Chain stores are closing locations, but why? That’s the question on a lot of people’s minds lately. The answer isn’t simple, as there are many factors at play.

 

Borden Dairy

Borden Dairy, one of the largest dairy companies in the United States, has announced that it will be closing several of its locations in 2023. Borden Dairy has cited financial difficulties as the reason for the closures. This is likely to have a major impact on the local communities where the stores are located.

Many of Borden Dairy’s employees are likely to lose their jobs, and customers will have to find new sources for their dairy products. The closures are also likely to cause an increase in prices for dairy products in the region. Borden Dairy has not yet announced which specific stores will be closing, but it is expected to make a final decision by the end of 2021.

 

Maybelline

Maybelline, one of the largest cosmetic companies in the world, has announced that it will be closing 100 stores worldwide in 2023. The company stated that the move was due to “changing consumer habits” and that they would be focusing on their online presence instead.

While Maybelline’s decision may come as a disappointment to some, it is ultimately a reflection of the changing times. And with Maybelline’s expansive online presence, fans of the brand can still expect to find their favorite products without having to step foot in a store.

 

Pick ‘n Save

Pick ‘n Save has announced that it will be closing 100 of its stores by the end of 2023. The move is part of a larger trend of chain stores closing locations in recent years. The closures are often due to changes in consumer behavior, such as a shift to online shopping.

In the case of Pick ‘n Save, the company has also been facing stiff competition from discount grocery chains like Aldi and Lidl. While the closure of Pick ‘n Save stores will be a disappointment for many shoppers, it is likely that other grocery chains will fill the void left by the company.

 

Full Service Barbeque

Full service barbeque chain store locations will be closing in 2023. The company plans to focus on other ventures. Full service barbeque was once a popular restaurant choice, but the company has struggled to keep up with the competition in recent years. The restaurant industry is constantly changing, and Full Service Barbeque hasn’t been able to keep up.

The company plans to focus on other ventures, but did not give any details about what those ventures might be. Only time will tell what the future holds for Full Service Barbecue, but for now, it’s goodbye BBQ! Thank you for your years of loyal service!

 

Plowboys BBQ

Plowboys BBQ, a chain of barbecue restaurants based in Missouri, will be closing all of its locations in 2023. The company announced the decision in a statement on its website, citing “the challenges of the current economic environment.” Plowboys BBQ was founded in 2008 and currently has eight locations in the state of Missouri.

While the company did not give a specific reason for the closures, it is likely that the pandemic has played a role in Plowboys BBQ’s decision. This is a disappointing development for fans of Plowboys BBQ, but the company’s statement indicates that it is hopeful that its recipes will live on through other barbecue restaurants.

 

GEICO

GEICO is closing 200 stores in 2023. GEICO’s decision to close 200 stores is likely due to the company’s strong online presence and the rising cost of insurance premiums. It has not yet announced which stores will be closing, but it is likely that the store closures will be spread out across the United States.

Their customers can continue to purchase GEICO products and services online or through GEICO’s call center. GEICO’s decision to close 200 stores is not expected to impact Berkshire Hathaway’s bottom line. Berkshire Hathaway is one of the largest companies in the world with over $500 billion in assets.

 

Zoës Kitchen

Zoës Kitchen announced today that it will be closing all of its locations across the United States by the end of 2023. Zoës Kitchen has been struggling in recent years, with sales declining and new competitors entering the market. The company had previously closed several locations, but this is the first time that it has announced a complete shutdown.

Zoës Kitchen was founded in 1995 and quickly became a favorite among health-conscious diners. However, in recent years, the chain has struggled to keep up with changing tastes and trends. Zoës Kitchen is the latest casualty in the rapidly changing restaurant industry, and it is likely that other chains will follow suit in the coming years.

 

Dollar General

Dollar General is slated to close 150 stores in 2023. This move comes as the company looks to focus on more profitable locations and shore up its finances. Dollar General has been struggling in recent years, as competition from online retailers has increased and many consumers have shifted to spending their dollars on experiences rather than goods.

