements,” a company spokesman wrote to this newspaper. “BCBG is committed to taking the necessary steps to realign our brand going forward. We will focus on the future by investing in our partner relationships, driving sales in our remaining stores, exploring licensing opportunities, and expanding our digital reach.”
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The company also said it is re-positioning its brands and operations with a focus on e-commerce sales, in-store boutiques, wholesale and licensing arrangements. A closing date for the Monroe store is not known.
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BCBG is just one of many retailers to announce store closures in 2017. The Limited shut down all brick-and-mortar locations, including local stores, and filed for bankruptcy. Macy’s, Sears, Kmart and Ann Taylor will also cut select locations.
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