The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in
online shopping
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the r ...
and then by the
economic impact of the COVID-19 pandemic
The COVID-19 pandemic has had far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock ...
.
Retailers A–D
*
A.C. Moore announced on November 25, 2019, that all 145 of its stores would close.
The Michaels Companies
The Michaels Companies is an American retail holding company, headquartered in Irving, Texas. It was formed as a parent company of Michaels in 2014,
, The Michaels Companies operates its flagship brand, Michaels (in the United States and Canad ...
acquired its trademarks and websites, one distribution center, and the intellectual property rights of A.C. Moore for $58 million; Michaels also took over 40 store leases.
*
Abercrombie & Fitch
Abercrombie & Fitch (A&F) is an American lifestyle retailer that focuses on casual wear. Its headquarters are in New Albany, Ohio. The company operates three other offshoot brands: Abercrombie Kids, Hollister Co., and Gilly Hicks. As of Februar ...
has closed 300 stores under its own brands, including
Hollister Co.
Hollister Co., often advertised as Hollister or HCo., is a retail brand owned by Abercrombie & Fitch Co, selling apparel, accessories, and fragrances. Goods are available in-store and through the company's online store. Hollister uses a narrativ ...
and
abercrombie kids
Abercrombie Kids (stylized as abercrombie kids) is a children's clothing brand owned by Abercrombie & Fitch, introduced in 1998. Targeting consumers aged 7–14, the concept is designed as the children's version of its parent company A&F. There ar ...
, since 2015.
* Aerosoles (AGI HoldCo) filed for
Chapter 11 bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...
in September 2017 and closed 74 retail stores, leaving only four
flagship store
A flagship is a vessel used by the commanding officer of a group of naval ships, characteristically a flag officer entitled by custom to fly a distinguishing flag. Used more loosely, it is the lead ship in a fleet of vessels, typically the fi ...
s in New York and New Jersey.
*
Aéropostale filed for Chapter 11 bankruptcy in May 2016 and closed 113 stores in the United States, along with all of its 41 stores in Canada. It emerged from bankruptcy in September.
* A'gaci filed for Chapter 11 bankruptcy in February 2018 and announced plans to close 49 of its 76 stores.
[9 fashion retailers on life support](_blank)
Pamela N. Danziger, Forbes.com
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family (publishers), Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing ...
2018/01/14 The chain filed for its second bankruptcy and liquidation on August 7, 2019, closing the remaining 54 stores with plans to auction its intellectual property.
*
ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
as to why. The shoe chain emerged from bankruptcy two years later.
*
Alfred Angelo bridal stores shuttered all locations on July 13, 2017, with little advance notice. Frustrated customers were handed bankruptcy forms after walking away empty-handed.
[
] The company's corporate offices were abandoned and stores across the United States emptied and shuttered, but the store's official website remained active with no reference to the closure.
*
American Apparel
American Apparel Inc. is an online-only retailer and former brick-and-mortar stores operator based in Los Angeles, California. Founded by Canadian businessman Dov Charney in 1989, it was a vertically integrated company that ranked as one of the ...
closed all of its stores, a total of 110, in April 2017 after being acquired by
Gildan Activewear
Gildan Activewear Inc. is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, sport shirts and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The ...
. 2,400 workers were laid off.
[
* ]American Eagle Outfitters
American Eagle Outfitters, Inc., also known as American Eagle, is an American lifestyle, clothing, and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverma ...
announced that it would close up to 200 to 250 mall-based locations in January 2021 while expanding its subsidiary Aerie significantly. Shares rose for the company afterward, ending up making Aerie a brand of over two billion dollars.
* The Andersons
The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts ...
, a conglomerate based out of Toledo, Ohio
Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and according ...
, announced in January 2017 that it would close its remaining stores in Ohio. The stores closed in June 2017 after 65 years in business.
*Ann Taylor Ann or Anne Taylor may refer to:
*Ann Taylor (writer, born 1757) (1757–1830), English writer
*Ann Taylor (poet) (1782–1866), English poet and children's writer, daughter of the above
*Ann Taylor (actress) (born 1936), British actress, hostess a ...
parent company Ascena Retail Group filed for Chapter 11 bankruptcy protection in July 2020, stating that it planned to permanently close a "significant" number of Justice stores, along with certain Ann Taylor, Loft, Lane Bryant, and Lou & Grey stores, in addition to permanently closing all of its stores in Canada, Puerto Rico, and Mexico, and closing all 326 stores under the Catherines brand. In November 2020, it was announced that the remaining Justice locations would be shuttered by early 2021.
* Arden B
Wet Seal is an American fast fashion retailer, headquartered in Los Angeles, California. The retailer specializes in selling clothing and accessories. The company was founded in Newport Beach, California, by Lorne Huycke in 1962 as "Lorne's". ...
closed all stores by 2015 as part of a turnaround plan by parent company Wet Seal
Wet Seal is an American fast fashion retailer, headquartered in Los Angeles, California. The retailer specializes in selling clothing and accessories. The company was founded in Newport Beach, California, by Lorne Huycke in 1962 as "Lorne's". Th ...
.
* Art Van Furniture
Art Van Furniture Inc. was an American furniture retail store chain, with stores across the Midwestern United States. Founded in 1959, the company was headquartered in Warren, Michigan, and claimed to be the largest furniture retailer in the Midwe ...
, which had 300+ stores across the Midwest, announced on March 5, 2020, that it would close all stores. The company was founded by Archie "Art" Van Elslander, who opened the first store in 1959 in southwest Michigan.
* AT&T
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile tel ...
closed more than 250 locations permanently and laid off 3,400 of its staff in 2020.
* A&P, once America's largest retailer with 15,709 stores at its peak, closed its remaining supermarkets in November 2015 after 156 years in business.[
][ This included its namesake chain, along with ]Food Basics
Food Basics Ltd. is a Canadian supermarket chain owned by Metro Inc. The company operates over 130 stores throughout Ontario.
History
Food Basics was created by A&P Canada to compete with the successful No Frills warehouse-style supermarket ...
, The Food Emporium
The Food Emporium is a chain of grocery stores in New York and New Jersey. The supermarket banner was created by Shopwell Inc., whose roots can be traced to Daitch Crystal Dairies (established 1919). Shopwell Inc. was acquired by The Great Atlan ...
, Pathmark
Pathmark is a supermarket brand owned by Allegiance Retail Services, a retailers’ cooperative based in Iselin, New Jersey, USA. Pathmark currently has one location in East Flatbush, Brooklyn, New York, which it has operated since 2019.
From ...
, Super Fresh and Waldbaum's
Waldbaum's was a supermarket chain with stores in the New York City boroughs of Brooklyn, Queens, Staten Island, and the Bronx; and in Nassau, Suffolk counties and Upstate New York. The chain also for a time operated stores in New Jersey, Connect ...
, with over half of its stores sold to Acme Markets
Acme Markets Inc. is a supermarket chain operating 161 stores throughout Connecticut, Delaware, Maryland, New Jersey, the Hudson Valley of New York, and Pennsylvania and, as of 1999, is a subsidiary of Albertsons, and part of its presence in t ...
, Key Food
Key Food Stores Co-op, Inc. is a cooperative of independently owned supermarkets, founded in Brooklyn, New York, on April 20, 1937. Its stores are found in Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, and Florida. The headqua ...
(which included its Food Emporium chain and the Super Fresh trademark) and Stop & Shop
The Stop & Shop Supermarket Company, known as Stop & Shop, is a regional chain of supermarkets located in the northeastern United States. From its beginnings in 1892 as a small grocery store, it has grown to include 406 stores chain-wide.
Sto ...
.
* Bath and Body Works announced the closure of 50 US stores and 1 Canadian store, along with the opening of 26 new stores, in May 2020 due to sales slumping amidst the COVID-19 pandemic.
* Barneys New York
Barneys New York Inc. is an American luxury brand founded in New York City in 1923. It has introduced major designers including Armani, Azzedine Alaïa, Comme des Garçons, Christian Louboutin, and Ermenegildo Zegna to the US market.