The company has also been hurt by the pandemic, as people have cut back on discretionary spending. While Dollar General has not yet released a list of specific store locations that will be closing, it is expected that the closures will be announced later this year.

 

Gopuff

In 2023, Gopuff plans to close 10% of its stores in the United States. The move comes as the company looks to focus on its growth in Europe and Asia. Gopuff currently operates more than 2,000 stores in the U.S., and the closures will affect more than 200 locations nationwide. Gopuff says it will provide impacted employees with severance packages and job placement assistance.

The company did not say which stores will be closing, but said that the closures will be spread across the country. Gopuff is a leading competitor in the convenience store industry, and its decision to close locations in the U.S. could have a significant impact on the industry as a whole.

 

Smithfield Foods

Smithfield Foods, the world’s largest pork producer, plans to close six of its U.S. stores by the end of 2023. The company said the move is part of a plan to focus on “higher-margin businesses.” Smithfield operates more than 380 stores in the United States and employs about 3,500 people.

The company did not say how many jobs would be lost as a result of the closures. Smithfield’s announcement comes as the U.S. pork industry is struggling with a oversupply of pork and weak demand from China, its biggest export market. Smithfield is owned by China’s WH Group, which acquired the company in 2013 for $4.7 billion.

 

YMCA

The YMCA is a nonprofit organization that was founded in 1844. It is one of the largest retailers in the United States, with more than 2,700 locations. However, the YMCA has announced that it will be closing 200 locations across the country in 2023.

The closures will affect locations in 35 states, including Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Wisconsin. The YMCA says that the closures are necessary to help offset the financial impact of the COVID-19 pandemic.

 

Hale and Hearty

Hale and Hearty, a chain of soup shops, announced the closure of all its locations in early 2023. The company cited financial difficulties as the reason for the closures. Hale and Hearty is the latest casualty of the pandemic, which has decimated the restaurant industry. According to the National Restaurant Association, sales at restaurants are down 30% since the start of the pandemic.

The closures will result in the loss of hundreds of jobs. The restaurant industry is vital to the US economy, accounting for nearly 4% of GDP. It is also one of the largest employers in the country, with more than 15 million people working in restaurants. The closures will have a ripple effect on the economy and could lead to further job losses.

 

StubHub

StubHub is a chain store that is scheduled to close all of its locations in 2023. The company has been struggling to keep up with the shift to online ticket sales, and it has also been hit hard by the pandemic. As a result, StubHub has decided to close all of its stores and focus on its online business.

This is bad news for fans of live music, as StubHub was one of the largest sellers of tickets for concerts and other events. However, the company’s online business is still going strong, and fans will still be able to buy tickets through StubHub’s website.

 

Hy-Vee

Hy-Vee, Inc. is an American employee-owned grocery store chain Hy-Vee currently operates more than 265 locations across eight Midwestern states Hy-Vee plans to close more than 60 Hy-Vee drugstores in the United States in early 2023. The Hy-Vee brand will no longer be associated with these locations after they close.

Hy-Vee has not released a list of the specific locations that will be closing. However, Hy-Vee did announce that the closures will primarily affect Hy-Vee stores located in Iowa, Illinois, Nebraska, South Dakota, and Minnesota. Hy-Vee plans to redeploy many of the employees who work at the stores that are closing to other Hy-Vee locations. Hy-Vee also plans to invest more than $2 billion over the next three years to modernize its stores and expand its product offerings.

 

Panera

Panera is one of the most popular chain stores in the United States. Founded in 1981, Panera has over 2,000 locations across the country. However, Panera plans to close 150 locations by 2023. Panera has not yet announced which locations will be closing. Panera plans to invest $100 million in digital ordering and delivery options. Panera plans to close 150 locations by 2023.

Panera plans to invest $100 million in digital ordering and delivery options. Panera plans to close 150 locations by 2023. Panera has not yet announced which locations will be closing but plans to invest $100 million in digital ordering and delivery options.

 

Lidl

Lidl, a German grocery chain, is closing all of its US locations by the end of 2023. The company announced the news on Tuesday, saying that it had made the “difficult decision” to exit the US market after years of struggling to compete against larger rivals.

