Can retail be rescued? Why so many U.S. stores are closing
The national plus-size clothing store chain Avenue is closing all its locations.
The chain has one location in the Fresno area, on Shaw Avenue in Clovis near Villa Avenue and the Ross Dress for Less. A handful of others in the Central Valley are also closing.
Avenue sells women’s sizes from 14 to 32, including work clothing like dresses and casual clothing like leggings. It has 222 stores in 33 states.
Going-out-of-business sales have started, with discounts of 30% to 50%.
The company that announced the closures and is handling the sales did not say why the stores are closing. However, the New York Post reported this month that Avenue, owned by a private equity firm, had 60 days to find a buyer of the stores or it would close.
Avenue is facing the same challenges as other retailers in a changing retail landscape, including increased competition from online sales.
Shoppers often turn to stores that carry plus sizes along with other sizes, including Macy’s, Steinmart, Walmart, Target, Old Navy and Talbots. Both locations of locally owned Revival 23 in Clovis and Kingsburg also carry plus sizes.