The store has also lowered its forecast for the fourth quarter and full year due to heavy markdowns, a report in the Chicago Sun Times said on Friday. Shutters would be brought down on stores in 9 locations, including Los Angeles, Colorado, Hawaii, Indianapolis, St Louis, among others. The company said the closures would cost about $65 million.
Catch up on all the stunning images that made the headlines last week
Denmark topped the list of the 144 nations.
London has become the world's most expensive city to live and work, overtaking Asian hotspot Hong Kong, according to study by real estate adviser, Savills.
