Say Goodbye Forever: These Stores Are Closing Locations This Year

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Have you noticed several big stores closing down in your city? Well, this isn’t just happening around your area but around the whole country. Several big stores are about to shut down this year, and many want to know why. Big stores such as Macy’s and JCPenny have been struggling ever since the pandemic, and now that the economy is not looking good, these companies are starting to shut down stores all over the country.

Several big-name stores are now switching to online sales as the internet has taken over everything as everybody started ordering things online due to the pandemic. Some of these big stores have been around forever, so it would be sad to see them go. So if you want to see what big stores are about to shut down this year then stick around.

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Bed Bath & Beyond

Bed Bath & Beyond has been around since the 1970s and is one of the most popular retail stores. There is a Bed Bath & Beyond in almost every shopping center, but in 2021, the company closed down over 200 stores that were not performing too well.

The company also announced that they were closing down another 43 stores last year and plan to do more in the future so that they can save the company from going under. However, it is now a penny stock, all locations are closed, and the brand was sold to a group that is operating it solely through e-commerce.

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Express

Express clothing stores have been around since 1980 and were founded in Chicago, Illinois. The fashion retailer supplied people with the latest fashion trends during the 1980s, which led to several locations being opened around the country. Express got so big that it expanded to countries such as Mexico, Costa Rica, and Panama.

The company was doing well for a while until it faced financial troubles in recent years. Express has already closed down close to 100 stores this year and is set to close down the remaining ones next year as they are looking to liquidate the company.

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Office Depot

Office Depot was founded during the 1980s and became one of the most popular office supply stores in America. The biggest competitor, Staples, is in much better shape now than Office Depot, as they have already closed down several stores across the country and are set to close down more.

The company also announced that it would be laying off around 13,000 employees by 2024 and has plans to ditch the retail market and become an IT services provider. Who knows if Office Depot will last, but it is one more store on this list.

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Stein Mart

Stein Mart is another retail clothing store that was affected by the pandemic. Stein Mart was founded in the early 1900s and was one of the most popular retail clothing stores at one point in time. Things are quite different for Stein Mart now, as the pandemic led to several stores closing down across the nation.

The company eventually filed for bankruptcy and recently announced that it would be closing down all of its stores. It is sad to see so many old companies go because of recent events, but that is how the market works.

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Walgreens

Walgreens has been around since 1901 and was founded in Chicago, Illinois. Walgreens is considered to be the second-largest pharmacy store in the nation but has recently been through some tough financial times.

Walgreens has already closed down over 200 stores as they have seen a decrease in sales ever since the pandemic, and now that the economy doesn’t look good, it has decided to close down even more stores this year. Walgreens operates in several countries worldwide and has announced that it will be closing a number of them down.

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Men’s Warehouse

Men’s Warehouse, which is owned by Tailored Brands, has been around since the 1970s but has recently found itself in a pickle as it has resorted to closing down many stores around the country. The company announced that it would be closing up to 500 stores within the next couple of years as it is unable to support them all.

The pandemic was one of the main reasons why Tailored Brands had to take action and start closing down stores as it was not able to survive. The economy was the other reason that forced Tailored Brands to rethink its strategy.

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Signet Jewelers

Signet Jewelers has been around since 1949 and owns several big-name jewelers, including Zales, Kay Jewelers, and Jared. The company has been supplying Americans with jewelry for years but has been through some rough financial times lately. The company has been struggling ever since the pandemic and decided to close down a number of its stores to keep the company afloat.

Signet Jewelers has already closed down 150 stores last year and plans to close down more this year. The future is uncertain for Signet Jewelers, but it looks like they are trying everything to keep the company alive.

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Elf Cosmetics

Elf Cosmetics has been around since the early 2000s and specializes in women’s cosmetics. The company is known for being “cruelty-free” of animals, and this was one of its main marketing slogans. The company has seen better times in the past as it had to close down all of its storefronts in 2020 as it was not able to survive the pandemic.

Elf Cosmetics decided to focus on selling its cosmetics online, and it is doing pretty well. The company is hoping that it can eventually open up storefronts again but are not 100% sure that will happen in the future.

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Pier 1 Imports

Pier 1 Imports has been around for years and originally came out of Texas. The department retail store specializes in imported furniture that is unique compared to other furniture stores. Pier 1 Imports became so popular that it built stores in other countries, such as Japan. Things started to decline for the company around 2010 and have gotten worse in recent years.

