Bebe to Close all of Its Stores in May

Content Manager

Women’s apparel retailer Bebe is joining the unfortunately growing list of failed retail chains, announcing it will close its doors at the end of May after a string of losses.

USA Today reported that Bebe had 180 locations as of Jan. 2, the closing, coming without the usual bankruptcy filing, resulted from a lack of foot traffic in shopping malls as well as strong competition from Amazon.

Sales for Bebe for the first six months of fiscal 2017, ending Dec. 31, totaled $189.2 million, down 13.5% from the previous year.  Bebe reported a net loss of $13 million during the period, down from a $22.5 million loss the year before.

Other retailers that have either closed their doors or filed for bankruptcy this year include The Limited, Wet Seal, Gander Mountain, hhGregg and American Apparel.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.