Barneys N ...
filed for bankruptcy on August 6, 2019. 15 of 22 stores closed, including Barneys flagship stores in Las Vegas, Chicago, and Seattle in addition to all but two of its outlet stores. In early 2020, it was announced that the remainder of Barneys' locations would be liquidated.
* BCBG Max Azria
Max Azria (January 1, 1949 – May 6, 2019) was a Tunisian-Jewish-born American fashion designer who founded the contemporary women's clothing brand BCBG MAX AZRIA. Azria was also the designer, chairman and CEO of the BCBG Max Azria Group,Musta ...
announced the closure of its stores in 2017, planning on going to department stores and online only. BCBG Max Azria Group filed for Chapter 11 bankruptcy protection on February 28, 2017, and was taken over by Marquee Brands and Global Brands Group
Global Brands Group Holding Limited () is a bankrupt holding company that has its own brand of apparel and footwear, as well as being a brand management company. It designs, develops, markets and sells products under a diverse array of owned and ...
.[
* ]Bebe
Bebe, Bèbè, Bebé, Bébé or BeBe may refer to:
People and fictional characters
* Bebe (given name), a list of people and fictional characters with the given name or nickname
* Bebé, footballer Tiago Manuel Dias Correia (born 1990)
* Bebé (f ...
announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172.[
]
* Bed Bath and Beyond announced in April 2019 that it will close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse, and in late summer of 2022, Bed Bath and Beyond announced plans to close 150 stores, lay off 20% of its corporate and supply chain staff, and eliminate the role of COO and CSO within the company. Liquidity was raised to about $1B after a loan and additional financing were secured. Bed Bath and Beyond's stock was also down on the market by 28%. Analysts warned that the company was teetering on the edge of a Chapter 11 bankruptcy filing, citing that it may be too late to turn things around and that the company could default on its debt. Further exacerbating the financial woes, CFO Gustavo Arnal committed suicide only a few days after the store closures were announced. After months of continued losses and empty shelves, the chain warned that it was unable to pay off its debts and would potentially file for bankruptcy. In late January 2023, Bed Bath and Beyond announced the closure of an additional 87 stores, the liquidation of its Harmon Face Values chain, and the closure of 5 buybuyBaby stores. On February 8, 2023, Bed Bath and Beyond announced that it would close another 150 stores, selling its stock and raising $1B in an effort to stave off a bankruptcy filing. Days later, the chain's Canadian division was declared insolvent and began closing its 54 stores.
* Best Buy
Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ...
issued forecasts of a 2.2% compound annual growth rate through 2021; analysts noted that competition from Amazon.com
Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economi ...
likely played into the low growth expectations.[
Joe Ciolli]
Best Buy is the latest victim of the retail apocalypse as pressure from Amazon sends shares plunging 10%
''Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publ ...
'' September 19, 2017
Its shares dropped 10% in value (roughly $1.7 billion in market value
Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with ''open market value'', ''fair value'' or ''fair market value'', although the ...
) on the news. On March 1, 2018, Best Buy announced that it would close all 250 Best Buy Mobile stores in the United States by the end of May 2018. However, the Best Buy Mobile locations in Canada remained open.
* Blockbuster Inc.
Blockbuster LLC, formerly known as Blockbuster Video, was an American-based provider of home video and video game rental services. Services were offered primarily at video rental shops, but later alternatives included DVD-by-mail, streaming med ...
filed for bankruptcy in 2010; a vast majority of locations closed within years. As of March 1, 2019, only one video store worldwide, in Bend, Oregon
Bend is a city in and the county seat of Deschutes County, Oregon, United States. It is the principal city of the Bend Metropolitan Statistical Area. Bend is Central Oregon's largest city, with a population of 99,178 at the time of the 2020 U.S ...
, nicknamed ''The Last Blockbuster'', remains out of over 9000 the chain once had.
* Bloomingdale's
Bloomingdale's Inc. is an American luxury department store chain; it was founded in New York City by Joseph B. Bloomingdale, Joseph B. and Lyman G. Bloomingdale in 1861. A third brother, Emanuel Watson Bloomingdale, was also involved in the bus ...
announced in 2012 that it would close four stores, including at the Mall of America
Mall of America (MOA) is a large shopping mall located in Bloomington, Minnesota, United States. Located within the Minneapolis–Saint Paul metropolitan area, the mall lies southeast of the junction of Interstate 494 and Minnesota State Highway ...
in Bloomington, Minnesota
Bloomington is a suburban city in Hennepin County, Minnesota, on the north bank of the Minnesota River, above its confluence with the Mississippi River, south of downtown Minneapolis. As of the 2020 census, the city's population was 89,987, ma ...
. Additionally, a home store at Oakbrook Center
Oakbrook Center is a shopping center located near Interstate 88 and Route 83 in Oak Brook, Illinois. It was originally opened in 1962. It is the second largest shopping center in the Chicago metropolitan area by gross leasable area, only surp ...
in Oak Brook, Illinois
Oak Brook is a village mostly in DuPage County with a small portion in Cook County in Illinois. Per the 2020 census, the population was 8,163. This suburb of Chicago has the headquarters of several companies and organizations including Ace H ...
and full line stores in Perimeter Mall
Perimeter Mall is a shopping mall in Perimeter Center, Dunwoody, Georgia, a suburb of Atlanta, near the interchange of Interstate 285 (the Perimeter) and Georgia State Route 400. It is the second largest shopping mall in the state of Georgia, ...
in Dunwoody, Georgia
Dunwoody is a city located in DeKalb County, Georgia, United States. As a northern suburb of Atlanta, Dunwoody is part of the Atlanta metropolitan area. It was incorporated as a city on December 1, 2008 but its area establishment dates back to t ...
and at White Flint Mall
White Flint Mall was a shopping mall, located along Rockville Pike, in Montgomery County, Maryland, that closed in early 2015 and demolished thereafter. Its former anchors were Lord & Taylor, Bloomingdale's, Dave & Buster's, H&M, Loews Theatr ...
in North Bethesda, Maryland
North Bethesda is an unincorporated, census-designated place in Montgomery County, Maryland, United States, located just north-west of the U.S. capital of Washington, D.C. It had a population of 50,094 as of the 2020 census. Among its neighb ...
have closed their doors. On January 3, 2013, Bloomingdale's announced that they would close the Las Vegas
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...
Home store at Fashion Show Mall
Fashion Show is a shopping mall located on the Las Vegas Strip in Paradise, Nevada. It was developed by Summa Corporation and Ernest W. Hahn, the latter also serving as general contractor. Construction began on March 15, 1979, and the project wa ...
.
* The Bon-Ton
Bon-Ton Holdings Inc. is an American online retailer and former department store chain founded in 1898. After rapid expansion in the 1990s and early 2000s, the original company had financial troubles, ultimately filing for bankruptcy in 2018 ...
, a regional department store operator, filed for Chapter 11 bankruptcy on February 5, 2018. The company said it would close 42 stores. On April 17, 2018, the Bon-Ton announced plans to go out of business after being purchased by two liquidators.
* Borders Group
Borders Group, Inc. (former NYSE ticker symbol BGP) was an American multinational book and music retailer based in Ann Arbor, Michigan, United States. In its final year, the company employed about 19,500 people throughout the U.S., primarily in ...
, which included its namesake chain, along with Waldenbooks
Waldenbooks, operated by the Walden Book Company, Inc., was an American shopping mall-based bookstore chain, from 1995 as a subsidiary of Borders Group. The chain also ran a video game and software chain under the name Waldensoftware, as well as a ...
, filed for bankruptcy and closed all of its stores in 2011.
* Brooks Brothers
Brooks Brothers, founded in Manhattan, New York, in 1818, is the oldest apparel brand in continuous operation in America. Originally a family business, Brooks Brothers produces clothing for men, women and children, as well as home furnishings. B ...
filed for Chapter 11 bankruptcy in July 2020. It has been announced that a fifth of its stores will be closed along with all three of its American factories.
* Brookstone
Brookstone is a chain of retail stores in the United States and China. It was founded as a mail-order business in 1965, when it started selling items, such as dental clamps and other specialty tools. Its first physical location opened in 1973 ...
filed for bankruptcy on April 3, 2014. In early 2018, some news reports said that Brookstone has quietly been closing locations, including at SouthPark Mall, Eastview Mall
Eastview Mall, located in Victor, New York (near Rochester, New York), is an upscale indoor shopping center owned and managed by Wilmorite Properties.