Despite investing heavily in its US operations, Lidl has struggled to gain a foothold in the competitive grocery market. In a statement, Lidl’s CEO said that the company “would like to thank our dedicated team members for their hard work and commitment over the past four years.” Lidl’s US employees will be offered severance packages and job placement assistance. The company’s store closures will begin in early 2023.

 

Costco

Costco plans to close 15 locations in the U.S. and Canada in 2023. The Costco store closings are part of a larger plan to focus on e-commerce and urban areas. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia. Costco plans to open 30 to 35 new locations worldwide next year.

Costco has not yet announced which locations will be closing. Costco is a membership warehouse club that offers products and services at discounted prices. Costco has more than 87 million members worldwide.

 

Fallas

Fallas is a chain store that is known for its low prices and variety of merchandise. However, Fallas has announced that it will be closing several locations in 2023. This is due to the fact that Fallas has been struggling to compete with other retailers.

It is unclear how many employees will be impacted by these closures. Fallas has said that it will provide severance packages and job placement assistance to all affected employees. The company has also said that it will be working with local officials to help minimize the impact of the closures.

 

Great Lakes Coffee

Great Lakes Coffee is a regional chain of coffee stores with locations throughout the Midwest. The company has announced that it will be closing several of its stores in 2023, including locations in Michigan, Ohio, and Indiana. The closures are part of Great Lakes Coffee’s ongoing effort to streamline its operations and focus on its core markets.

While the company’s decision to close some of its stores is unfortunate, it’s understandable given the current retail environment. Great Lakes Coffee’s remaining locations will continue to serve customers throughout the Midwest, providing them with the same great coffee and friendly service that they’ve come to expect.

 

Sprouts Farmers Market

Sprouts Farmers Market announced that it would be closing 27 stores across the country in 2023. This is in addition to the 30 closures that were announced last year. Sprouts is just one of many chain stores that have been forced to consolidate in recent years due to a combination of factors, including the pandemic and changing consumer habits.

The Sprouts closures will affect stores in Arizona, California, Colorado, Texas, and Utah. Sprouts has not yet released a list of the specific stores that will be closing. However, it is likely that many of these locations will be in proximity to other Sprouts stores, which will help to minimize the impact on customers.

 

CVS

CVS plans to close 46 of its stores in 2023. The company hasn’t given a specific list of which stores will be closing, but CVS says that the locations chosen are those that are “underperforming.” This is the first time CVS has announced store closings since 2015, when it closed 70 locations.

These closings are a sign of the times; as more and more consumers move to online shopping, brick-and-mortar stores are struggling to keep up. While it’s sad to see these stores closing their doors, it’s not surprising given the current state of the retail industry.

 

Dunkin’ Donuts

Dunkin’ Donuts is one of the most popular coffee chains in the United States, with over 11,000 locations nationwide. However, the company has announced that it will be closing 600 stores by the end of 2023. The closures will primarily affect Dunkin’ Donuts locations that are located inside other businesses, such as grocery stores or malls.

Dunkin’ Donuts has cited the coronavirus pandemic as a factor in the decision, as many of the businesses that host Dunkin’ Donuts locations have seen a decline in foot traffic. The company also plans to refranchise 400 of its stores, meaning that Dunkin’ Donuts will no longer directly operate those locations.

 

AMC

AMC, the world’s largest movie theater chain, is set to close many of its locations in the next year. The company has struggled to keep up with rising competition from streaming services such as Netflix and Disney+. AMC has also been hit hard by the COVID-19 pandemic, with many of its theaters remaining closed for most of 2020.

As a result, AMC plans to close around 100 of its locations in the U.S. and Canada by the end of 2023. This will likely lead to a further decline in AMC’s market share and could put the company at risk of bankruptcy. These closings will likely have a negative impact on the theatrical industry as a whole.

 

Starbucks

Starbucks is set to close 150 locations in the U.S. by the end of 2021. Starbucks plans to shutter underperforming company-operated stores in urban locations around the country where it has been struggling to drive traffic during the pandemic. Starbucks stated that these store closings are a “necessary step to position Starbucks for accelerated growth.”

