Meanings of unprofitable stores in English

Lanvin has been closing unprofitable stores and cutting advertising spending to control costs.

The Reading, Pennsylvania, company plans to close 10 unprofitable stores.

Closing unprofitable stores made sense as did investing in online.

It cannot afford to support unprofitable stores, it added.

He wants the company to close more unprofitable stores.

The group goes on to closes 500 unprofitable stores and revamps others with wider aisles and better lighting.

Starbucks said the result was not because of weakness in the business but reflected the closure of unprofitable stores.

It is also assessing the viability of unprofitable stores and curbing capital allocation for new stores and developments, Engelbrecht added.

The move comes as Woolworths' management seeks to offload unprofitable stores in an attempt to turn the struggling chain around.

The filing for bankruptcy would alleviate the financial strain, and help the company get rid of unprofitable stores across the world.

Aeropostale also reported a 16 percent drop in quarterly sales as it discounted heavily to attract shoppers and closed unprofitable stores.

Sears had earlier announced the separate closing of 46 unprofitable stores, and said Monday that is expected to be completed next month.

Tesco last week revealed the identities of 43 unprofitable stores it will close in an attempt to turn around the embattled company.

The company has already shut 17 unprofitable stores and confirmed plans to close at least 23 more.

As consumers cut back on spending, scores of retailers have trimmed staff, closed unprofitable stores and sought to renegotiate their leases for better terms.

It also had to close 43 unprofitable stores and place a further 46 on review in an attempt to stave off administration.