The mall is anchored by the traditional chains Von Maur, Macy's, JCPenney, and Dick's House ...
, and Destiny USA
Destiny USA (stylized as destiny usa and also known by its former name Carousel Center) is a six-story, automobile-oriented super-regional shopping, dining, and entertainment complex on the shore of Onondaga Lake in the city of Syracuse, New York ...
among others. On August 2, 2018, Brookstone announced they would be shuttering all their mall-based locations to focus on their website and airport locations, days after the company was considering filing for bankruptcy.
* Bose
Bose may refer to:
* Bose (crater), a lunar crater
* ''Bose'' (film), a 2004 Indian Tamil film starring Srikanth and Sneha
* Bose (surname), a surname (and list of people with the name)
* Bose, Italy, a ''frazioni'' in Magnano, Province of Biella ...
shut down all of its 119 retail stores in 2020 in order to follow a "dramatic shift" to online shopping only.
* Carter's
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
Carter's sells its products through its own Carter's and OshKosh B'gosh retail stores, its website, and in other retail ...
announced the closure of at least 200 stores in an earnings call in October 2020; the children's apparel chain planned to close about 80% of its locations by 2022.
* Century 21 shuttered its 13 locations across the east coast of the US in September 2020 as a result of bankruptcy proceedings. The company, however, would announce the return of its New York City flagship store in spring 2023.
* Charlotte Russe filed for Chapter 11 bankruptcy protection on February 4, 2019, and announced plans to close 94 stores. It had renegotiated its debts in 2018 and planned on liquidating if it could not be sold by February 17. It closed its online operation and began liquidating its brick-and-mortar inventory on March 7. Less than two weeks after all of its locations had been liquidated, the company announced a comeback and would reopen 100 locations in the United States.
* Charming Charlie filed for Chapter 11 bankruptcy protection on December 11, 2017, planning to close 97 of its stores. Charming Charlie emerged from bankruptcy in April 2018, but later announced in July 2019 that it would close all of its remaining locations. However, the company had a major resurgence 18 months after the second bankruptcy filing and has since reopened various locations.
* Chico's FAS
Chico's FAS is an American women's clothing and accessories retailer founded in 1983 on Sanibel Island, Florida. The company was founded by Marvin and Helene Gralnick and is headquartered in Fort Myers, Florida. Chico's FAS operates four brands: ...
closed 120 stores by 2017 and another 50 stores closed by 2018. The company announced a further 40 store closings in June 2022.
* The Children's Place
The Children's Place Inc. is a specialty retailer of children’s apparel and accessories headquartered in New Jersey. It also markets apparel under the Children's Place, Place, Baby Place, and Gymboree brand names.
As of October 31, 2015, it o ...
announced on June 11, 2020, that 300 stores across the United States, Canada, and Puerto Rico would be closing in the following months.
* Christopher & Banks filed for bankruptcy on January 14, 2021, and announced it would be closing all of its 449 stores in 44 states.[
* ]Claire's
Claire's (formerly known as Claire's Boutiques, Claire's Boutique and Claire's Accessories) is an American retailer of accessories, jewelry, and toys primarily aimed toward tween and teen
girls. It was founded in 1961 and is based in Hoffman E ...
filed for bankruptcy on March 19, 2018, and closed 92 stores in the process. It emerged from bankruptcy in October.
* Coldwater Creek closed all stores in 2014 and became an online-only retailer operated by Sycamore Partners until a new store opened in Burlington, MA in early 2018.
* Crate & Barrel's children's line Land of Nod
The Land of Nod (Hebrew: – ''ʾereṣ-Nōḏ'') is a place mentioned in the Book of Genesis of the Hebrew Bible, located "on the east of Eden" (''qiḏmaṯ-ʿḖḏen''), where Cain was exiled by God after Cain had murdered his brothe ...
closed all of its retail stores in February 2018.
* CVS Pharmacy
CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. It was also known as, and originally named, the Consumer Value Store and was founded in Lowell, Massachusetts, in ...
announced in November 2021 that it plans to close 900 stores over a three-year period, starting in spring 2022.
* David's Bridal
David's Bridal is a clothier in the United States that specializes in wedding dresses, prom gowns, and other formal wear. It is the largest American bridal-store chain.
David's Bridal currently operates 298 stores in 49 states, Canada, and the U ...
declared Chapter 11 bankruptcy in November 2018 to reorganize and shed $400 million in debt.
* Dean & DeLuca announced closures of 31 of 36 U.S. locations on July 11, 2019, while suffering from major cash flow problems.
* Deb Shops
Deb Shops was a specialty retail chain store and catalog in the United States, selling women's clothing and accessories under its own private labels, as well as other labels, then exclusively an online retailer. The company was based in Philadelph ...
went through its second bankruptcy in December 2014 and closed all its stores in March 2015. The company continued as online only plus size retailer from September 2015 until 2018.
* Destination Maternity
Destination Maternity Corporation (formerly Mothers Work, Inc.) is the world's largest designer and retailer of maternity apparel, based in Moorestown, New Jersey.
As of July 1, 2020, Maternity IP Holdings, formerly Destination Maternity, operate ...
, owner of maternity chains Motherhood Maternity and A Pea in the Pod, filed for Chapter 11 bankruptcy in fall 2019 and announced the closure of 180 stores with more closures to be expected. All Motherhood Maternity and A Pea in the Pod locations were closed by the end of 2019, although A Pea in the Pod would eventually re-launch brick-and-mortar operations with concept stores in Chicago and New York.
* The Walt Disney Company
The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...
announced on March 3, 2021, that at least 60 of its physical Disney Store
The Disney Store is a chain of specialty stores selling only Disney related items, many of them exclusive, under its own name and Disney Outlet. It was a business unit of Disney Consumer Products with the Disney Parks, Experiences and Products s ...
locations in North America would close and that the company would focus more on its e-commerce operations.
* DressBarn
Dressbarn.com (branded as dressbarn) is an online retailer owned by Retail Ecommerce Ventures. Its predecessor is the former chain of women's clothing stores owned by Ascena which operated as Dressbarn from 1962 until 2019. Since 2020, it is owne ...
announced the closing of the entire 650 store chain on May 21, 2019.
Retailers E–I
* Express announced that it would be closing all of its Canadian stores in May 2017, citing a challenging Canadian retail environment and poor exchange rates.
* Family Christian Stores
Family Christian (formerly called Zondervan Book Store, Family Book Stores, and Family Christian Stores) headquartered in Grand Rapids, Michigan is a Christian themed web retailer.[Family Dollar
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 and i ...]
announced the closure of up to 390 of its 8,326 locations on March 6, 2019. Parent company Dollar Tree
Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a ''Fortune'' 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its st ...
also said it would convert 200 others to Dollar Tree.
* Forever 21
Forever 21 is a multinational fast fashion retailer headquartered in Los Angeles, California, United States. Originally founded as the store Fashion 21 in Highland Park, Los Angeles in 1984,Forever 21History & Facts, n.d. Retrieved 27 April 2014 ...
filed for Chapter 11 bankruptcy in late September 2019 due to the company's large amount of debt. The company announced that it was going to close up to 178 of its 850 American stores and most of its stores in Europe and Asia. Speculation about the bankruptcy started to arise in late August 2019.
* Fossil
A fossil (from Classical Latin , ) is any preserved remains, impression, or trace of any once-living thing from a past geological age. Examples include bones, shells, exoskeletons, stone imprints of animals or microbes, objects preserved ...
announced some store closures and a restructuring campaign in 2016. Years later, the watch company was profoundly impacted by COVID-19 and announced the closure of at least 75 locations in March 2021.
* Francesca's filed for Chapter 11 bankruptcy protection on December 4, 2020, and 275 of its locations were closed. It was sold to TerraMar Capital LLC in January 2021 and exited from bankruptcy.