Pier 1 Imports closed down 450 stores around the world and announced that it would be closing the 450 stores that are left by the end of this year. The company is in full liquidation mode, and it’s only a matter of time before it disappears.

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Winn Dixie

Winn Dixie is a grocery store that was created in the southeastern part of the United States and has been supplying people with food for years with groceries. The company had been doing pretty well for a while until recently when it had to file for bankruptcy. The pandemic didn’t help the supermarket chain either, which had to close down 94 stores during the pandemic.

Now, there are only a couple of Winn Dixie grocery stores left, and the company is looking to close down the rest in the future. This is just another company that has died because of the economy.

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GameStop

GameStop has been around since the 1980s and has been supplying kids with video games ever since. GameStop isn’t as popular anymore, sadly, because the internet has taken over the gaming industry, as people are able to buy games online and don’t require a physical disk anymore. Because of this, GameStop has seen a dramatic decrease in sales which resulted in many stores closing down.

GameStop has already closed down several hundred stores since the pandemic and plans to operate solely online within the next couple of years as they don’t see its storefronts lasting.

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Justice

Justice was founded in 2004 and became one of the most popular retail stores that carried clothes for teenage girls. The company was doing super well during the mid-2000s but started to see a decline in sales after 2015. Once the pandemic hit, this led Justice to close down over 600 stores across the nation.

Justice plans to close down the remaining stores this year as they are in full liquidation mode, so we won’t be seeing any more Justice storefronts in the future as this company has not been able to survive the pandemic and this not-so-good economy.

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Sears

Sears is one of the oldest companies that has been around since 1892 and was one of the biggest retail sales in the nation. Sadly, Sears has seen better days as it was hard not to shop at Sears back in the day, but now there are only a few remaining as the company has filed for bankruptcy.

Sears had known for a while that it would not last much longer, so it decided to liquidate the company slowly so that it could get the most out of the remaining stores. It is only a matter of time before all Sears are closed down.

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Disney Stores

Disney is one of the largest corporations in America and has several stores around the world, as people go crazy for its merchandise. But things haven’t been looking too good for Disney’s storefronts, as they have seen a decline in sales ever since the pandemic. Disney has already closed down over 100 stores since the pandemic and plans to only have a small number of stores in the future.

Disney has also started to see a record low in park attendance, as it seems that people are looking to save as much money as they can nowadays.

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Kmart

Kmart is another extremely old company that has been around since 1899. The company reached its peak in 1994 but has declined ever since. The company was destined to eventually close its door, which it did recently. There are only a couple of remaining stores in the nation, and they are set to close by the end of the year.

Kmart has operated for more than 100 years, but sadly, not every company can last. The first Kmart was opened in Garden City, Michigan, and became one of the most popular retail stores in the nation at its peak.

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Zara

Zara is a Spanish retailer that was founded in 1975 and has become world-famous for its trendy fashion lines. Recently, the company announced that it would be focusing more on its online sales and plans to close up to 1,200 stores worldwide.

Since the pandemic, Zara hasn’t been doing too well financially, as most of its storefronts have been empty for two years. Zara is looking for every way to save the company from going under and found that its online sales are keeping the company afloat. It is uncertain what the future looks like for Zara, but hopefully, it will be good.

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H & M

H & M has been around since 1947, supplying people with the latest fashion trends. The Swedish company, in recent years, has been struggling to survive in this economy and has already closed down several stores around the world. H&M already closed down 250 last year and plans to close down more.

The company is investing more in its website as online sales are what is keeping them from going under. H & M is still making some of the most fashionable clothes, but finding a store in the future might be challenging as they want to operate entirely online.

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Lowe’s

Lowe’s has been around since the 1920s and has been supplying Americans with home improvement items for years. One of their biggest competitors is Home Depot, and one of the reasons why the home improvement store hasn’t been doing so well. Lowe’s has already closed over 50 stores and plans to close more each year as it has been losing money for years.

The company is going through a slow liquidation so you might see Lowe’s stores around for a while, and there is still a chance the company can be bought and turned around. It is uncertain what Lowe’s future will look like.

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Victoria’s Secret

Victoria’s Secret has been around since the late 1970s and has become more significant than it ever thought. There is a Victoria’s Secret in almost every mall around the world, and it is one of the leaders in the lingerie industry. Women have chosen Victoria’s Secret over other brands, but recently the company has been facing some hard financial times.

