Thousands of stores have been forced to close as they struggle to adjust to changing consumer shopping habits.
As of March 1, more than 4,300 store closures have been announced, according to Coresight Research, a retail tracker.
Here’s a running list of major stores that are set to close in 2019:
JCPenney is planning to close 27 stores this year, including 18 full-line department stores and nine home and furniture stores. A list of these stores has not yet been revealed, but the company has struggled with dropping profits.
2. Victoria’s Secret
Victoria’s Secret will also close 53 stores after a disappointing holiday quarter. The company has struggled to adapt to changing consumer preferences in both merchandise and branding, leading customers to shop at other emerging lingerie and sleepwear brands.
Macy’s has set at least nine stores to close this year.
Sears recently learned that it would survive at a fraction of the footprint it once was when a bankruptcy judge approved CEO Eddie Lampert’s bid to buy the company. But that wasn’t before every Miami Valley Sears got the ax.
Stores at the Dayton Mall and Mall at Fairfield Commons closed late last year, the Piqua store closed last month and the Springfield location is set to shutter later this month.
5. Payless ShoeSource
In a bankruptcy filing, Payless ShoeSource will close all 2,300 U.S. stores. Brookville city officials have also said that the distribution center in Brookville that employs roughly 500 people will also close, but the company has declined to comment on the warehouse.
Liquidation sales are happening at Payless now, with most stores expected to remain open through March and many through May.
6. Gymboree and Crazy 8
All Gymboree and Crazy 8 branded stores from Gymboree Group Inc. were set to close when the company filed for its second bankruptcy in January.
There are Gymboree stores at The Greene Town Center and several in the Cincinnati and Columbus regions. Crazy 8 has stores in the Mall at Fairfield Commons and Dayton Mall.
Gymboree’s third brand, Janie and Jack, will continue operating as stand alone stores after Gap bought the company in bankruptcy court. The sale was approved Monday.
»Coming soon: Rapid Fired Pizza to open locations inside Kroger stores
Gap is closing stores, too. The company announced Thursday that it would close 230 namesake stores and split from Old Navy. Both brands will now be operated as separate publicly traded companies.
8. Saks Off 5th
Hudson Bay company plans to shutter 20 of the 133 Saks Off 5th stores. The list is not public yet, but there is a store in Cincinnati that could potentially close.
9. Things Remembered
Things remembered nearly escaped closing all stores when Enesco, a giftware, home decor and accessory company, agreed to buy the chain. Enesco dedicated to continuing a portfolio of physical stores and online sales, but still 422 Things Remembered stores are expected to close.
Area Things Remembered stores at the Mall at Fairfield Commons and the Dayton Mall have liquidation signs in their weddings, but the company has not confirmed they will close.
10. Charlotte Russe
Charlotte Russe will close all of its nearly 500 stores after it failed to find a buyer that wanted to keep the chain open in bankruptcy court.
11. Family Dollar
Dollar Tree announced that it will close 390 Family Dollar branded stores and rebrand another 200 to be Dollar Tree locations.
12. Abercrombie & FItch
Abercrombie & Fitch, which also owns Hollister, has said it will close up to 40 locations this year.
FIVE FAST READS