Thread: More than 6,100 stores are closing in 2019

More than 6,100 stores are closing in 2019 as the retail apocalypse drags on — here's the full list

Hayley Peterson, provided by
| on April 12, 2019

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Photo: NurPhoto/NurPhoto Via Getty Images

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Click ahead to view retail stores closing in 2019.

Payless Shoe Source: 2,500 closures
Number includes stores in the U.S. and Canada

• More than 6,000 stores are expected to close in 2019.
• The discount chain Fred's announced Thursday that it would close 159 stores by the end of May.
• Charlotte Russe, Family Dollar, Abercrombie & Fitch, and Chico's recently announced more than 1,100 store closures in a span of 24 hours.
• Payless has said it plans to close all of its 2,500 stores in what could be the largest retail liquidation in history.

The staggering rate of store closures that has rocked the retail industry over the last couple of years is expected to continue in 2019, with roughly the same level of closures expected this year.

Retailers closed a record-breaking 102 million square feet of store space in 2017, then smashed that record in 2018 by closing another 155 million square feet of space, according to estimates by the commercial real estate firm CoStar Group.

"This year we are predicting more of the same in the retail space," said Drew Myers, a CoStar senior consultant.

Retailers have announced more than 6,000 store closures so far this year, according to an analysis by Business Insider.

Here's a list of all the stores closing this year:

Payless ShoeSource: 2,500 stores

Damian Dovarganes/AP
Payless filed for bankruptcy in February and said it planned to close all of its 2,500 stores in what could be the largest retail liquidation in history.

Gymboree: 805 stores

Wikimedia
Gymboree Group filed for Chapter 11 bankruptcy protection in January and said it planned to close more than 800 stores under its Gymboree and Crazy 8 banners.
Gymboree previously filed for bankruptcy as recently as June 2017 and closed nearly 400 stores in the process.

Charlotte Russe: 520 stores

Business Insider/Mary Hanbury
Charlotte Russe kicked off closing sales at 94 stores in February, after the company filed for Chapter 11 bankruptcy protection. In March, the company announced that it would liquidate its remaining 416 Charlotte Russe stores and 10 Peek Kids stores.

Family Dollar: 390 stores

Business Insider/Mary Hanbury
Dollar Tree said in March that it plans to convert about 200 Family Dollar stores into Dollar Tree stores, and close up to 390 additional stores under the Family Dollar brand.



Shopko: 371 stores

Shopko
Shopko filed for bankruptcy in January and said it would close 251 stores. The company said in March that it had failed to find a buyer for its business, and would liquidate its remaining 120 stores.



Chico's: 250 stores

AP
The women's clothing retailer Chico's said in March that it would close 100 Chico's stores, 90 White House Black Market stores, and 60 Soma stores over the next three years.



Gap: 230 stores

Business Insider/Jessica Tyler
Gap said Thursday that it would close 230 namesake stores over the next two years as it reported that the brand's same-store sales fell 7% during the holiday quarter. The company also said it would spin off its Old Navy brand.



LifeWay: 170 stores

LifeWay
LifeWay Christian Resources said in March that it planned to close all 170 of its stores. The Nashville-based company said it will continue to sell Bibles, books, children's products, church supplies, and Christian music and movies on its website.



Fred's: 159 stores

AP
Discount chain Fred's announced in April that it would close 159 stores by the end of May.



Performance Bicycle: 102 stores

Facebook/Performance Bicycle
Performance Bicycle's parent company, Advanced Sports Enterprises, filed for bankruptcy protection in November and later announced that it would close all 102 of its stores.



Sears: 70 stores

Barry Brecheisen/Invision for Sears/AP Images
Sears Holdings, which owns Sears and Kmart stores, emerged from bankruptcy in February after filing for Chapter 11 bankruptcy protection in October.



Destination Maternity: 42-67 stores

Destination Maternity
Destination Maternity plans to close between 42 and 67 stores this year.



Victoria's Secret: 53 stores

Dimitrios Kambouris/Getty Images
Victoria's Secret said it would close 53 stores this year, citing a "decline in performance."
NOW WATCH: Victoria's Secret is closing dozens of stores this year — here's why the brand has failed to keep up



Kmart: 50 stores

John Konstantaras/AP
Sears Holdings, which owns Sears and Kmart stores, emerged from bankruptcy in February after filing for Chapter 11 bankruptcy protection in October.



Abercrombie & Fitch: 40 stores

Business Insider/Jessica Tyler
Abercrombie & Fitch said in March that it plans to close up to 40 stores this year. Abercrombie & Fitch also plans to open 40 new stores, including 20 Hollister stores, 15 Abercrombie Kids stores, and five Abercrombie stores.
The company announced the closings as it reported that its Abercrombie brands' same-store sales fell 2% during the fourth quarter. Most of the stores that Abercrombie & Fitch plans to close are located in the US, the company said.



Bed Bath & Beyond: 40 stores

Getty/Kevork Djansezian
Bed Bath & Beyond said in April that it plans to close at least 40 stores in 2019, and possibly more. The company also said it would open 15 new stores.
"We expect to open approximately 15 new stores in fiscal 2019. This will be offset by a minimum of approximately 40 stores we expect to close," Robyn D'Elia, chief financial officer and treasurer, said on an earnings call. "This number will grow unless we are able to negotiate more favorable lease terms with our landlords."



Christopher & Banks: 30-40 stores

Facebook/Christopher & Banks


JCPenney: 27 stores

Business Insider/Hayley Peterson
JCPenney said it will close 27 stores in 2019, including 18 full-line department stores and 9 home and furniture stores. The department-store chain said same-store sales fell 4% during the fourth quarter.



Beauty Brands: 25 stores

Facebook/Beauty Brands
Beauty Brands, a regional chain of salon and spa superstores, said in December that it planned to close 25 stores this year.



Henri Bendel: 23 stores


Henri Bendel closed all its stores in January after 123 years in business.



Lowe's: 20 stores

Bruce Bennett/Getty Images
Lowe's is closing 20 stores across 13 states this year.



Z Gallerie: 17 stores

Facebook/Z Gallerie
Z Gallerie, a home furnishings and decor retailer, filed for Chapter 11 bankruptcy in March. The company said it plans to close 17 of its 76 stores during the restructuring process, according to bankruptcy filings.



Walmart: 12 stores

FILE PHOTO: Shoppers at a Walmart store in Chicago Illinois Reuters
Walmart is closing at least 12 US stores across nine states.
The stores include Walmart Supercenters in Lafayette, Louisiana, and Dallas, Texas, and Walmart Neighborhood Market stores in Arizona, California, Kansas, South Carolina, Tennessee, Virginia, and Washington.
The closing date for most of the affected stores is April 19,



Macy's: 9 stores

Macy's
Macy's is closing store s in Wyoming, Washington, California, New York, Indiana, Massachusetts, Virginia, and West Virginia.



J.Crew: 7 stores

Business Insider/Mary Hanbury
J.Crew is closing stores in Georgia, South Carolina, Tennessee, Louisiana, California,and Canada.



Kohl's: 4 stores

Business Insider/Jessica Tyler
Kohl's is closing four stores this year. All the closing stores are located in or near a shopping mall.



Nordstrom: 3 stores

Nam Y. Huh/AP
Nordstrom is closing stores in Florida, Virginia, and Rhode Island




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This is terrible, a lot of jobs will be lost and a lot of empty buildings left to deteriorate!