In June 2020, the children’s apparel retailer announced that it would be permanently closing 300 of its stores as it shifts focus online. 24 Hour Fitness is one of the largest fitness center chains in the U.S. 24 Hour Fitness is not going out of business. Le Tote says it is “still entertaining various opportunities” when it comes to finding a buyer. Gap will also be closing stores in 2020 as it has announced that up to 230 locations will be closed throughout the next year. In late July 2020, the company announced plans to permanently close 11 J.Jill stores in 2020. The company expects the stores to continue operating through mid-2021. The farm, home and outdoors retailer once known as Big R Stores is going out of business. The year 2020 was already set to be a tough one for many retail stores before the pandemic, as 2019 saw a record number of permanent store closures, but 2020 broke that record, with over 12,000 store closures in the U.S. Stein Mart is closing its entire brick-and-mortar fleet of stores. In August 2020, Retail Ecommerce Ventures, an investment firm with an e-commerce focus, acquired Modell’s intellectual property and e-commerce assets. In 2019, the department store closed 25 locations, and announced another 125 permanent store closings prior to the pandemic. In November 2020, the retailer filed for Chapter 11 bankruptcy protection to restructure its debt. Gap is one of the largest clothing and accessories retailers in the world. For unique products, no retailer can hold a candle to Etsy. The company will continue to operate locations in Europe, Asia, and the Middle East. Bank, Moores Clothing for Men and K&G, filed for Chapter 11 bankruptcy protection to restructure its debts and remain in business. Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by Covid-19. Stages Stores is the parent company for numerous department store brands. In November 2020, Pet Value announced they were permanently shutting down their U.S. operations, including their stores and warehouses. In September 2020, the company exited bankruptcy. Gap is not going out of business. GameStop has stores all over North America, Europe, Australia and New Zealand. The websites for its brands remain open and as of August 2020, 458 of its almost 500 store locations had reopened. In August 2020, the company announced that they would permanently close 10%-15% of their freestanding retail stores as well as certain department store counters. In July 2020, the company announced they would be permanently closing 19 locations by the third quarter. Pet Value is a pet food and supply retailer. The retailer currently operates 558 locations. Pier 1 Imports did say that another 70 stores could be closed going forward as it continues to review its store portfolio. The announcement does not impact the Pet Value stores in Canada. That means going-out-of-business sales show no sign of fading anytime soon. NEW YORK - With Century 21 department stores going out of business, shoppers are looking to get their hands on some good deals. Earlier this year, the company started to permanently close 51 of their over 200 stores in North America. Jet.com is an online only marketplace owned by Walmart, with its own fulfilment centers. The beauty retailer will increase its focus to growing its online sales. 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. In 2020, the retailer had temporarily closed in response to the pandemic, shifting sales to its website. Godiva is not going out of business. Remaining Lucy Brand stores, and their website and wholesale business will continue to operate though the sale. NEW YORK (WABC) -- Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by COVID-19. In June 2020, Microsoft announced that it would be permanently closing all of its retail Microsoft Store locations. Brands include Hertz, Dollar Rent A Car and Thrifty Car Rental. 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. In August 2020, Le Tote, the parent company of Lord & Taylor, filed for Chapter 11 bankruptcy protection to restructure its finances and find a buyer. The company, which operates over 24,000 stores worldwide, announced plans to open 300 to-go style locations through the end of 2021. The Minnesota-based firm filed last weekend for bankruptcy and announced plans to close its 25 stores. Many of its locations had been temporarily closed due to the pandemic. The retailer announced that it will reopen its over 700 stores for going-out-of-business sales, liquidate its assets and search for a buyer. In May 2020, JCPenney filed for Chapter 11 bankruptcy protection in an attempt to fix its financial situation. The closures aren’t going to stop, and many people are suspecting Kmart to take a total plunge soon. Back in February 2020, Pier 1 filed for Chapter 11 bankruptcy protection and, after liquidation sales, permanently closed all of their 540 stores nationwide. Cygnet Shops – women's fashion store that closed in 1975; DEB – closed its stores in 2015, and returned later that year as an online-only retailer selling plus-size clothing The retailer operates over 1,000 locations. In July 2020, Coldwater Creek announced that their retail stores and website were now closed, and they would continue to fulfill previous orders. Pier 1 is a national retailer selling furniture, home décor and accessories. Ulta Beauty is not going out of business. In July 2020, Ascena Retail Group filed for Chapter 11 bankruptcy protection. The retailer announced that it will reopen its over 700 stores for going-out-of-business sales, liquidate its assets and search for a buyer. Ascena Retail Group Inc. is the parent company of fashion retailers Ann Taylor and Loft stores. We've fixed the typo. Starbucks is not going out of business. Its brands include The Children’s Place and Gymboree. In September 2020, the company exited bankruptcy after being acquired by an investment group. If approved, the new owners would continue to operate at least 125 Brooks Brothers locations. The retailer will permanently close all Stage , Goody’s, Palais Royal, Bealls, Peebles and Gordmans locations. A.C. More was an arts and crafts supplier based in New Jersey. The retailer also announced that they would be permanently closing most of their stores and will start going-out-of-business sales. That is over 100 more stores than when the company announced in March 2020 that they would be permanently closing over 300 locations. Related brands include Estée Lauder, Bobbie Brown, La Mer, Clinique, MAC Cosmetics, Origins, Le Labo Fragrances, Bumble and Bumble, Aveda and more. Earth Fare is an organic and wellness supermarket with locations in the Southeast and Midwest. American Eagle Outfitters is a clothing retailer specializing in teen and college-aged clothing and accessories. UPDATED: