American Eagle Outfitters is a clothing retailer specializing in teen and college-aged clothing and accessories. Christopher & Banks will also close up to 40 stores by the end of next year, after a reported loss of $8.8 million in 2018. Oozing with creativity, Etsy sellers put their... Offers.com is among the federally registered trademarks of Ziff Davis, LLC and may not be used by third parties without explicit written permission.© 2008 - 2021 Offers.com, LLC. The clothing store currently offers sales through their website but will provide in-store pickup and curbside pickup at some locations, as well as instore sales by appointment. The company closed 55 locations in 2018 and the closures will include its OfficeMax stores as well. However, the business has had a recent influx of customers following the pandemic. Glossier is a direct-to-consumer makeup and skincare company. Abercrombie & Fitch is not going out of business. GNC currently operates over 5,000 locations and had previously announced the closure of over 200 stores. That means going-out-of-business sales show no sign of fading anytime soon. Signet Jewelers is not going out of business. As part of its bankruptcy, in November 2020 Ascena announced the sale of its Justice brand to Bluestar Alliance (owner of brands such as Hurley, Bebe, and Limited Too). The retailer operates over 1,300 stores in the U.S. and Canada and announced that it would be permanently closing 250 stores over the next three years. The pharmacy chain did close 46 stores in 2019 and announced another 22 store closings in 2020 but these are a small percentage of the 9,900 CVS locations across to the country. In June 2020, the wireless carrier announced that it would be permanently closing 250 AT&T Mobility and Cricket Wireless stores in the U.S as part of a cost-saving strategy, shifting emphasis to e-commerce. Like most stores, the fashion retailer is dealing with losses due to the impact of the pandemic closures. Glossier is not going out of business. Bose manufactures a wide range of consumer and commercial audio electronics. Over 60 stores have already permanently closed, with 16 more undergoing liquidation sales and set to close the end of September 2020. In May 2020, JCPenney filed for Chapter 11 bankruptcy protection in an attempt to fix its financial situation. Valentine’s Day celebrations can be traced as far back as A.D. 269, although it wasn’t until the 14th and 15th centuries that Medieval literary themes flourished with subjects of courtly love. In June, the vitamin and dietary supplement company filed for Chapter 11 bankruptcy protection. With a focus on online sales, all of the more the than 800 Justice locations will be permanently closed by early 2021. The discount department store, which grew from early-20th-century roots in the Mississippi Delta into a national name in off-price fashion, ceased e-commerce and commenced going-out-of-business sales at all its approximately 280 stores after filing for Chapter 11 bankruptcy. Stores are temporarily closed during the pandemic and will reopen following local guidelines. Estée Lauder is not going out of business. Walmart Express stores had been rolling out in urban markets in 2011, and were gone by 2014. The shoe retailer entered an agreement for investment company LionRock to take control of the company. Bank. In May 2020, Tuesday Morning announced it would be filing Chapter 11 bankruptcy and planned to close 230 stores this summer (out of its current roster of 687 stores nationwide). As part of the bankruptcy process, the grocery chain has sold most of its locations at auction to Aldi, Publix, Win-Dixie as well as seven stores to its former co-founders. In September 2020, the company announced it would not go on sale at bankruptcy auction, instead accepting a sale to Harbin Pharmaceutical Group, which will require court approval. The retail apocalypse continues to claim high-profile victims, with shopping mall staple Sears and its sister company Kmart closing still more stores late this year and in early 2020. Brooks … In October 2020, Carter’s announced that they would be closing up to 200 stores by the end of 2022. In December 2020, DSW’s parent company, Designer Brands, announced they may have to close 10%-15% of their locations, which could be as many as 80 stores. Following is a growing list of store closings including Bath … The news comes a week after the company announced it would close two dozen stores. All stores had been temporarily closed since March 2020 due to COVID-19, but some of the 43 nationwide stores have opened for curbside pick up. Struggling home goods retailer Bed Bath & Beyond will close up to 60 stores in 2020. As a result of temporary closures due to the coronavirus pandemic, the fitness gym chain filed for Chapter 11 bankruptcy in June 2020. Destination Maternity filed for bankruptcy in October 2019. The 7 locations include London, Paris, Munich, Dusseldorf, Brussels, Madrid and Fukuoka stores. Clarks is a footwear retailer and shoe brand. Likes its Sears counterpart, Kmart has not been immune to store closure as it has announced that 45 locations will close in 2020. Because Tuesday Morning doesn’t sell online (only in stores), it was extra vulnerable to the COVID-19 pandemic. The retailer reportedly had more than 1,500 stores in the U.S. and Canada under all its brands as of August 2019. In July 2020, the retailer announced it would be permanently closing an estimated 200 stores. As part of the bankruptcy, the company announced plans to permanently close over 1,000 stores across all its brands. On August 12, 2020, it was announced that the storied retailer would be acquired by Authentic Brands Group LLC and SPARC Group LLC, pending approval. In September 2020, the company exited bankruptcy after being acquired by an investment group. In May 2020, Walmart announced that it would be shutting down Jet.com. The company plans to remain in business and enters bankruptcy with approval from its key stakeholders. Store closings have come in a variety