LifeWay Christian Stores Closing
Posted/updated on: March 22, 2019 at 1:03 pmNASHVILLE – The largest Christian retail chain in America has announced plans to close all 170 stores this year and shift its offerings entirely online. A couple of months ago LifeWay Christian Resources announced plans to reduce its locations this year due to declining sales and financial pressures. LifeWay now announces it will close all of its stores. That includes the Tyler store on South Broadway and the Longview store on North Eastman Road. LifeWay says all of its brick an mortar stores will be closed by the end of the year. The Baptist Press reported LifeWay hadn’t had sales exceed its operating expenses in more than a decade. The margin between the two grew from $2.3 million in 2010 to $35.5 million in 2017.