47. Journeys
How Many Stores Closing: Over 100
Current Value of the Business: $363.45 million* (Genesco)
Journeys, a popular retailer specializing in footwear, accessories, and apparel for the younger demographic, is set to close over 100 stores by year-end 2023, as reported by Krazy Koupon Lady.

This strategic move will enable Journeys to save up to $40 million, providing vital breathing space to adjust to the evolving retail environment post-2020. The decision to close more than 100 stores goes beyond previous plans, attributed to shifts in consumer preferences and a dip in sales.
