From a complete exit by a popular boutique chain to the closure of a celebrity chef’s newest venture, here is the breakdown of the major closures hitting the Pelican State this February.
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1. Francesca’s
- The Status: Total Market Exit
- The Impact: In the most significant retail development of the month, the national boutique chain Francesca’s is reportedly closing all its Louisiana locations. This includes its prominent storefronts at the Mall of Louisiana and Perkins Rowe in Baton Rouge.
- Why: The retailer is shifting to a digital-first model after facing continued financial headwinds. “Going Out of…