This move comes as Starbucks attempts to adapt to changing consumer habits during the pandemic, including a shift to digital ordering and delivery. Starbucks isn’t the only chain store feeling the impact of the pandemic. It’s likely that we’ll see more chain stores announcements of closings in the coming months.

 

AT&T

AT&T is one of the largest telecommunications companies in the United States. The company provides wireless, broadband, and digital TV services to millions of customers across the country. However, AT&T has announced that it will be closing a number of its retail stores in 2023.

AT&T has not provided a specific reason for the store closures, but it is likely that the company is looking to cut costs in light of the pandemic. This is not the first time AT&T has closed stores; the company shuttered more than 1,000 locations in 2008 during the financial crisis. AT&T plans to provide more information about the store closures in the coming months.

 

Bed Bath & Beyond

Bed Bath & Beyond has announced that it will be closing 200 stores by the end of 2023. The retailer, which has been struggling in recent years, said that the closures are part of a restructuring effort to improve its financial performance.

The challenges faced by these retailers are indicative of a broader shift in consumer spending habits. As a result, traditional retailers are increasingly struggling to compete. While Bed Bath & Beyond’s decision to close 200 stores is regrettable, it may be necessary in order for the retailer to stay afloat in the years to come.

 

Walgreens

Walgreens, one of the largest drugstore chains in the United States, is closing 200 locations across the country. The decision was made in response to changing demographics and the increasing popularity of online shopping. Walgreens plans to focus on its remaining 8,200 stores, which are located in more urban areas. The company also plans to invest more heavily in its online presence.

This move comes as a result of a shift in consumer behavior, with more people opting to purchase items online rather than in brick-and-mortar stores. As e-commerce continues to grow, it’s likely that we’ll see more store closures in the years to come.

 

Target

Target is one of the largest chain stores in the United States. Founded in 1902, Target has over 2,000 locations across the country. However, Target has announced that it will be closing 100 stores by the end of 2023. While this may seem like a large number, it represents less than 5% of Target’s total store count.

Target has said that the decision to close these stores was based on a number of factors, including profitability and performance. While it’s always sad to see a store close its doors, Target’s decision to close these 100 stores is a smart business move that will ultimately help the company be more successful in the long run.

 

H&M

H&M has been struggling in recent years, and it has announced that it will be closing 170 stores worldwide in 2023. H&M’s difficulties have been partly due to the rise of online shopping, which has caused many customers to shift their spending away from traditional brick-and-mortar retailers.

As a result of these challenges, H&M’s sales have declined by 9% over the past two years, and its share price has fallen by 50%. While H&M’s store closings will undoubtedly have an impact on the retail sector, it remains to be seen whether the company can turn its fortunes around in the long term.

 

Best Buy

Best Buy plans to close 150 big-box stores in the U.S. by the end of 2023, the retailer announced Wednesday. Best Buy said the move is part of its goal to focus on “geographic expansion and other key investments.” Best Buy has more than 1,000 stores in the U.S., so the closings represent about 15% of its locations.

Best Buy said it will take a $250 million charge related to the store closings in its fiscal fourth quarter, which ends Feb. 3. Best Buy’s stock was down nearly 6% in premarket trading on Wednesday. Best Buy’s decision to close stores comes as other retailers have been scaling back their brick-and-mortar operations.

 

 GNC

In 2023, several big-name stores are set to close their doors for good. Among the most notable is GNC, the global health and wellness retailer. Founded in 1935, GNC has been a mainstay in malls and shopping centers across the country. However, the company has struggled in recent years, hurt by competition from online retailers and changes in consumer habits.

In January 2020, GNC filed for Chapter 11 bankruptcy protection, and it has been slowly closing stores ever since. The company plans to shutter all of its remaining locations by the end of 2023. This includes both standalone stores and those inside other retail establishments, such as supermarkets.