* Fred's
Fred's Inc. (stylized ''FRED'S'') was a retail store chain headquartered in Memphis, Tennessee, operating in 15 states in the southeastern United States. As of June, 2019 Fred's operated 396 locations, of which 155 are pharmacies, and the remain ...
, a variety store and pharmacy chain based in the southeastern United States, filed for Chapter 11 bankruptcy on September 9, 2019, and announced that all of its remaining stores would be liquidated. At the time of Fred's bankruptcy filing, 80 stores remained out of the 568 that the company had operated in February 2019; the company had reduced its store count in multiple rounds since April in an attempt to improve profitability. The decline of Fred's was attributed in part to the aborted merger between the Walgreens Boots Alliance
Walgreens Boots Alliance, Inc. is an American-British-Swiss holding company headquartered in Deerfield, Illinois that owns the retail pharmacy chains Walgreens and Boots, as well as several pharmaceutical manufacturing and distribution companie ...
and Rite Aid
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. The company ranked No. 148 in the Fortune 500 l ...
in June 2017.
* Fry's Electronics
Fry's Electronics was an American big-box store chain. While operating, it was headquartered in San Jose, California in Silicon Valley. Fry's retailed software, consumer electronics, household appliances, cosmetics, tools, toys, accessories, ma ...
abruptly closed all 30 of its stores and its online operations on February 24, 2021. The chain had struggled with empty shelves and supplier issues during its final years of operation, fueling speculation that Fry's would close.
* Future Shop
Future Shop was a Canadian electronics store chain. It was established in 1982 by Hassan Khosrowshahi. By 1990, the chain had become the country's largest retailer of computer and consumer electronics. In January 2013, the company operated 139 l ...
, an electronics chain in Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
, had all of its locations abruptly closed by owner Best Buy in March 2015, with 66 locations closing permanently and 65 locations reopening as Best Buy on April 4, 2015.
* GameStop
GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas (a suburb of Dallas), and is the largest video game retailer worldwide. , the company operates 4,5 ...
announced plans on September 10, 2019, to close between 180 and 200 underperforming stores by the end of the fiscal year. GameStop has been affected by a shift in consumer purchasing habits of games, as makers have made it easier to purchase titles online for download, often through consoles, requiring no physical disc.[
]
* Gander Mountain
Gander Mountain, later known as Gander Outdoors and Gander RV, headquartered in St. Paul, Minnesota, was a retail network of stores for hunting, fishing, camping, and other outdoor recreation products and services.
History
Gander Mountain Inc ...
, an outdoor recreation retailer, announced in March 2017 that it was filing for bankruptcy and would likely close stores. In May 2017, the retailer announced that it was closing all 126 of its locations. However, CEO Marcus Lemonis then indicated that certain flagship stores, particularly in Michigan, might remain open depending on deals with store landlords and rental rates.[
] It was later clarified that likely around 70 stores would remain open, even those currently running liquidation sales, possibly as Camping World
Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in L ...
, which acquired the company.[
]
* Gap Inc.
The Gap, Inc., commonly known as Gap Inc. or Gap (stylized as GAP), is an American worldwide clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The c ...
announced in September 2017 plans to close 200 stores in 2018, mostly Gap and Banana Republic
In political science, the term banana republic describes a politically unstable country with an economy dependent upon the export of natural resources. In 1904, the American author O. Henry coined the term to describe Honduras and neighboring ...
stores while focusing their efforts on Old Navy
Old Navy is an American clothing and accessories retailing company owned by multinational corporation Gap Inc. It has corporate operations in the Mission Bay neighborhood of San Francisco, California. The largest of the Old Navy stores are its ...
and Athleta. On February 28, 2019, the company announced that they will split Gap Inc. into two separate companies, making Old Navy independent from Gap Inc. while at the same time announcing a closure of 230 Gap stores within the next two years.
* GNC closed over 900 stores in 2019, including between 300 and 400 of the chain's 800 shopping mall locations, which have been particularly hard-hit by declining foot traffic at malls overall.
* Godiva Chocolatier
Godiva Chocolatier (; ) is a Belgian-based international chocolate maker which is owned by Turkish conglomerate Yıldız Holding
Founded in 1926, it was purchased by Turkish Yıldız Holding in November 2007. In 2019, South Korean private equity ...
closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic.
* Golfsmith
Golfsmith International Holdings Inc. was an American golf specialty retailer based in Austin, Texas. Each store, along with golfsmith.com, housed a wide selection of golf clubs, shoes, apparel, gadgets and gear from all the major brands as well ...
filed for Chapter 11 bankruptcy and closed all stores in 2016. Assets were taken over by Dick's Sporting Goods and a select amount of locations became Golf Galaxy.
* Gordmans
Gordmans (stylized as gordmans) was a retailer founded in Omaha, Nebraska. The chain is owned by BrandX as of May 2022. In 2019, Stage Stores began converting other retail chains it owned into Gordmans stores, with the goal of having 700 Gordmans ...
filed for bankruptcy on March 13, 2017, with half of its 100 stores and the Gordmans brand bought up by Stage Stores
Stage Stores was a department store company specializing in retailing off-price brand name apparel, accessories, cosmetics, footwear, and housewares throughout the United States. Stores were usually located in shopping malls and centers or in s ...
. Under Stage, Gordmans was converted to a discount store, which had a renaissance; Stage moved to convert some of its Peebles
Peebles ( gd, Na Pùballan) is a town in the Scottish Borders, Scotland. It was historically a royal burgh and the county town of Peeblesshire. According to the 2011 census, the population was 8,376 and the estimated population in June 2018 wa ...
stores to Gordmans. However, in May 2020, it was announced that Stage had filed for bankruptcy and would be going out of business, liquidating its nearly 800 department stores with no buyer found for the chain.
* Guitar Center
Guitar Center is an American Music store, musical instrument retailer chain. It is the largest company of its kind in the United States, with 294 locations. Its headquarters is in Westlake Village, California.
Guitar Center oversees various sub ...
laid off 180 of its 7,000 employees in 2015; by 2018, the retailer was said to be on the verge of bankruptcy due to unsustainable debt loads and the decreasing popularity of musical instruments. The company eventually filed for bankruptcy in November 2020.
* Gymboree
Gymboree Group, Inc. is a wholly owned subsidiary of The Children's Place.
History
Gymboree was founded by Joan Barnes in 1976.
Retail stores
In 1986, the company opened a chain of clothing stores named Gymboree. Gymboree stores offered coordi ...
first announced in the summer of 2017 that it would close 375-450 stores and subsequently announced in January 2019 that it would be shutting down all Gymboree and Crazy 8 stores after its second bankruptcy filing in two years. Its more upscale Janie and Jack
Janie and Jack is a children's clothing brand founded in 2002 in San Francisco, California. Their current product range includes clothing for newborns up to 24 months old, as well as boys and girls up to age 18. As of 2021, the brand currently op ...
business was sold to Gap.
* Haggen
Haggen Food & Pharmacy is a grocery retailer in Washington State.
Haggen is headquartered in Bellingham, Washington, where it started in 1933 when Ben Haggen, Dorothy Haggen, and Doug Clark opened the first store on Bay Street in Bellingham. Fo ...
, after expansion south of Washington state, filed for bankruptcy on September 8, 2015. On March 11, 2016, Albertsons
Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.
With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, the company is the second-larg ...
reached an agreement to acquire the 29 "core" Haggen stores for $106 million, with 15 retaining the Haggen branding.
* Hancock Fabrics closed its remaining 185 stores in 2016 as a result of its Chapter 11 bankruptcy filing. A vast majority of its stores were sold to Michaels.
* Hastings Entertainment
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop. As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky M ...
, which filed for bankruptcy in June 2016, closed all stores by the end of 2016.
* hhgregg
H. H. Gregg, Inc. (stylized as hhgregg or HHgregg on their website) is an American online retailer and former retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, that operated stores in ...
, which filed for bankruptcy in March 2017, announced that it would close all 220 of its remaining locations in April 2017.
* HMV Canada
HMV Canada Ltd. was a Canadian entertainment retailer, owned by Hilco. The company was originally a subsidiary of HMV in the United Kingdom until it was sold to Hilco Capital in 2011. HMV itself would later be bought by Hilco in 2013. HMV Canada ...
announced that it would file for receivership on January 26, 2017, and close all of their stores by April 30, 2017.