Victoria’s Secret has already closed down over 250 stores since the pandemic and is set to close down even more this year as they find that its online sales are doing better than its storefronts. It is hard to imagine Victoria’s Secret no longer being around, but it might happen.

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Forever 21

Forever 21 was founded in 1984 in Los Angeles, California. The Korean-owned company became one of the biggest fashion retail stores in the world as it always had the trendiest clothes. The company blew up as it wasn’t afraid to change with the times, but recently the company has been struggling to stay alive.

Forever 21 eventually filed for chapter 11 bankruptcy and announced that it would be closing down all of its stores by 2022. The company also announced that it would still stay in business but only operate online, which has worked out for them.

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GAP

GAP was founded in 1969 and has been one of America’s most popular clothing retail stores. GAP exploded during the 1970s and 1980s, which made it a reputable brand. The company was doing well for a while until it started to see a decline in sales around 2010.

Since then, GAP has been closing down several stores every year as it is another company that is looking to switch the direction of the company to online sales. GAP plans to close down several stores this year with plans to close more next year as they are trying to save the company.

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Macy’s

Macy’s has been around since 1858 and was founded in New York City. It has grown to be one of the biggest department stores in America but has recently struggled to keep afloat. Since the pandemic, Macy’s hasn’t been doing so well and announced that it would be closing several stores this year.

The company already closed 45 stores around the country in 2021 and is scheduled to close down the same amount this year. Macy’s also announced that it is looking to close around 125 stores by the end of 2023, so this sadly might be the end for the long-lived company.

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JCPenny

JCPenny is another old company that has been around for years, as it was founded in 1902 in Kemmerer, Wyoming. JCPenny was just a general goods store when it first was around but has now become a multi-chain merchandising store that is in just about every mall around the country.

Sadly, JCPenny has seen better times as it resorted to closing down many stores across the country as it filed for bankruptcy. The company has already closed down over 200 stores and plans to liquidate the rest by the end of the year.

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Banana Republic

Banana Republic has been around since the late 1970s and became popular for selling items for a safari and travel lifestyle. The company has come a long way since then, as now it carries fashionable clothing. The company was doing pretty well for several years until the pandemic hit and the company’s stock crashed.

The company has announced that it will be closing down 130 stores by 2023 as it doesn’t see itself lasting much longer in this market. Banana Republic has already closed down 350 stores, and that number will only rise in the next year.

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Carter’s

Carter’s is one of the oldest companies on the list, as it was founded in 1865. The company has always specialized in clothing for children and has lasted over 150 years which is quite surprising. The company was able to survive several economic crises but has finally reached its end.

The company has already closed down several stores and plans to close down the remaining ones by the end of this year. So you won’t be seeing any stores in the future as this company is finally calling it quits. This is the fate of many older companies nowadays.

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American Eagle Outfitters

American Eagle Outfitters has been around since the late 1970s and is known for its American clothing lifestyle that became popular over the years. There is an American Eagle Outfitters store in just about every mall across America, but that has recently been changing as the company has closed down several stores recently.

The company announced that it would be closing down close to 500 stores as the economy has hurt the company. It doesn’t look that good for American Eagle Outfitters as they plan to reduce the number of stores to eventually zero.

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Chico’s

Chico’s is a retail store that was founded in 1983 and has been one of the leading stores that carry women’s clothing. Since times are changing and the internet is taking over, the company decided to close down 250 stores and plans to close down the rest by the end of the year.

Chico’s realized that it needed to make a change if it wanted to last and is hoping that online sales will keep the company from going under. So if you are looking for a storefront now, you probably won’t find any, as they are all closed down currently.

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Payless

Payless has been around since the 1950s and has been supplying Americans with footwear until recently. Payless announced that it plans to close down all of its 2,500 stores by the end of the year as it is in full liquidation mode. Once the pandemic hit, the company knew that it had no chance of surviving and filed for bankruptcy shortly after.

Payless was on the verge of going out of business for several years, and it wasn’t until the pandemic hit that it finally crumbled. You probably won’t find any Payless stores now, as most of them are gone.

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Gymboree

Gymboree has been around since the 1970s and became one of the most popular children’s clothing retail stores in the country. The company recently filed for bankruptcy as it wasn’t able to survive after the pandemic. Gymboree announced that it would be closing down 800 stores in the country and plans to close down the rest by the end of this year.

