Retailers are closing thousands of stores following years of declines in sales and customer traffic.
Bankruptcies accounted for a large chunk of the stores that have closed or are closing. But a tough physical retail environment stemming from steeper online competition is also being blamed.
We compiled a list of the 8,053 closures that were announced in 2017.
Radioshack — 1,430 stores
Radioshack filed for bankrupcy in 2017, and announced it will close all its stores.
Payless — 900 stores
Payless also filed for bankrupcy this year, announcing the closure of about 900 stores.
Ascena Brands — 667 stores
Ann Taylor’s parent brand announced hundreds of store closures to close over the next two years. About 250 locations either are to close or all arleady closed, with more than 400 slated to close if rents aren’t renegotated.
Walgreens — 600 stores
Walgreens, after announcing purchases of 2,000 Rite Aid stores, announced it will close 600 stores under both banners.
Rue21 — 400 stores
Source: Associated Press
Gymboree — 350 stores
Gymboree also filed for bankruptcy in 2017. Here’s a list of Gymboree store closings.
Kmart — 283 stores
Kmart stores are getting axed as part of Sears’ belt tightening measures. Here’s a list of all Sears and Kmart stores closing.
The Limited — 250 stores
The Limited shut all its stores in 2017.
Family Christian — 240 stores
Family Christian also went out of business in 2017, closing all its stores.
Hhgregg — 220 stores
Hhgregg closed all its stores in 2017 after failing to find a buyer.
Gap Inc — 200 stores
Gap Inc announced closures of Gap and Banana Republic stores over the next few years.
Bebe — 180 stores
Bebe closed all its stores 2017.
Wet Seal — 171 stores
Wet Seal also closed all its stores in 2017.
Crocs — 160 stores
Crocs scaled back in 2017, announcing it will close over 100 of its stores.
Gamestop — 150 stores
Video game retailer Gamestop announced this year it would close 150 stores after declining sales.
JCPenny — 138 stores
Here’s a list of JCPenny store closings.
Michael Kors — 125 stores
Source: company release
BCBG — 120 stores
BCBG was completely restructed in 2017. After declaring bankrupcy and closing 120 stores, it was purchased by Marquee Brands.
Sears — 116 stores
Here’s a list of all Sears and Kmart stores closing.
American Apparel — 110 stores
American Apparel sold itself to Gildan, who was not interested in maintaining its 110 store footprint.
Gordmans Stores — 106 stores
Gordmans liquidated its stores after bankruptcy this year.
Charming Charlie — 100 stores
Charming Charlie, a chain of jewlery sellers, filed for bankrupcy in December.
BareMinerals — 100 stores
Aerosoles — 74 stores
In Aerosoles’ bankrupcy announcement, the brand said it would close up to 74 stores.
Staples — 70 stores
CVS — 70 stores
CVS said it was closing 70 stores to cut costs in 2017.
Macy’s — 68 stores
Here’s a list of Macy’s store closings.
Perfumania — 64 stores
Perfumania annoucned its closing a quarter of its stores after filing for bankrupcy.
Alfred Angelo — 60 stores
Bankrupt bridal retailer Alfred Angelo closed all its stores this year.
Abercrombie & Fitch — 60 stores
Abercrombie announced more store closures as the teen retailer tries to right its ship.
Guess — 60 stores
Vitamin World — 122 stores
Source: Dayton News Times
Vera Bradley — 15 stores
J. Crew — 50 stores
Eastern Outfitters — 48 stores
Eastern Outfitters announced it is closing 86 Eastern Mountain Sports and Bob’s stores.
Lululemon — 40 stores
Lululemon announced it is shuttering its kid’s chain, Ivivva, closing 40 stores and turning the rest into Lululemon stores.
Bon-Ton — 40 stores
Source: USA Today
Gander Mountain — 32 stores
Gander Mountain annoucned it is closing some stores, but not all. After being purchased in a bankrupcy auction earlier this year, the rest of the store’s futures are uncertain.
Benny’s — 31 stores
New England retailer Benny’s closed all its stores in 2017, and shuttered for good.
2nd Time Around — 30 stores
Consignment shop 2nd Time Around aburptly closed all its stores in 2017.
True Religion — 27 stores
True Religion announced it plans to close 27 stores after filing for bankruptcy.
American Eagle — 25 stores
Source: Pittsburgh Biz Journal
Country Curtains — 19 stores
Window treatment seller Country Curtains closed all their 19 stores in 2017.
Target — 12 stores
Here’s a list of Target store closings.
Tailored Brands — 11 stores
Tailored Brands announced it is closing eight of its Jos of A. Bank stores, and 3 Men’s Warehouse tuxedo specailty stores.
Neiman Marcus — 10 stores
Neiman Marcus announced it will be closing 10 of its discount Last Call stores.
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