* Henri Bendel
Henri Bendel, Inc. (pronounced BEN-del), established in 1895, was a women's department store based in New York City which in its later history sold women's handbags, jewelry, luxury fashion accessories, home fragrances and gifts. Its New York Ci ...
announced in September 2018 that it would be shutting down by early 2019.
* Hudson's Bay Company
The Hudson's Bay Company (HBC; french: Compagnie de la Baie d'Hudson) is a Canadian retail business group. A fur trading business for much of its existence, HBC now owns and operates retail stores in Canada. The company's namesake business div ...
announced in February 2019 that it will close all 37 Home Outfitters
Home Outfitters (known as Déco Découverte in Quebec; originally called Bed, Bath & More) was a Canadian retail home decor chain, owned by Hudson's Bay Company, that sold bedding, towel
A towel is a piece of absorbent cloth or paper used for d ...
stores across Canada. In August 2019, the company announced that all Hudson's Bay locations in the Netherlands would be closed by the end of the year. The company had only entered the Dutch market two years previously.
Retailers J–R
* JCPenney
Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is a midscale American department store chain operating 667 stores across 49 U.S. states and Puerto Rico. Departments inside JCPenney stores include Mens, Womens, Boys, Gir ...
announced in February 2017 that it would close 138 stores in 2017. Liquidation sales began on May 22 and stores closed by July 31.[
] Another 8 stores and a distribution center closed in 2018 while over 50 additional stores were expected to close between mid-2019 and late 2020. JCPenney filed for bankruptcy on May 15, 2020, and announced plans to close at least 242 stores.
* J. Crew
J.Crew Group, Inc., is an American multi-brand, multi-channel, specialty retailer. The company offers an assortment of women's, men's, and children's apparel and accessories, including swimwear, outerwear, lounge-wear, bags, sweaters, denim, dr ...
closed 61 stores in 2017 and sporadically closed additional individual stores in the first quarter of 2018. On May 4, 2020, J. Crew announced its filing for Chapter 11 bankruptcy.
* Kenneth Cole Productions
Kenneth Cole Productions, Inc. is an American fashion house that was founded in 1982 by Kenneth Cole and Sam Edelman.
History and operations
Cole originally named the company Kenneth Cole Incorporated in September 1982 and planned to showcas ...
shut down its 63 outlet stores in 2016 to focus its efforts on its e-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain manageme ...
site.
* KIKO MILANO US branch filed for Chapter 11 bankruptcy on January 12, 2018, closing most of its stores in the United States.
* Kit and Ace
Kit and Ace is a Canadian clothing brand.
History
Kit and Ace was founded in 2014 by Shannon Wilson, former lead designer of Lululemon Athletica, and her stepson J. J. Wilson.
The company was founded to sell machine-washable cashmere woo ...
closed all its stores in the US, UK, and Australia in April 2017, focusing on e-commerce and its 9 Canadian shops.
* Kohl's
Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. it is the largest department store chain in the United States, with 1,165 locations, operating stores in every U.S. state except Hawai ...
closed 18 stores in March 2016, although the company hasn't closed more stores as of August 2018 and only plans to shrink future Kohl's locations.
* La Senza
La Senza Corporation is a Canadian fashion retailer that sells women's lingerie and intimate apparel. The La Senza brand is currently owned by Regent which operates and owns La Senza stores in Canada and the United States and uses a franchise mo ...
was the dominant lingerie retailer in Canada at its peak, with 322 domestic locations and 497 franchised international locations in January 2009 for a total of 819 locations. Facing fierce competition, the retailer suffered a great decline and the loss of its Canadian dominance. As of September 2020, La Senza has a total of 277 locations worldwide: 74 Canadian stores, one United States location, and 202 franchised international stores.
* The Limited
The Limited was an American clothing retailer that operated retail stores between the early 1960s and the late 2010s. After 2007, it became a brand, originally owned by the private equity firm Sun Capital Partners, now owned by another private equ ...
filed for bankruptcy in January 2017, went out of business, and closed its remaining 250 stores, but Sycamore Partners bought its IP.
* LifeWay Christian Resources
Lifeway Christian Resources, based in Nashville, Tennessee, is the Christian media publishing and distribution division of the Southern Baptist Convention and provider of church business services. Until the end of their physical retail presenc ...
, the publishing arm of the Southern Baptist Convention
The Southern Baptist Convention (SBC) is a Christian denomination based in the United States. It is the world's largest Baptist denomination, and the largest Protestant and second-largest Christian denomination in the United States. The wor ...
, announced that it would close all of its 170 LifeWay Christian Stores by the end of 2019 and shift its focus to its e-commerce business.
* L'Occitane
L'Occitane en Provence, "the Occitania, Occitan woman (in Provence)," commonly known as L'Occitane, is a French luxury retailer of body, face, hair, fragrances, and home products based in Manosque, France. Founded in 1976 by Olivier Baussan, wi ...
filed for Chapter 11 bankruptcy in January 2021 and announced the closure of 23 unprofitable stores in its US branch.
* Lord & Taylor
Lord & Taylor was the oldest brick and mortar department store in the United States, in business from 1826 to 2020. The brand was purchased during former owner Le Tote's 2020 liquidation bankruptcy and relaunched by new owner, Saadia Group, as ...
announced on June 5, 2018, that it would close 10 stores throughout 2019, representing 1 in 5 of its store count. This comes after parent company Hudson's Bay announced planned to shutter the Fifth Avenue store in New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
after they sold the property to WeWork
WeWork Inc. is a provider of coworking spaces, including physical and virtual shared spaces, headquartered in New York City. As of December 31, 2021, the company operated of space, including in the United States and Canada, in 756 locatio ...
. On May 5, 2020, Lord & Taylor announced that it would liquidate all of its locations.
* Lowe's
Lowe's Companies, Inc. (), often shortened to Lowe's, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada. A ...
announced in August 2018 that it would be closing all Orchard Supply Hardware locations. In November 2018, Lowe's announced that it intended to close 51 stores in North America as part of a plan to improve profitability.
* Lucky's Market
LM Acquisition Co. LLC , doing business as Lucky's Market, is a group of two separate supermarket chains in Colorado and Ohio that started in Boulder and briefly became a national chain before it shrank back to its home state. Founded in 20 ...
closed all but 7 of its stores by February 12, 2020.
* Macy's
Macy's (originally R. H. Macy & Co.) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated wi ...
announced plans in March 2017 to close at least 68 stores and eliminate more than 10,000 jobs. In January 2020, the chain announced that it would close 125 additional stores by the end of 2022.
* Marsh Supermarkets
Marsh Supermarkets was an American retail food chain headquartered in Indianapolis, Indiana, with a peak number of 86 stores in 2013 located throughout central Indiana and parts of western Ohio (including metropolitan Cincinnati). Its eventual p ...
announced on May 11, 2017, that they were filing for Chapter 11 bankruptcy protection and that if they did not find a seller in 60 days, they would close their remaining 44 locations.[
][
] Marsh eventually found buyers for 26 of its 44 stores. The remaining 18 were to be liquidated and closed and some of the other 26 would also be liquidated, as only the buildings were purchased, but not the stores' stocks of inventory. The remaining locations were purchased by Kroger
The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States.
Founded by Bernard Kroger in 1883 in Cincin ...
and Fresh Encounter and have since been shuttered and rebranded.
* Mattress Firm
Mattress Firm Inc. is an American mattress store chain founded on July 4, 1986. The headquarters of the company is located in Houston, Texas.
Business
Before its bankruptcy in 2018, the company operated over 3,600 locations in 48 U.S. states. M ...
filed for Chapter 11 bankruptcy on October 5, 2018. The company planned to close up to 700 of its over 3,200 company-owned stores, primarily in markets with multiple locations in close proximity to one another. Among the planned closures, at least 200 stores were slated for immediate closure. The company stated that it would not conduct liquidation sales for the affected locations, instead sending inventory to remaining stores, warehouses, or distribution centers. The company emerged from bankruptcy in November.
