Bebe Is Closing All 175 of Its Stores | NBC 7 San Diego

Bebe Is Closing All 175 of Its Stores

The chain had previously said it was committed to closing 21 locations, CNBC reported

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    NEWSLETTERS

    Some major retailers, struggling to compete with online companies, have been forced to close brick-and-mortar locations. Here are some of the biggest names affected by the change in consumer habits.

    (Published Tuesday, April 18, 2017)

    Bebe expects to close all of its brick-and-mortar locations by the end of May, the clothing retailer said in a filing Friday with the Securities and Exchange Commission.

    The chain had previously said it was committed to closing 21 locations, which represented roughly 12 percent of its total outlets, CNBC reported.

    The move comes amid speculation that the company plans to transition to an online-only model.

    Bebe didn't immediately respond to CNBC's request for comment.