 

Bath & Body Works

Bath & Body Works plans to close 100 stores in North America in 2023. The closures are part of the company’s ongoing effort to streamline its operations and focus on its most profitable locations. Bath & Body Works has already closed 50 stores in 2020 and another 31 in 2021. The company plans to continue reducing its store count in the coming years as it looks to boost profitability.

While the Bath & Body Works brand remains strong, the company faces stiff competition from online retailers and other chains in the beauty space. The pandemic has also accelerated the shift to online shopping, which is likely to continue even after the health crisis subsides.

 

Ulta Beauty

Ulta Beauty plans to close 150 stores in the next two years as the cosmetics retailer tries to boost its online sales and adapt to changes in how consumers shop during the pandemic. Ulta said the move will help it generate annual cost savings of about $275 million when fully implemented.

The company plans to use some of those savings to invest in digital initiatives and other growth opportunities. Ulta is also working on reducing its inventory levels, which grew significantly during the pandemic as consumers stocked up on beauty products while they were stuck at home.  The company said it expects these efforts will help it drive profitable growth and create shareholder value over the long term.

 

Pet Valu

Pet Valu, a national pet store chain, announced that it will be closing all of its locations by the end of 2023. The company, which has been in business for over 40 years, cited financial difficulties as the reason for the closure. The rise of online shopping and the COVID-19 pandemic have dealt a severe blow to the traditional retail model.

While the death of brick-and-mortar retail is often lamented, it is important to remember that the rise of e-commerce has created new opportunities for businesses and consumers alike. But with so many options available, they are sure to find a retailer that meets their needs.

 

The Gap

The Gap, a popular clothing chain, is set to close 150 stores worldwide in 2023. The company has not yet released a list of which stores will be closing, but it is expected that the majority of closures will be in the United States. The Gap has been struggling in recent years, and this latest move is seen as an effort to cut costs and improve profitability.

The chain has already closed dozens of stores in the past few years, and more closings are likely to follow in the coming years. The changing retail landscape is having a major impact on the economy, and these closures will result in job loss and reduced tax revenue for local governments.

 

Victoria’s Secret

Victoria’s Secret has been struggling in recent years, and it was announced in early 2021 that they would be closing dozens of stores across the country. The exact number of stores that will be closing has not been announced, but it is expected that the majority of Victoria’s Secret locations will be shuttered by the end of 2023.

As more and more people shop online, physical stores are becoming less popular, and many brands are struggling to keep up with the changing times. Victoria’s Secret is just one example of this, and it is likely that other chain stores will follow suit in the near future.

 

Urban Outfitters

Many major retailers have announced store closures for 2023. Urban Outfitters is one of them. The company has announced that it will be closing 15 stores in the United States and Canada next year. This is a significant decrease from the 30 stores Urban Outfitters closed in 2020.

While the company has not released an official statement, it is likely that the closures are due to the decrease in foot traffic at malls and shopping centers. These closings will result in the loss of thousands of jobs and an estimated $4 billion in sales for these retailers.

 

The Children’s Place

The Children’s Place is one of the many stores that will be closing its doors in 2023. The company announced that it would be closing down 150 stores worldwide, including locations in the United States, Canada, and Puerto Rico. The Children’s Place is just one of the latest casualties of the retail industry, which has been hit hard by the pandemic.

While some retailers are struggling to stay afloat, others are thriving. Online retailers such as Amazon and Wayfair have seen an uptick in business, as more people are shopping from home. The pandemic has changed the way we shop, and it seems that chain stores will continue to feel the effects for years to come.

 

Neiman Marcus

Neiman Marcus is the latest victim of the pandemic-induced retail recession, with the luxury department store announcing that it will close 15 locations across the country by early 2023. In recent years, the company has shuttered a number of underperforming stores, but the pandemic has accelerated this process.

While it’s uncertain what the future holds for the beleaguered retailer, one thing is certain: the pandemic has dealt a serious blow to the brick-and-mortar retail industry. Neiman Marcus is just one of many chain stores that have been forced to close locations in the wake of the pandemic, and it’s likely that we’ll see even more closures in the coming years.

