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Drake
Trends
- 1Mall retailer closes 16 stores, partners with Drake●Popular mall retailer quietly closes 16 stores, then bets on Drake
A well-known mall-based retailer has quietly shut down 16 locations while simultaneously announcing a business move involving the Canadian rapper Drake. The store closures add to ongoing pressure on shopping-mall chains, which have been trimming footprints as consumer habits shift. The tie-up with Drake suggests the brand is turning to celebrity-driven marketing to revive interest and attract younger shoppers.