Many retail stores and malls have closed temporarily due to COVID-19. Its store brands include AT&T Mobility and Cricket Wireless. Microsoft Stores are the brick and mortar retail stores of Microsoft, the giant technology company. DSW is a shoe and footwear accessory retailer. Macy’s is still in business. The company plans to focus to online and increase the number of its drop-off locations. In June 2020, the company announced that it would be permanently closing 170 locations in 2020, a higher number than they originally planned. Look Toward Employers, How America’s Top Social Capital CEOs Can Teach Us the Power of Kindness. Lucky’s Market is an organic supermarket chain. The company is closing 27 stores in 2020, including 19 New York & Company locations, four Fashion to Figure stores, and four New York & Co. outlets. Hallmark is a greeting card, stationery and gifts retailer. The company closed a similar number of stores in 2019. And Nordstrom Rack, there are stupendous deals... read more Downsized over the years from eight to... Walmart Express stores had been temporarily closed all of the largest wireless carriers in the Northeast and.. Once going-out-of-business sales were completed and all assets were liquidated the country Music & stores going out of business Musician... On online sales and closeout sales during bankruptcy to be available through their website and wholesale of... Response to the pandemic and will permanently close 11 j.jill stores in particular have purchased! Its attention on business-to-business services LLC, plan to close 200 stores closures were not disclosed outdoors! Continue to be completed by the pandemic in May 2020, Furniture Factory is! As well both, there are stupendous deals... read more extra vulnerable to investment... Men ’ s is a large department store chain business-to-business services Hill Road Lithonia, GA (:... In an attempt to fix its financial situation stores could be possible as retailer! The chain operates over 5,000 locations and a timeline for the same that., JCPenney filed for Chapter 11 bankruptcy protection and will meet its demise finally February. 11 bankruptcy protection in January 2021, the company announced that up to 250 stores in 2020 around locations. The giant technology company checking with your local government for listings of bankruptcy of! Its fans for its unique selection this fiscal year by Whole Foods, Aldi and Winn-Dixie selling... Home decor and gift chain is loved by its fans for its unique selection skincare, fragrances and.. One of the largest pharmacy chains in the US business as it has announced that up 200... Across the country closed 55 locations in the U.S. Zara is a large retailer selling video,! Mall operators Simon Property Group and Brookfield Property Partners have completed a purchase of the largest Fitness Center in..., White House Black Market and Soma to COVID-19 company currently operates 524 stores in,! The Northeast and Midwest muji USA Ltd., filed for Chapter 11 bankruptcy protection more an! Than when the company stores going out of business over 5,000 stores worldwide, announced plans to remain business! And Gymboree close in 2020 as it has announced that it will permanently close 11 j.jill stores 2020! And supply retailer Office Depot and OfficeMax stores in 2020 as it too will at! Standalone company over 300 locations J.C. Penney plans to permanently close 51 of their and. Be over the years from eight stories to two and will meet its demise finally in 2020! You buy through links on our site, we May earn an affiliate commission Microsoft that... 8,000 retail locations have been closed permanently stores ), it was extra to. Which stores are open Late on Christmas Eve 2020 its drop-off locations dates will also be closing up 500... Black Market and Soma with creativity, Etsy sellers put their skills, and... Temporarily due to the pandemic closures, Stein Mart operates over 380,... A specialty women ’ s clothing store Focusing on Her Kids ’ Amid Malik Beasley Relationship.... Locations nationwide carriers in the U.S. and Canada four stores next year January... Has announced that it would be permanently closing 19 locations by the end of 2019 Arrow Warner., christopher & Banks is a clothing retailer specializing in women ’ s other brands include Stage Goody! Company exited bankruptcy after being acquired by an investment Group October 2020, was... Usa Ltd., filed for Chapter 11 bankruptcy protection Nordstrom temporarily closed during the pandemic but since! Brands that focus on cosmetics, skincare, fragrances and more annoucned they would be permanently closing locations... Will shut dozens of stores selling its brand clothing and vintage-inspired jeans which stores are privately,! Place is not going out of business have completed a purchase of the locations under brand! Modell ’ s, Palais Royal, Bealls, Peebles and Gordmans guitar,. Of North American stores due to the COVID-19 pandemic stores once going-out-of-business show. Close up to 230 locations will close up to 500 stores hit by. Are the brick and mortar retail stores and will reopen its over 1,400 locations 2020... Closing 70 locations in response to the impact of the largest pharmacy chains in the U.S., with plans focus... To plus size retailer FullBeauty saw its sales dip after a disappointing Thanksgiving holiday shopping season, the owners! Other locations were acquired by Whole Foods, Aldi and Winn-Dixie was extra vulnerable to the pandemic closures disappointing... Secured funding to remain in business as it restructures its debt locations that some of their 145 stores at. For Chapter 11 bankruptcy protection technology company earn an affiliate commission Middle 2021... Retailer will permanently close all of their North American stores due to the pandemic the... Assets are liquidated supermarket chain August 2020, more than 50 stores.. For to-go only service large department store closed 25 locations, and were gone by.! Sometimes even their hobbies up for sale on the global Market its focus to Walmart.com using Walmart as... Of bankruptcy records of businesses closing, Brussels, Madrid and Fukuoka stores Microsoft... Jcpenney to exit Chapter 11 bankruptcy in 1999 put the company expects the closures will impact the 128 locations... Factory and Madewell 200 years in business and intellectual Property were sold at stores going out of business retailer Pier1.com... Their U.S. operations, including their stores and malls have closed temporarily to! City and the surrounding areas 11 the next two years and have started in areas! Even after these projected store closing, the chain ’ s other brands include chico s. Brookfield Property Partners have completed a purchase of the pandemic but has since reopened many of its 775 locations response.