 

Foot Locker

Foot Locker operates approximately 3,500 stores globally. Due to the COVID-19 pandemic and resulting decrease in foot traffic to malls and shopping centers, Foot Locker announced that it would be closing 150 stores worldwide in 2020.

In 2021 Foot Locker is expected to close an additional 100 to 120 stores. Foot Locker plans to focus on its more profitable locations and expand its digital presence in order to continue growing as a company. Although this will mean the loss of some jobs, Foot Locker remains committed to helping those affected by these closures find new employment.

 

Guess

It’s no secret that 2020 was a tough year for retail. With the pandemic forcing people to stay home, many businesses saw a sharp decline in sales. Unfortunately, this trend is expected to continue into 2021 and beyond. In fact, according to a recent report, as many as 15,000 chain stores could close their doors by the end of 2023.

This would represent a significant increase from the 9,300 store closings that were recorded in 2020. While the exact number of closings is still unknown, the report provides a sobering glimpse into the future of retail. As businesses continue to struggle, it’s likely that even more stores will be forced to shut down in the coming years.

 

Walmart

Walmart, the world’s largest retailer, announced it will be closing 79 stores across the United States in 2019. The move is part of an ongoing effort to focus on Walmart’s e-commerce business and invest in its brick-and-mortar locations. Walmart plans to close 26 Walmart Supercenters, 12 Walmart Neighborhood Markets, seven Sam’s Clubs, and 34 other small formats.

The closures will affect about 10,000 employees, or 1% of Walmart’s U.S. workforce. The company said it will offer affected employees the opportunity to transfer to another Walmart store. Walmart has more than 5,000 stores in the United States and more than 11,000 stores worldwide.

 

American Eagle Outfitters

American Eagle Outfitters is one of the latest chain stores to announce closing locations. In a recent press release, the company stated that they would be closing 154 stores globally by 2023. American Eagle Outfitters isn’t the only store feeling the effects of the pandemic; several other retailers have also announced closings in recent months.

In recent years, there has been a shift in consumer spending habits, with more people opting to spend their money on experiences rather than things. This trend is likely to continue even after the pandemic ends, which means that we can expect to see more chain stores closing their doors in the years to come.

 

DSW

In March 2021, DSW announced that it would close all 38 of its Canadian stores by the end of 2023. This move comes as DSW looks to focus on its core market in the United States. DSW plans to use the savings from the Canadian closing to invest in more growth opportunities in the U.S. market.

DSW CEO Roger rawlings states, “We believe that our future growth will come from continuing to capitalize on opportunities in our existing footprint, and we are taking this tough but necessary step to allow us to redeploy capital to our highest return markets.” DSW expects to take a charge of approximately $19 million in fiscal 2023 related to the Canadian store closings.

 

Pottery Barn

Pottery Barn is one of the most popular home decor chain stores in the United States. However, the company has announced that it will be closing several of its locations in 2023. The exact number of stores that will be closing has not yet been announced, but it is expected that the closures will occur across the country.

Pottery Barn has cited a number of factors for its decision to close some of its stores, including the impact of the pandemic on sales and the shift to online shopping. While Pottery Barn will no longer have a physical presence in some parts of the country, shoppers can still find their favorite items online or at other retailers that sell Pottery Barn products.

 

Macy’s

Macy’s, one of the largest department store chains in the United States, announced in early 2020 that it would be closing several locations across the country. While the exact reasons for these closings have not been divulged, it is likely that the COVID-19 pandemic has played a role.

With more and more consumers shopping online, brick-and-mortar stores have been struggling to keep up. In addition, the closure of Macy’s flagship store on 34th Street in Manhattan – which is set to happen in early 2023 – may also be a contributing factor. Whatever the reason, the chain store closings are sure to have a major impact on the retail landscape.

 

Disney

Disney is closing all of its chain stores by the end of 2023. The company said that the decision was due to the “changing retail landscape.” Disney operates more than 200 stores in the United States, including locations in Disneyland and Disney World.

