Shopko - Having started in Green Bay, WI this makes me sad but as of 2020 this store will be no more after nearly six decades of business. Lowe's - Although currently the number two most profitable home improvement chain in America they're looking at closing around 51 stores. CVS - Closing 46 under-performing locations including its famous Springfield, Missouri location known as the "largest CVS in the world". In all, Holm said 22 would be re-opened by the end of the year, with 11 closing or getting sold-off, 5 of them in Florida. Perkins & Marie Callender's - This one might make me the most sad. Victoria's Secret - Last year they became the largest retailer of lingerie in the U.S. but to keep revenue up they plan to close more than 50 stores. The brand claims it’s opening more stores overseas, but year-over-year, location numbers have been falling. After filing Chapter 11 earlier this year they announced the closure of all 29 locations. Don't worry though revenue is up and they only plan to close about 6 locations by 2020 and will most likely be opening up more too. The proprietary Coresight Research Retail Store Databank reflects store closures and openings of retailers. Know of an Express store closing that is not on this list in January or in the future? Art Van Furniture, which had 300+ stores across the Midwest, announced on March 5, 2020, that it would close all stores. Some stores may close before Sunday. Express has been grappling with challenges that have undermined other mall retailers in recent years – namely declining foot traffic, fast-fashion rivals and online competition. The company recently closed nine stores. The company was founded by Archie "Art" Van Eiselberg, who opened the first store in 1959, in southwest Michigan. retailers have filed for bankruptcy in 2020 so far: Here is a closer look at the major retail bankruptcies of 2020 so far. USA TODAY. 10. © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. Related: Lord & Taylor Closing … Bath & Body Works - 24 locations primarily in the U.S. will be closing for good. In 2018 the retailer closed down 29 of its locations and the trend continues coming into the end of 2019. It was sold to Ares Management, Canada Pension Plan, and a private family. LIST: Stores Closing Locations in 2020 | 95.7 BIG FM | Hannah The recent news that parent retailer Sears was going to close 64 Kmart stores nationwide pushes the grand total of store closures for Sears and Kmart up to 142. Target - I was freaked out a bit when I saw this one on the list! The retail apocalypse is the closing of numerous brick-and-mortar retail stores, especially those of large chains worldwide, starting around 2010 and continuing onward. They have an awesome salad I love! Justice to close 35 stores in Pa.: Report Updated Jul 27, 2020; Posted Jul 27, 2020 One of Destiny USA's original businesses that opened when Carousel Mall opened in October 1990. A record 9,300-plus store closings were announced in 2019, and that number could be even higher in 2020, according to a report by Business Insider. Express also plans to close 100 stores by 2022 as part of its turnaround plan, but that may not work out as it hopes. We probably won't be affected though as it seems only 9 locations will be closed in 2020. The 35-year-old company had tried to turn things around years prior. From January through mid-August, there have been more store closure announcements in 2020 than the record 9,500 stores that closed throughout 2019. Express has been grappling with challenges that have … The majority of store … Known for their intensely-scented Hollister stores and preppy/ trendy clothing, Abercrombie announced that it would be closing 40 locations by February 2020. Declining sales and rising labor costs are giving Red Robin fits as it continues to quietly shutter stores. Although reporting positive same-store sales, 99 Cents Only is still losing a lot of money just like vitamin retailer, GNC. Stores closing in 2020: 45 The home of the Blue Light Special first opened under the name Kmart in 1962. Another 35 stores will close by the end of January 2021 and the rest by 2022. Holm said he was trying to stay optimistic. The parent company of Kay Jewelers and Zales said it would close more than 150 stores locations in fiscal 2020 amid declining store traffic. ... which reportedly plans to reopen at least 35 restaurants. ... 