World News

Kik to Close Hundreds of Stores

July 11, 2026Сергей Рязанцев1 мин

The discounter chain Kik, which previously experienced continuous growth, will be closing hundreds of its branches this year. It appears that the expansion pace might have been too aggressive. Approximately 300 locations are slated for closure. A concerning detail is that many employees affected by these upcoming closures have not yet been officially informed by the company.