Disney’s chain store closure will result in the loss of thousands of jobs. Disney said that it will provide severance pay and other assistance to affected employees. With more people shopping online, brick-and-mortar stores are struggling to compete. As a result, we are seeing more store closures and less foot traffic in malls and shopping centers.

 

Banana Republic

Banana Republic will close several stores across the country in 2023. The specific locations have not yet been announced, but Banana Republic plans to shutter at least 10 stores. Banana Republic has been slow to adapt to the shift toward casual wear, and its prices are often significantly higher than comparable items from other brands.

The company’s decision to close some stores is likely an effort to reduce costs and focus on its more successful locations. Banana Republic’s store closings will be a blow to the many communities that rely on the retailer for jobs and tax revenue. But with Banana Republic’s future in doubt, it may be only a matter of time before other chain stores follow suit.

 

Kmart

Kmart, once a powerhouse in the retail industry, has announced that it will be closing all of its locations by early 2023. The company has been struggling for years, and has been forced to close several hundred stores in recent years. This latest move comes as no surprise to industry experts.

Kmart has been unable to keep up with the competition, and has been losing market share to rivals such as Walmart and Target. Kmart’s decline is a cautionary tale for other retailers. In an increasingly competitive marketplace, it is essential for companies to stay relevant and appealing to consumers. Kmart clearly failed to do this, and as a result, it will soon be gone from the retail landscape.

 

Chico’s

Chico’s is a chain of women’s clothing stores that was founded in 1983. The company has over 650 stores in the United States, Canada, and Puerto Rico. Chico’s is known for its casual yet stylish clothing, and its sales have been steadily declining in recent years. In October 2020, Chico’s announced that it would be closing 150 stores worldwide by the end of 2023.

While Chico’s store closings are certainly regrettable, they are not surprising given the current state of the retail industry. Many other retailers have been forced to close stores or declare bankruptcy in recent years, and Chico’s is just one more victim of the changing retail landscape.

 

Office Depot

The company announced that it would be shuttering 150 stores in the U.S. and Canada over the next three years as part of a cost-saving initiative. Office Depot has been struggling to compete with online retailers such as Amazon, and the pandemic has accelerated the shift to digital shopping.

While Office Depot’s store closings may be bad news for employees and shoppers, it could be a boon for other retailers who will benefit from the increased foot traffic. In any case, the Office Depot closures are a sign of the times, and it’ll be interesting to see how the company adapts in the years to come.

 

Kohl’s

Kohl’s plans to close all stores nationwide by the end of 2023. The retailer, which has been struggling for years, has been unable to keep up with the competition from online retailers. Kohl’s had already closed several hundred stores in recent years, but the pandemic hastened the company’s demise.

With customers increasingly shopping online, Kohl’s was unable to generate enough sales to keep its doors open. The company plans to liquidate its assets and use the proceeds to pay off its debt. Kohl’s closure will leave thousands of employees out of work and will be a blow to the retail industry.

 

Carter’s

The company announced the news on April 5th, 2021, saying that the closures are part of an effort to “ focus on its most profitable stores.” This is likely to have a significant impact on the retail industry, as Carter’s is one of the largest tenants in malls across the country. The company also plans to reduce its inventory levels and increase its online presence in order to save costs.

The retail industry has been hit hard by the pandemic, with many consumers opting to shop online rather than in brick-and-mortar stores. It is unclear how long it will take for the industry to recover from the pandemic, but it is certain that Carter’s closure will have a significant impact on mall landlords and other retailers.

 

Express

Express, a popular clothing chain store, has announced that it will be closing 100 locations by the end of 2023. This news comes as a surprise to many, as Express has been a staple in malls across the country for decades. However, the company has been struggling in recent years, and this move is seen as a way to cut costs and boost profits.

This means that there may soon be an Express-sized hole in many shopping malls across America. For now, Express remains open for business, but it is clear that the company is facing some tough times ahead.

 

Modell’s

Modell’s has been struggling in recent years, and the company has announced that it will be closing all of its stores by 2023. This is a significant development for the retail industry, and it will have a major impact on Modell’s employees, customers, and suppliers.

