Retailer plans to shutter 250 stores

Chico’s FAS plans to close locations from its network in the next three years.

By Business Observer Staff
| 3:45 p.m. January 14, 2019
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Chicoâ€™s FAS President and CEO Shelley Broader says the company plans to conduct an expanded review of all operations.

Charlotte–Lee–Collier

FORT MYERS — The balance between brick and mortar and online and TV-based sales continues to shake out at Fort Myers-based women’s retailer Chico’s FAS.

The chain, in its latest move, announced plans to close at least 250 stores in the U.S. over a three-year period. The closings will be across the company’s three brands — Chico’s, Soma and White House | Black Market — and are weighted to years two and three, officials state in a release. The company currently operates some 1,400 stores nationally.