FatFace has confirmed the closure of 23 stores in the United States and Canada, impacting 145 jobs. The decision stems from rising costs and economic uncertainty affecting physical retail. Though the North American locations will close, FatFace continues to operate 175 stores in the UK and will maintain an online presence for North American customers. Future plans focus on expanding digital offerings to additional countries beyond the US and UK, indicating a shift towards online retail strategies.
FatFace confirmed it will be shuttering 23 stores in the United States and Canada due to economic uncertainty and increased costs that made the physical store model unviable.
The company told Fast Company that rising costs made the physical store model unviable at this time, significantly impacting 145 jobs.
After the North American stores are shuttered, FatFace will continue to sell its wares to Canadian and U.S. customers online.
The company's future expansion plans will focus on digital offerings to additional countries beyond the U.S. and the U.K.
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