It is only a matter of time before this company fades away with time, as there is no chance it will survive. This has been the sad reality for several big companies around the world.

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Charlotte Russe

Charlotte Russe has been around since the 1970s and has been supplying women with some of the most trendy clothes over the years. The company was founded in California and had several locations across the country until recently. In 2019, the company announced that it would be closing down all of its 500 stores as the company was going under.

Now, there are no Charlotte Russe stores open, and the company has even closed down its website, which was keeping the company alive. This is just another company that has become a victim of the pandemic and economy.

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Destination Maternity

Destination Maternity is a retail store specializing in maternity apparel and was one of the leading companies in the industry. The company was founded in 1982 and became an ultimate hit as there was a need for maternity apparel at the time.

After the pandemic, Destination Maternity announced that it would be closing down all of its stores by the end of 2021. Now, the company only operates online and is hoping that it can eventually open a couple of smaller stores in the future, but it seems very unlikely. Who knows what the future of Destination Maternity will be?

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Starbucks

Starbucks has been around since the 1970s and has been serving not only Americans but people all over the world with hot and cold coffee. It is hard to believe that Starbucks has been struggling recently, but the rumors are confirmed as the company announced that it would be closing down around 150 stores that were not doing well.

Although Starbucks is the most popular coffee shop in the world, it still had trouble making money during and after the pandemic. It is unlikely that Starbucks will go under, but you never know with this economy.

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Christopher & Banks

Christopher Banks has been a leading retailer that specializes in women’s clothing for years. The company has been around since the 1950s but has seen better times as it recently announced that it would be closing down several stores across the nation.

Christopher Banks saw a steady decline in sales after the pandemic and knew that it needed to rethink its business strategy. Now, the company is focusing on online sales and wants to eventually close down all of its stores by the end of 2023. So there will probably be some massive sales once these stores close.

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Foot Locker

Foot Locker was one of the most popular footwear retailers in America and has seen better days as the company recently announced that it would be closing most of its stores by the end of 2022. Foot Locker wants to focus on online sales to keep the company alive.

There aren’t many Foot Locker stores left around the country, but the company has shifted its resources to online sales. Only time will tell if this company will survive, but it is unlikely as there are several companies in the same situation.

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J. Crew

J. Crew has been around since the 1980s and was one of the biggest clothing retailers for years until recently. In 2020, the company announced that it would be closing down six stores which it ended up doing. The following year, J. Crew closed down 30 more stores and planned to close down more this year.

The company is looking to save as much money as it can to survive, but it is unsure it can last in this economy. This is the sad truth for most retail companies around the world as several haven’t been able to make enough money to get by.

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The Vitamin Shoppe

The Vitamin Shoppe has been around since the late 1970s and, at one time, was America’s largest vitamin shop behind GNC. Recently the company has been going through some rough financial times and has announced that it would be closing down a majority of its stores. The company was largely affected by the pandemic and knew that it needed to do something about it.

The pandemic and economy have affected almost every type of retail store as sales were low and everything has now become expensive. The Vitamin Shoppe hopes it can pull through, but it is not looking good.

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Bebe

Bebe has been around since the 1970s and was founded in San Francisco, California. The company was created by Manny Mashouf, who ended up leaving the company in recent years, which has led to a decline in the company’s sales. Since the company lost around $4.6 million in revenue in 2020, it decided to close down several stores.

The future for Bebe is uncertain as it is close to filing for bankruptcy, which is never good. The company is trying to focus on online sales but isn’t sure if it will be enough to survive.

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Nine West

Nine West has been around since the 1980s and has several locations across the country. The fashion retailer was doing pretty well for several years and opened a store in just about every mall in America. It wasn’t until recently that the company announced that it was in debt of around $1.5 billion and eventually filed for bankruptcy.

Nine West has already closed down several locations around the country and plans to liquidate the rest to focus on online sales. It is uncertain if this will save the company, but the owners are counting on it.

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Francesca’s

Francesca’s has been around since the late 1990s and became one of the most famous women’s fashion stores. Customers loved the line of clothing that Francesca’s sold, which led to several storefronts opening in malls across the nation.

Now, things are looking quite different for Francesca’s as it has already closed down several stores after the pandemic did a number on it. The company had to file for bankruptcy as it was not able to survive through this brutal economy. A good number of stores are still open, but the company plans to close them all down in the coming years.