* MC Sports
MC Sports was an American retail sporting goods chain. Founded in Grand Rapids, Michigan in 1946, the chain operated 75 stores in the Midwestern United States before permanently closing in 2017 after filing for bankruptcy.
History
MC Sports b ...
closed all stores in 2017 as a result of bankruptcy.
* Michael Kors
Michael David Kors (born Karl Anderson Jr. August 9, 1959) is an American fashion designer. He is the chief creative officer of his brand, Michael Kors, which sells men's and women's ready-to-wear, accessories, watches, jewelry, footwear, and f ...
announced in 2017 that it would close 100 to 125 of its standalone stores over the next two years.
* Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...
announced on June 26, 2020, that the company would permanently close all but four of its 83 physical retail stores and focus on their e-commerce operations. All of the stores had been closed since March due to the COVID-19 pandemic. The four remaining locations, in New York City, London, Sydney, and Redmond, Washington
Redmond is a city in King County, Washington, United States, located east of Seattle. The population was 73,256 at the 2020 census, up from 54,144 in 2010.
Redmond is best known as the home of Microsoft and Nintendo of America.
With an an ...
, would be revamped as "Experience Centers".
* Modell's
Modell's Sporting Goods is an American online sporting goods retailer that had locations in the Northeastern United States. Modell's carries both sporting goods and related apparel. Modell's had more than 150 retail locations in ten states and th ...
filed for Chapter 11 bankruptcy in March 2020 and announced plans to liquidate all of its stores.
* Morphe Cosmetics abruptly shuttered all of its US locations on January 5, 2023, after facing years of financial losses, empty shelves, and controversies via its partnerships with YouTube
YouTube is a global online video platform, online video sharing and social media, social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by ...
influencers such as James Charles
James Charles Dickinson (born May 23, 1999) is an American beauty YouTuber and makeup artist. While working as a local makeup artist in his hometown of Bethlehem, New York, Charles started a YouTube channel, where he posts makeup tutorials. ...
and Jeffree Star
Jeffree Star (born Jeffrey Lynn Steininger Jr., November 15, 1985) is an American YouTuber, makeup artist, and former singer-songwriter. He is the founder and owner of Jeffree Star Cosmetics.
In 2009, Star released a studio album, '' Beauty Ki ...
. Employees had flocked to social media days prior to call out the company's lack of transparency over layoffs and dwindling inventory, leading to speculation about the chain's future. A few days later, Morphe's parent company, Forma Brands, would end up filing for Chapter 11 bankruptcy.
* Multiply
Multiplication (often denoted by the cross symbol , by the mid-line dot operator , by juxtaposition, or, on computers, by an asterisk ) is one of the four elementary mathematical operations of arithmetic, with the other ones being additi ...
announced on May 31, 2013, that it would close their operations. It announced that it planned to continue its business as an archive photo and video site with their new mobile app.
* Myer
Myer (stylised MYER, sometimes known as Myers) is an Australia, Australian mid-range to upscale department store chain. It trades in all Australian states and one of Australia's two self-governing territories. Myer retails a broad range of ...
announced the closing of three stores across Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
in September 2017.
* Neiman Marcus
Neiman Marcus Group, Inc. is an American integrated luxury retailer headquartered in Dallas, Texas, which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. Since September 2021, NMG has been owned by a group of investment compani ...
announced plans in September 2017 to close 25% of its Last Call outlet stores and would later shutter all but five of its Last Call stores in 2020. On April 19, 2020, Neiman Marcus announced that it would file for bankruptcy. The luxury chain filed for Chapter 11 bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...
in the Southern Court of Texas in May 2020.
* New York & Company
New York & Company, Inc. (NY&C) is an American workwear retailer for women. New York & Company apparel and accessories are sold through a nationwide network of retail stores, and through its e-commerce site.
New York & Company was founded i ...
shuttered all of its stores by late summer 2020 as a result of its parent company, RTW Retailwinds, filing for bankruptcy. In October 2020, its remaining assets were sold to New York investment company Saadia Group.
* Nike, Inc.
Nike, Inc. ( or ) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered ne ...
announced plans to shift towards e-commerce and decrease its retail partners from 14,000 to 40.
* Nine West filed for bankruptcy on April 6, 2018. They stopped selling shoes and closed their retail stores, shifting to online only.
* Nordstrom
Nordstrom, Inc. () is an American luxury department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original Wallin & Nordstrom store operated exclusively as a shoe store, and ...
was unable to go private in 2017 due to the retail apocalypse. On May 4, 2020, Nordstrom announced that it would shutter sixteen locations.
* Olympia Sports
Olympia Sports was a sporting goods Retail company. The company was founded in 1975 in Portland, Maine. Before it went under liquidation, Olympia Sports had 152 locations, mostly across New England, New York, and the Mid-Atlantic. It was headqua ...
announced the closure of all of its remaining stores in late July 2022. It had 35 stores at the time of the announcement, down from 225 at its peak.
* Party City
Party City Holdco Inc. is an American publicly traded retail chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. Party City’s parent organization is Party City Holdings Inc. Based in Woodcliff Lake, NJ, the comp ...
closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year.
* Payless ShoeSource
Payless (formerly known as Payless ShoeSource Inc.) is an international discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, i ...
filed for bankruptcy in April 2017 and closed 400 of its stores. It emerged from bankruptcy in August, but announced on February 14, 2019, that it was filing for bankruptcy again and that it would close all of their stores and its online operation in the United States.
* Pier 1 Imports
Pier 1 Imports, Inc. is an online retailer and former Fort Worth, Texas-based retail chain specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories, and seasonal decor. It was publicl ...
announced the closure of 450 out of its 942 locations in January 2020. It had initially only been expected to close approximately 70 stores. On February 17, the company filed for Chapter 11 bankruptcy and announced that it will be liquidating and closing all of its 67 Canadian stores; the company would later announce the closure of all of its 540 stores in May 2020 due to the COVID-19 pandemic.
* RadioShack
RadioShack, formerly RadioShack Corporation, is an American retailer founded in 1921.
At its peak in 1999, RadioShack operated over 8,000 worldwide stores named RadioShack or Tandy Electronics in the United States, Mexico, United Kingdom, Austra ...
filed for bankruptcy in March 2017 and planned to close 552 stores. This was the company's second bankruptcy filing in two years. A few months later, RadioShack announced the closure of 1,000 stores, leaving only 70 original locations open, not counting those doing business under the REV program.
* Ralph Lauren
Ralph Lauren, ( ; ; born October 14, 1939) is an American fashion designer, philanthropist, and billionaire businessman, best known for the Ralph Lauren Corporation, a global multibillion-dollar enterprise. He has become well known for his co ...
closed its five-story New York City flagship store on Fifth Avenue
Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping stre ...
in April 2017.
* Revlon
Revlon, Inc. is an American multinational company dealing in cosmetics, skin care, fragrance, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it still remains. Revlon was founded by brothe ...
filed for Chapter 11 bankruptcy protection in mid-June 2022 following its attempt at preservation by obtaining a loan from Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...
in 2018. Subsequently, the bank mistakenly wired $900M, rather than the intended $8M, for interest payments to Revlon's lenders; less than half of the wired sum had been recovered when Revlon filed for bankruptcy in mid 2022, stalling the company's reorganization plans.
* Rockport filed for bankruptcy in May 2018. The company that bought the company out of bankruptcy closed all 60 of its brick-and-mortar stores in July of that year.
* The Room Store
The Room Store (commonly stylized as RoomStore) was a chain of furniture retail stores in the eastern and southern United States, which operated from 1992 to 2012. The company, which was owned by RoomStore, Inc., specialized in retailing all the ...
filed for bankruptcy on December 12, 2011. Throughout 2012, all Room Store locations, except those in Arizona, which included Texas and the eastern and southern United States, were closed. The Phoenix-area stores (which were owned by The RoomStores of Phoenix, LLC), the last remains of the chain, were closed in 2016.
* rue21
New rue21, LLC (rue21) is an American specialty retailer of women's & men's casual apparel and accessories headquartered in the Pittsburgh suburb of Warrendale, Pennsylvania. Its clothes are designed to appeal to people who desire, wish, or feel ...
announced plans to close around 400 stores in April 2017.[
] The company filed for Chapter 11 bankruptcy on May 16, 2017,[
] and emerged from bankruptcy in September.