of ways: Here is a list of the retail stores that have closed, filed for bankruptcy or gone out of business in 2020 and 2021. The display of third-party trademarks and trade names on this site does not necessarily indicate any affiliation or endorsement of Offers.com. The brand has over 1,500 locations worldwide. Godiva is a luxury chocolatier with locations worldwide. This Store Closing roundup list was last updated on January 19, 2016. The company plans to focus to online and increase the number of its drop-off locations. Office supply retailer Office Depot said it will close up to 90 stores by 2021 as it focuses its attention on business-to-business services. Ascena Retail Group Inc. is the parent company of fashion retailers Ann Taylor and Loft stores. The retailer plans to sell its online business during bankruptcy. Locations and a timeline for the closures were not disclosed. This filing will impact the 18 stores the retailer operates in the US. Hertz is currently still in business. In September 2020, the company announced it would be permanently closing 40 to 50 stores this year and could close up to 500 stores in the next two years. Even CVS has not been able to escape the retail apocalypse as it too will close 22 stores next year. In December 2020, the clothing retailer announced they would closing 7 flagship stores. In September 2020, the Century 21 announced that they filed for Chapter 11 bankruptcy and would be permanently closing. “If you don’t file by Labor Day, you can’t do your going-out-of-business sales before Christmas, which typically takes 90 days,” he says. The tween retailer is permanently closing more than 600 U.S. stores as part of Ascena Retail Group's bankruptcy. Microsoft Stores are the brick and mortar retail stores of Microsoft, the giant technology company. Brands include Hertz, Dollar Rent A Car and Thrifty Car Rental. Victoria’s Secret is still in business. However, at the stores slated to close, coupon usage is expected to be halted once liquidation sales begin, a common practice at going-out-of-business sales. Neighborhood Markets took their place, and when they struggled, they went the way of the dodo, too. 2014 Store Closings - Roundup of All US & International Retail Chains. While the store temporarily closed all their store and shifted to online sales to follow pandemic guidelines, they announced a reopening plan for Memorial Day weekend for 300 Express locations that includes an option to buy online/pickup in-store (BOPIS) at all reopened location. In August 2020, Retail Ecommerce Ventures, an investment firm with an e-commerce focus, acquired Modell’s intellectual property and e-commerce assets. JCPenney had already started liquidation sales at over 130 stores and recently revealed 13 more stores that will close permanently after liquidation sales starting in early July. Gap is not going out of business. Furniture Factory Outlet is home goods retailer with stores located primarily in the central United States. Lord & Taylor will close two more stores in 2020 after closing its flagship store in New York City in 2019. In June 2020, the company announced that it would be permanently closing 170 locations in 2020, a higher number than they originally planned. This comes after the company announced in November 2020 that they would be closing 137 stores by the end of January as well as a recent filing for Chapter 11 bankruptcy protection. The coffee retailer did temporarily close its locations in response to the pandemic but has since reopened many locations for to-go only service. Stein Mart, Men's Wearhouse, Lord & Taylor, Microsoft, GNC, JCPenney, Victoria's Secret, Nordstrom, and Sears are among the retailers that are planning to close stores this year. Popular Gap brands include Gap, Banana Republic, Old Navy and Athleta. The clothing retailer also announced that it would be heavily investing in its online platform. A Complete List of Which Stores Are Open Late on Christmas Eve 2020. The Paper Store is a gift and accessories retailer with locations primarily in the Northeast. The retailer operates close to 500 stores worldwide. Lucky’s Market filed for Chapter 11 bankruptcy protection in January 2020. According to our 2021 Valentine’s Day spending and shopping survey, food is the Valentine’s gift most of us want to receive. The closures would be in North America and China. Even as retail stores have made the shift to online and curbside pickup to at least make it through the holiday season, 2021 could be on pace to break that record for store closing. Le Tote says it is “still entertaining various opportunities” when it comes to finding a buyer. Target Shines While Other Retailers Struggle, Wall Street Pushes Higher As Jobs Data Bolster Case For Stimulus, 3 Medical Experts Debunk COVID Vaccine Death Myths, Myanmar Restricts Twitter As Outrage Over Coup Grows, Trayvon Martin Remembered On His Birthday, Patients Asphyxiate As Latin America Battles Oxygen Crisis, Want To Prevent The Next Generation Of Student Debt? In January 2020, before the pandemic, the retailer had announced it would close 60 of its over 1,400 locations in 2020. The farm, home and outdoors retailer once known as Big R Stores is going out of business. The decision to close the locations was made after the company said it became too difficult “to operate and compete on a national level.”. In January 2021, the company annoucned they would be closing an additional 300 Canadian locations by the end of March. In September 2020, J.Jill announced a that had reached an agreement with its lenders that would allow it to restructure its debt and avoid bankruptcy. In June 2020, Signet Jewelers announced that they would permanently close 150 stores in the U.S., and another 80 in the U.K, with another 150 stores to close by the end of 2020. U.S and Canada under all its brands include Lane Bryant, Lou & Grey, Justice Catherines. Entered into a sale agreement with the as many as 51 stores being closed within next. 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