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Abercrombie & Fitch

Abercrombie & Fitch was founded in 1892 and has been supplying people with some of the most trendy clothes over the years. The company recently announced that it would be closing down several stores due to the pandemic and plan to close down several more in the coming years.

This comes as a surprise to most people as the company has been one of the top brands for years and has stores worldwide. But the pandemic and economy have changed things quite a bit, leading many companies to downsize. The company also announced that it would be closing a majority of its stores internationally.

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David’s Bridal

David’s Bridal was founded in 1950 and has been supplying Americans with wedding clothes for several years. When it comes to high-end gowns and formal wear, David’s Bridal knows how to deliver, but this has hindered them in recent years as people have resorted to buying cheaper gowns and formal wear.

David’s Bridal announced that it would be closing down a number of stores by the end of next year as it hasn’t been making as much money due to the economy. The future of David’s Bridal doesn’t look too good as it is losing more and more money every year.

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Bon-Ton

Bon-Ton has been around for over 100 years and has adapted well to the times, but recently things haven’t been looking so well for the old company. Bon-Ton filed for bankruptcy in 2018, which led to several stores closing down. Now there are little to none left as the company announced that it would be closing down all of its stores by 2022.

The company tried to survive through online sales, but that didn’t work, as Amazon was there to take all the business and offer the best prices. This is just another big store that is part of the past now.

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Claire’s

Claire’s has been around since the 1960s and was one of the most popular merchandising stores at one point in time. Things have changed dramatically for the company in recent years as it saw a decline in sales for a number of years. It wasn’t until the company filed for bankruptcy that it realized that it couldn’t operate any longer.

The company announced that it would be closing down all of its 130 stores by 2022, so by now, the stores are long gone.

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Shopko

Shopko was founded in 1962 and is based in Green Bay, Wisconsin. The department store became one of the biggest chains in the state and even expanded into other states. Everything went well for Shopko for years until it announced that it would close up to 70 percent of its stores.

The company then changed its mind and decided to close down all of its stores as it didn’t have a chance to survive the pandemic. Now, there are no more Shopko stores around as they were all closed down, and the company didn’t see a point in saving them.

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Ascena Retail

Ascena Retail owns Loft, Ann Taylor, Dress Barn, and Lane Bryant, which were pretty profitable in the past, but things haven’t been so well for the company in recent years. Ascena Retail has noticed a decline in revenue across the board and resorted to closing down around 700 stores across the nation.

Ascena Retail is not certain what its future will look like as all the stores that it owns are in a sharp decline. The company is hoping that online sales will keep some of these stores alive, but only time will tell.

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Lord & Taylor

Lord & Taylor has been around since the early 1800s and has been supplying Americans with high-end luxury clothing for years. The company has been able to survive for almost 200 years but is in pretty bad shape as the company announced that it would be closing down a significant portion of its stores.

Amazingly, Lord & Taylor was able to survive through the pandemic but has recently announced that it would be closing down more stores by the end of the year and focusing on online sales from now on. Lord & Taylor has the chance now to celebrate its 200th anniversary.

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GNC

GNC is another company that has seen better times, as it recently had to file for bankruptcy which led to the closure of 800 stores around the country. The company also announced that it would be closing a significant portion of its stores overseas, as GNC has over 7,300 stores worldwide.

The company is pretty hopeful as it has been focusing on pushing sales online, which has been working out for them. GNC is hoping to turn thing

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Party City

Party City has been supplying Americans with party supplies since the mid-1980s and was so big that it even expanded into Canada and Mexico. Party City was doing well for several years until it started to see a decline in sales once companies like Amazon became prevalent.

Right before the pandemic, the company announced that it would be closing down a portion of its stores. The company wasn’t able to survive the pandemic and announced that it would be closing down all of its stores by the end of 2022.

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Bloomingdale’s

Bloomingdale’s is a luxury department store that has been around since the mid-1880s. The company was one of the leading luxury department stores in the country and is known for its quality products. But Bloomingdale’s hasn’t been doing so well recently as the company announced that it would be closing down a portion of its stores due to the pandemic.

The company also announced that it would be closing down more stores this year but has assured customers that it is looking to keep a number of its stores open across the country. But only time will tell, as this economy isn’t looking good.

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