Retailers S–Z
* Sally Beauty
Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $ 3.9 billion annually.
Through the Sally Beauty Supply and Beauty Systems Group businesses ...
announced the closure of 350 locations in November 2022 with closings expected to be completed by the following month.
* Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is an American chain of membership-only retail warehouse clubs owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton as Sam’s Wholesale Club. , Sam's Cl ...
, a subsidiary of Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...
, closed 63 stores in 2018. 12 of the 63 locations were expected to be converted into fulfillment centers. Sam's Club locations in the United States decreased to 597.[
]
* Sears Holdings
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-l ...
, the parent company of Sears and Kmart
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States.
The company was inc ...
, announced plans to close approximately 150 Sears and Kmart stores in 2017.[
] The retailer, as part of required reporting, stated to the Securities and Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
that it had substantial doubt that any of its stores could continue to survive. Such a report is typically considered damaging to a company, as it affects their supply line.[
] On April 20, 2017, ''Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publ ...
'' reported that the company was "quietly closing" more stores than it had initially announced and compiled a list of ten additional Sears and Kmart locations that were closing.[
] On April 22, Sears also announced plans to close 50 of its auto centers and 92 pharmacies within Kmart locations.[
] Further closures were then announced: on June 6, 2017, 72 Sears stores,[
] on June 23, 18 Sears and 2 Kmart stores,[
] with more to come per the CEO's blog post.[
] The Canadian subsidiary, Sears Canada
Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto, Ontario, the company began as Simpsons-Sears ...
, successfully petitioned the courts on October 13, 2017, to allow it to close down the entire organization, including 130 stores, and liquidate all its assets by January 21, 2018, terminating around 12,000 positions. As such, all outlets were closed on January 14, 2018. In January 2018, the company announced 103 more stores by the end of April, of which 39 were Sears and 64 Kmart. The company filed for Chapter 11 bankruptcy on October 15, 2018. On February 8, 2019, Eddie Lampert
Edward Scott Lampert (born July 19, 1962) is an American billionaire businessman. He is the former CEO and chairman of Sears Holdings (SHLD), founder of Transform Holdco LLC, and founder, chairman, and CEO of ESL Investments. Until May 2007, he ...
announced that his $5.2 billion bid for Sears to survive succeeded, which would result in at least 400 stores remaining open. However, Sears subsequently announced the closure of 96 more stores in late 2019. Further dismantling of the Sears and Kmart store network continued in the subsequent years, and as of 2022, only three Kmart stores remain in the continental United States, with the company's headquarters also slated to be divested.
* Shopko filed for bankruptcy on January 16, 2019, and planned to close 250 of its more than 360 stores. However, on March 18, 2019, Shopko announced the closure of all remaining stores due to a buyer not being found for the chain. Liquidation sales ended by June 2019.
* Signet Jewelers
Signet Jewelers Ltd. (Ratner Group 1949–1993 then Signet Group plc to September 2008) is, as of 2015, the world's largest retailer of diamond jewellery. The company is domiciled in Bermuda and headquartered in Akron, Ohio, and is listed on ...
, which owns prominent jeweler brands Kay, Zales
The Zale Corporation is an American jewelry retailer, incorporated in Delaware in 1993. The principal executive offices are located in Coppell, Texas.
History
The company began in 1924 in Wichita Falls, Texas, when the two Russian-Jewish immig ...
and Jared
Jared is a given name of Biblical derivation.
Origin
In the Book of Genesis, the biblical patriarch Jared (יֶרֶד) was the sixth in the ten pre-flood generations between Adam and Noah; he was the son of Mahalaleel and the father of En ...
, announced the closure of 400 stores in June 2020.
* Southeastern Grocers
Southeastern Grocers (formerly Bi-Lo Holdings) is a supermarket portfolio headquartered in Jacksonville, Florida. The portfolio was created by Lone Star Funds in September 2013 as the new parent company for Harveys, Winn-Dixie, and Fresco y M ...
, owner of BI-LO, Harveys, Winn-Dixie, and Fresco y Más, filed for Chapter 11 bankruptcy on March 15, 2018. They are set to close down 94 out of 528 of their stores, many of which will have their related leases rejected and lease rejection claims rendered unimpaired. It emerged from bankruptcy in June 2018. The BI-LO brand would eventually cease operation in 2021 with all of its stores sold, rebranded, or outright closed.
* Sports Authority
Sports Authority, Inc. (formerly The Sports Authority) was an American sports retailer. At its peak, Sports Authority operated 463 stores in 45 States and Puerto Rico. The company's website was on the GSI Commerce platform and supported the reta ...
filed for Chapter 11 bankruptcy on March 2, 2016. The company's stores were sold to a group of liquidators and its CEO announced that all stores would close by the end of August 2016.[
]
* Stein Mart filed for Chapter 11 bankruptcy in August 2020 with intent to close all of its locations due to the COVID-19 pandemic.
* Sur La Table filed for Chapter 11 bankruptcy in July 2020.[ It was subsequently acquired by Marquee Brands and CSC Generation.
* ]Tailored Brands
Tailored Brands, Inc. is an American retail holding company for various men's apparel stores, including the Men's Wearhouse and Jos. A. Bank brands. The company is headquartered in Houston, Texas, with additional corporate offices in Fremon ...
, the owners of men's fashion retailers Men's Wearhouse
Tailored Brands, Inc. is an American retail holding company for various men's apparel stores, including the Men's Wearhouse and Jos. A. Bank brands. The company is headquartered in Houston, Texas, with additional corporate offices in Fremont, ...
, Jos. A. Bank
Jos. A. Bank is an American retailer of men's furnishings, specializing in suits. Established in 1905 by Charles Bank and Joseph Alfred Bank, it operates over 180 retail locations, three distribution centers (Atlanta, Houston, and Jenkins) an ...
, and K&G, filed for bankruptcy in August 2020 and closed 500 of its stores. It emerged from bankruptcy in late 2020.
* Target Canada
Target Canada Co. was the Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary was formed with the acquisition of Zellers store leases fr ...
, the Canadian subsidiary of the Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a compon ...
, announced on January 15, 2015, that it would close all 133 stores in Canada by April 12, 2015.
* Teavana
Teavana Corporation is an American tea company, which previously had locations throughout the United States, Canada, Mexico, and the Middle East. Starbucks acquired Teavana in 2012, and in 2017, Starbucks announced it would close all Teavana loc ...
announced plans in 2017 to close all 379 of its stores by 2018, with parent company Starbucks
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain.
As of November 2021, the company had 33,833 stores in 80 c ...
citing lower mall traffic, and on August 29, 2017, Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indian ...
sued Starbucks over the Teavana closures.
* Things Remembered
Things Remembered is an e-commerce retailer specializing in personalized gifts, messaging and engraving.
History
Things Remembered was founded as "Can Do" in 1967 as a subsidiary of Cole National Corporation by Joseph Edmund Cole. At the time Col ...
closed all of its remaining 176 stores and its headquarters in Richmond Heights, Ohio
Richmond Heights is a city in Cuyahoga County, Ohio, United States. The population was 10,546 at the 2010 census.
Geography
Richmond Heights is located at (41.558183, -81.503651). Richmond Heights borders Euclid on the west, Lyndhurst and Sout ...
, in January 2023, moving to become an online-only gift retailer. The chain had previously filed for bankruptcy in 2019 and closed over 224 stores in the years following.
* Tops Friendly Markets
Tops Friendly Markets is an American supermarket chain based in Amherst, New York, that operates stores in Upstate New York, Vermont, and Northern Pennsylvania. The chain operates full-scale supermarkets. Tops is a subsidiary of Northeast Groc ...
filed for Chapter 11 bankruptcy on February 21, 2018, with over $1.18 billion in liabilities. The company announced on August 30, 2018, that they would close ten stores. The chain emerged from bankruptcy in November and announced its merger with Price Chopper Supermarkets
Golub Corporation is an American supermarket operator. Headquartered in Schenectady, New York, it owns the chains Market 32 and Price Chopper Supermarkets. The company opened its first supermarkets in New York's Capital District in 1932, and c ...
in February 2021, a move made because it had fallen well behind its rival Wegmans
Wegmans Food Markets, Inc. is a privately held American supermarket chain. It is headquartered in Gates, New York, and was founded in 1916 in Rochester.
