J.Crew to close store at SouthPark Mall

What we're watching: It's unclear whether the store will reopen in a new location. Multiple store associates, however, told Axios a new store will open in South End.

Zoom out: SouthPark is J.Crew's flagship store in Charlotte, but there are four factory locations in the area.

Editor's note: This story has been corrected to reflect the store will close on May 25 (not May 24 as a spokesperson previously told Axios).