Is just one sight but a quick search brings up several articles. It is a circular article in that many different articles are a basic cut and paste
from someone else.
Here are 16 companies that have closed stores or will close stores soon:
Office supply company Staples has announced plans to close 225 stores by 2015, which is about 15 percent of its chain. Staples already closed 40
stores last year. Industry analysts expect Staples’ main competitor, Office Depot, which bought OfficeMax last year, to announce its own round of
store closings soon.
Radio Shack has announced plans to close 20 percent of its stores this year, which is as many as 1,100 stores. The company, which operates around
4,000 stores, reported that its sales fell by 19 percent last year.
Albertsons closed 26 stores in January and February according to Supermarket News. Analysts expect many more Albertsons could soon be shuttered
because Albertsons owner hedge fund Cerberus Capital Management just bought Safeway Inc. Some Safeway stores could soon shut down as well.
Clothing retailer Abercrombie & Fitch is planning to close 220 stores by the end of 2015. The company is also planning to shut down an entire chain it
owns, Gilly Hicks, which has 20 stores, 24/7 Wall Street reported.
Barnes & Nobles is planning to shut down one third of its stores in the next year: about 218 stores. The chain has already closed its iconic flagship
store in New York City.
J.C. Penney is closing about 33 stores and laying off about 2,000 employees.
The Record newspaper in New Jersey reported that Toys R Us has plans to close 100 stores.
The Sweetbay Supermarket chain will close all 17 of the stores it operates in the Tampa Bay area, The Herald Tribune newspaper reported. Many of the
stores might open as Winn-Dixie Stores. Sweetbay closed 33 stores in Florida last year.
The entire Loehmann’s chain of discount clothing stores in the New York City area shut down. Loehmann’s once operated 39 stores, The New York
Times reported, and was considered an institution by generations of New Yorkers.
Industry analyst John Kernan told CNN that he expects Sears Holdings, which owns both Sears and Kmart, to close another 500 stores this year. Sears
has already shut down its flagship store in Chicago.
Quiznos has filed for bankruptcy, USA Today reported, and could close many of its 2,100 stores.
Sbarro which operates pizza and Italian restaurants in malls, is planning to close 155 locations in the United States and Canada. That means nearly 20
percent of Sbarro’s will close. The chain operates around 800 outlets.
Ruby Tuesday announced plans to close 30 restaurants in January after its sales fell by 7.8 percent. The chain currently operates around 775
steakhouses across the US.
An unknown number of Red Lobster stores will be sold. The chain is in such bad shape that the parent company, Darden Restaurants Inc., had to issue a
press release stating that the chain would not close. Instead Darden is planning to spin Red Lobster off into another company and sell some of its
Ralph’s, a subsidiary of Kroger, has announced plans to close 15 supermarkets in Southern California within 60 days.
Safeway closed 72 Dominick’s grocery stores in the Chicago area last year.....
A List of U.S. Retailers Closing Stores, Going, Bankrupt, and Going Out of Business in 2014:
1100 Radio Shack stores
225 Staples (through 2015)
223 Barnes & Noble (through 2023)
180 Abercrombie & Fitch (by 2015)
175 Aeropostale (“over the next several years”)
170 Jones Group (by mid-2014 )
145 Brown Shoes / Famous Footwear
125 Children’s Place
91 Blockbuster (UK)
80 Family Dollar
74 McDonald’s (Japan)
73 Liquidation World (Big Lots Canada)
63 Build-A-Bear (through 2014)
50 Kitchen Collection
42 Edwin Watts Golf
42 Fresh & Green’s
26 Wet Seal
25 Build-A-Bear (through 2015)
25 Yankee One Dollar Stores
20 Barnes & Noble
20 Gilly Hicks
15 Office Depot
11 American TV & Appliance
7 Noni B
6 Cord Camera
4 Len Druskin
4 Meat House
4 Sprint Gas Stations
3 ACO Hardware
3 Champps Americana
2 Arden B
2 Best Buy
2 Finger Furniture
2 JMR Chalk Garden
2 Lolabella Boutique
2 My Favorite Toy Store
2 Powell’s Books
2 Rainbow Foods
No doubt there are more, especially the smaller mom and pop outlets/stores who for whatever reason will be shutting down....Maybe others will step in
to fill the nitch if there is a profit to be made... As others have pointed out without a job it is hard to buy stuff... On a positive note the
reported job number were good last month according to the government and many of the talking heads are saying corporate profits should but positive in
the next 3 quarters.. Anyway I found this interesting.