As of , Wegmans has 110 stores, mostly in the Northeastern and Mid-Atlantic regions. The ...
.
* DSW, Inc.
Designer Brands Inc. is an American company that sells designer and name brand shoes and fashion accessories. It owns the Designer Shoe Warehouse (DSW) store chain, and operates over 500 stores in the United States and an e-commerce website. ...
announced the closure of all of its Town Shoes
Town Shoes Ltd. was a Canadian chain of shoe stores founded by Leonard Simpson in 1952. It had 30 locations across Canada.
Timeline
In 2014, DSW, Inc., now Designer Brands, Inc., acquired a 44% stake in Town Shoes.
In May 2018, DSW purchased ...
stores in Canada on August 29, 2018. The stores shut down by early 2019.
* Toys "R" Us
Toys "R" Us is an American toy, clothing, and baby product retailer owned by Tru Kids (doing business as Tru Kids Brands) and various others. The company was founded in 1957; its first store was built in April 1948, with its headquarters loc ...
filed for Chapter 11 bankruptcy in September 2017 with over $5 billion in debt. It announced that its Canadian subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...
would seek bankruptcy protection in parallel proceedings. On January 24, 2018, the retailer announced plans to close a total of 180 of its Toys "R" Us and subsidiary Babies "R" Us locations in the United States, approximately 20% of its U.S. store base, pending court approval. At least half of the closures will come from Babies "R" Us locations. In addition to closures, the retailer plans to quickly revamp a dozen locations to better co-brand the baby and toy experience with more revamps coming, cut the number of items offered in existing stores, revamp the loyalty program and pricing model to be more competitive, and promote the baby registry business to generate more sales of higher-priced items.[
] In February 2018, Toys "R" Us announced that it will close 200 more stores. On March 8, 2018, Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Televi ...
reported that Toys "R" Us was considering closing United States operations entirely. On March 14, 2018, the retailer announced it was shutting down all 100 of its locations in the United Kingdom, resulting in the loss of 3,000 positions. Later the same day, it was announced that all U.S. locations would be sold or closed, affecting as many as 33,000 jobs.[
] Billionaire Isaac Larian
Isaac Larian (born March 28, 1954) is an Iranian-born American billionaire businessman, founder and the chief executive officer (CEO) of MGA Entertainment, the world's largest privately owned toy company.[MGA Entertainment
MGA Entertainment Inc. (short for Micro-Games America Entertainment; sometimes referred to as MGA) is a manufacturer of children's toys and entertainment products founded in 1979. Its products include, Bratz, L.O.L. Surprise!, Num Noms and Rainbow ...]
, along with other investors, pledged $200 million to salvage up to 400 stores, but regardless, liquidation sales at all Toys "R" Us and Babies "R" Us began on March 23, 2018. All of the remaining stores closed permanently on June 29, 2018, but the Canadian stores remain open. However, in late 2018, the brand name was pulled out of bankruptcy protection; plans were made for it to return in the form of specialty stores under the name "Geoffrey's Toy Box." Tru Kids acquired the Toys "R" Us and Babies "R" Us brands in February 2019. Toys "R" Us reopened under this new management in 2019 with stores in New Jersey and Texas. Both locations closed in 2021, citing the COVID-19 pandemic and wanting to find new locations with better traffic.
* True Religion announced the closure of 27 stores on July 12, 2017, as a result of Chapter 11 bankruptcy. True Religion emerged from bankruptcy in October 2020.
* Tuesday Morning
Tuesday Morning Corporation is a Dallas, Texas-headquartered household merchandise discount store, priced below department and specialty stores.
History
Tuesday Morning was established in 1974 by Lloyd Ross. Ross worked with manufacturers to bu ...
filed for Chapter 11 bankruptcy on May 27, 2020, and planned to close 230 underperforming stores out of 687. On February 14, 2023, Tuesday Morning filed for Chapter 11 bankruptcy again and announced the closure of 265 stores to focus on better-performing stores in other markets.
* Urban Outfitters
Urban Outfitters, Inc. (URBN) is a multinational lifestyle retail corporation headquartered in Philadelphia, Pennsylvania. Operating in the U.S., the United Kingdom, Canada, select Western European countries, Poland the United Arab Emirates, Kuw ...
, along with Anthropologie and Free People, closed 7 stores despite opening 19 stores for fiscal 2018, as "shoppers don't like their clothing" according to MarketWatch.
* Under Armour
Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel. Under Armour's global headquarters are located in Baltimore, Maryland, with additional offices located in Amsterdam (European hea ...
has closed more than 50 stores due to slowing sales.[
Lauren Hamer]
15 Retailers That Are Horribly Failing to Attract Customers
September 15, 2017
* Vanity
Vanity is the excessive belief in one's own abilities or attractiveness to others. Prior to the 14th century it did not have such narcissistic undertones, and merely meant ''futility''. The related term vainglory is now often seen as an archaic s ...
, a mall clothing store based in Fargo, North Dakota
Fargo ( /ˈfɑɹɡoʊ/) is a city in and the county seat of Cass County, North Dakota, United States. According to the 2020 census, its population was 125,990, making it the most populous city in the state and the 219th-most populous city in ...
, closed all of their stores by April 2017.
* Vera Bradley
Vera Bradley Sales, LLC ( d.b.a. Vera Bradley) is an American luggage and handbag design company, founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982. As of 2019, its home office is in Fort Wayne, Indiana. The company was named a ...
closed some stores in 2018.
* Victoria's Secret
Victoria's Secret is an American lingerie, clothing, and beauty retailer known for high visibility marketing and branding, starting with a popular catalog and followed by an annual fashion show with supermodels dubbed Angels. As the largest ret ...
announced a closure of 333 stores: 30 in 2018, 53 in 2019, and 250 in 2020, up from the previous average of 15 per year. These combined closures amount to about 29% of the brand's stores. The parent company divested itself of La Senza in January 2019, which was further affected by the retail apocalypse.
* Vitamin World
Vitamin World USA Corporation is a global retailer of vitamins and nutritional supplements and is headquartered on Long Island, New York in the United States.
Background information
Vitamin World was founded in 1977 by Arthur Rudolph and is head ...
, a retailer of vitamins and health supplements, filed for Chapter 11 bankruptcy on September 12, 2017. The company planned to close 51 stores out of 334 total; 45 stores have already been closed since 2016. It was sold to Feihe International, Inc. in 2018.
* The Walking Company The Walking Company, Inc. (sometimes referred to as TWC), is a United States-based comfort footwear company and subsidiary of The Walking Company Holdings, Inc., that was founded in 1991 in Chatsworth, California.
History
Co-founders Steve Adler ...
filed for Chapter 11 bankruptcy on March 8, 2018, with over $40 million in outstanding loans and $11.7 million in bond obligations. It emerged from bankruptcy in July.
* Wet Seal
Wet Seal is an American fast fashion retailer, headquartered in Los Angeles, California. The retailer specializes in selling clothing and accessories. The company was founded in Newport Beach, California, by Lorne Huycke in 1962 as "Lorne's". Th ...
filed for its second bankruptcy in January 2017 and announced plans to close all its stores, which numbered 171 at the time.
* Z Gallerie announced in 2019 that they would be closing stores across the U.S. Its assets were acquired by DirectBuy at a bankruptcy auction in 2019.
* Zellers
Zellers was a Canadian discount department retail chain and is currently a brand name owned by the Hudson's Bay Company (HBC). Founded in 1931 in London, Ontario, in later decades it was based in Brampton, Ontario. Zellers was acquired by HBC i ...
, once a widespread and popular Canadian department store chain, sold its retail leases to Target Canada, which, by 2013, shuttered its Canadian stores. The last two remaining Zellers stores closed on January 26, 2020.
References
{{DEFAULTSORT:Retailers affected by the retail apocalypse
Lists of retailers
United States economic history-related lists
History of retail in the United States