America’s Retail Apocalypse: Latest store closings

by Dr. Eowyn

The retail apocalypse of America’s brick-and-mortar stores continues.

Here are the dying or dead retail stores (USA Today):

  • All Dressbarn stores are closing.
  • Forever 21 filed for Chapter 11 bankruptcy protection Sept. 29, 2019, hobbled by expensive leases and declining mall traffic. The family-owned company said it would close “most” of its stores in Asia and Europe and up to 178 stores in the U.S.
  • Pier 1 Imports could close up to 145 stores, and so far says it is looking to shutter 57.
  • Sears announced a round of closings on Aug. 6 that included 21 stores closing in October and additional locations will close by the end of the year.
  • J.C. Penney announced in February 2019 that it planned to close 27 stores.
  • Kmart is closing more than 100 stores in 2019.
  • Gap Inc. announced in February 2019 that it would close roughly 230 stores over two years.
  • GNC is closing up to 900 stores and many mall stores are expected to be shuttered.
  • Barneys New York filed for bankruptcy Aug. 6 and is closing 15 of its 22 stores.
  • 390 Family Dollar stores could close in 2019 and 200 others will be rebranded under the Dollar Tree name.
  • Macy’s announced plans to close eight stores.
  • The final Shopko stores closed in June 2019.
  • The last Payless ShoeSource stores in the U.S. closed in June 2019.
  • Charming Charlie will close its 261 stores in Chapter 11 bankruptcy.
  • LifeWay Christian Resources announced it would close all of its stores in 2019.
  • Bath & Body Works is opening and closing stores in 2019.
  • Hundreds of Charlotte Russe stores closed in April, but now the brand’s new owner is opening new Charlotte Russe stores.
  • All Gymboree stores closed in spring 2019, but the Children’s Place purchased the company’s rights and plans to relaunch the brand.

~Éowyn

 

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