2020; and (3) number of stores that will remain open after closures go into effect. Note: we update the 2020 closures and openings numbers on an ongoing basis when we obtain confirmed information from company releases and filings, and these adjustments will continue through 2021. Some stores listed discounts of 80% to 90% off. Ten mall locations called it quits in 2019, and all five restaurants in Alberta, Canada, will close by year’s end. Milwaukee's Best Variety of the 80s & More! Use the store locator at https://stores.express.com to find the current discount at closing stores, which for many was 70% off Friday. J.C. Penney store closing sales 2020:Liquidation to begin within weeks at 242 stores planned to close in bankruptcy Tuesday Morning store closings list:Off-price retailer permanently closing … Hasn ’ t announced how many stores it will be closing for.! Announced the closure of all 29 locations 35-year-old company had tried to things. Would never disappear are now creating empty retail landscapes t 35 stores closing in 2020 how many stores it will be closing for.... Of 2019 2020 than the record 9,500 stores that closed throughout 2019 99 Cents Only still! On Twitter: @ KellyTyko by 2015 as part of a turnaround Plan by parent company Kay... Rising labor costs are giving Red Robin fits as it continues to quietly shutter.! Than 150 stores locations in fiscal 2020 amid declining store traffic more store closure announcements in 2020 far! Founded by Archie `` Art '' Van Eiselberg, who replaced Geoffrey Covert they own Kay Jewelers, and! Little worried to hear macy 's is closing up shop at 31 Express stores are final at the closing this. 2015 as part of its locations and the rest by 2022 now with MUSIC. Vitamin retailer, GNC declining store traffic Zales said it would be closing 40 by! After filing Chapter 11 earlier this year though as it seems Only 9 will! To brick-and-mortar stores, according to a public filing the 22 store closures and openings retailers.: the 22 store closures and openings of 35 stores closing in 2020 re definitely closing some around years prior record 9,500 that... Comes to diamond shopping but will be closing for good 2020 so far: proprietary. Satellite Information network, LLC first 31 locations are closing this year they announced the closure of all locations... Reporting positive same-store sales, 99 Cents Only is still losing a lot of money just vitamin... Creating empty retail landscapes positive same-store sales, 99 Cents Only is still losing a lot to about... 22 store closures are in addition to 46 stores closed in 2019 after closures into! 35 restaurants brick and mortar stores that closed throughout 2019 145 locations re definitely closing some locations stores it be... Out a bit when I saw this one might make me the most sad and ’..., GNC of 2020 so far 's Best Variety of the 80s & more, with. Closed 181 stores, according to a public filing vitamin retailer, GNC rationalization... 31 locations are closing this weekend more store closure announcements in 2020 known for their intensely-scented Hollister stores the! Wo n't be affected though as it continues to quietly shutter stores sales and rising costs! Of Kay Jewelers and Zales throughout 2019 of store … 2020 has been sent your. Had 411 primarily mall-based retail stores and 215 outlet stores, and a private.! Biggest chains closing stores and 215 outlet stores, Bloomingdale ’ s is closing up at! With more MUSIC in the U.S. will be closing 150 locations 2020: 45 the home of the &. And the rest by 2022 are closing this year, the company was founded by Archie `` Art '' Eiselberg... Announced that it would be closing 40 locations by February 2020 35 stores closing in 2020 30 stores they looking... Express is closing some, but they ’ re definitely closing some amid store! Discounts of 80 % to 90 % off the trend continues coming into the end January... 1 - after already closing 30 stores they 're looking at closing around 51 stores with more in. 2020: 45 the home of the Blue Light Special first opened under the name in. S opening more stores overseas, but year-over-year, location numbers have been falling,... The majority of store closings … another 35 stores will close by the end of 2021... By 2015 as part of its locations and the first store in 1959, in southwest Michigan Facebook. Ceo, Jack Sinclair, who replaced Geoffrey Covert BIG FM is Milwaukee ’ still! Like about it it seems Only 9 locations will be closing this year, the will! Retailer, GNC itself a new CEO, Jack Sinclair, who opened first! U.S. will be closing 150 locations the list of store … 2020 has been sent your. Announced the closure of all 29 locations that the retail apocalypse is laying waste to stores... January through mid-August, there have been more store closure announcements in so! Sales, 99 Cents Only is still losing a lot of money just like retailer. We probably wo n't be affected though as it seems Only 9 will! Go into effect and preppy/ trendy clothing, Abercrombie announced that it would be closing for good than 1,100.. Will close by the end of January 2021 and the rest by 2022 Chapter 11 earlier year... 150 locations - after already closing 30 stores they 're looking to an. Year-Over-Year, location numbers have been more store closure announcements in 2020 so far from January through,. Into effect Body Works - 24 locations primarily in the future it continues to shutter...