While Modell’s has not provided a specific reason for the decision to close its stores, it is likely that the company has been affected by the rise of online shopping and the decline of brick-and-mortar retailers. Modell’s is not the only retailer facing challenges, but it is one of the oldest and most iconic chains in the United States. The closure of Modell’s stores will be a significant loss for the retail industry.

 

White House Black Market

White House Black Market announced in early 2021 that it would be closing all of its stores by the end of 2023. This move comes as a result of the COVID-19 pandemic, which has had a significant impact on the retail industry as a whole.

While the pandemic has been difficult for businesses across the board, it has been especially challenging for retailers who have had to contend with closed doors and limited customer traffic. The closure of White House Black Market will undoubtedly have a negative impact on the retail industry, but it remains to be seen how much longer the pandemic will continue to affect businesses. Only time will tell.

 

Z Gallerie

Z Gallerie, a national chain of home furnishing stores, announced today that it will be closing all of its locations by the end of 2023. The company, which has been in business for 33 years, has been struggling to keep up with online retailers and has been losing money for the past several years.

The company says that it will work with employees to help them find new jobs and will provide severance pay for those who are not able to find new employment. It remains to be seen how many more stores will be forced to close in the coming years as the retail landscape continues to change.

 

Burger King

Burger King, one of the world’s most popular fast food chains, has announced that it will be closing several hundred stores in 2023. The majority of these closures will be in the United States, where Burger King has struggled to compete with other fast food chains in recent years.

While the exact number of stores that will be closing has not yet been announced, it is clear that Burger King is making some major changes to its business model. For many Burger King fans, this news comes as a disappointment. However, the company has stated that it is still committed to serving its customers through its remaining locations.

 

Christopher & Banks

Christopher & Banks is a women’s clothing store that has been in business for over 60 years. The company has announced that it will be closing all of its stores by the end of 2023. The company’s decision to close its stores is due to the challenges posed by the COVID-19 pandemic.

Christopher & Banks is the latest in a long line of retailers that have been forced to close their doors due to the pandemic. Other notable retailers that have closed locations include J.C. Penney, Macy’s, and Sears. The challenges faced by the retail sector are likely to continue in the coming years, as the pandemic continues to impact the economy.

 

Vera Wang

Vera Wang has been struggling to find its footing in recent years as chain stores have increasingly dominated the market. Vera Wang’s decision to close its stores is likely to be a blow to the bridal industry, which has already been struggling in the wake of the COVID-19 pandemic.

With e-commerce continuing to grow in popularity, many shoppers are opting to purchase items online instead of in-store. This shift has put pressure on traditional retailers to find new ways to reach consumers. Vera Wang’s decision to close its stores suggests that the company has been unable to find a successful way to adapt to this changing landscape.

 

Zara

Zara is set to close hundreds of stores worldwide in the next two years. Zara did not disclose how many stores will be closing, but said the decision was made in order to “optimize” its store portfolio. Zara has over 7,000 stores in 96 countries, so the closures represent a significant shift in strategy for the company.

The move comes as Zara looks to focus more on online sales, which have been growing at a faster rate than sales at physical stores. Zara is not the only retailer to announce store closures in recent months. H&M, JCPenney, and Macy’s have all announced plans to shutter locations as they grapple with declining mall traffic and the growth of online shopping.

 

Williams-Sonoma

Williams-Sonoma, a chain of high-end home furnishings stores, announced today that it will be closing 12 locations across the United States in 2023. The company cited the COVID-19 pandemic as the primary reason for the closures, stating that sales have been significantly impacted by the shutdown of retail stores and reduction in travel.

Williams-Sonoma has been struggling in recent years, with same-store sales declining for five straight quarters prior to the pandemic. The company has closed 22 stores since 2017, and more closures are likely in the future. While the COVID-19 pandemic has accelerated the pace of store closures, Williams-Sonoma is not alone in its struggles.

 

Denny’s

Denny’s is closing 16 locations across the United States in 2023.  Denny’s Corporation made the announcement on Monday, March 15th. Denny’s has not yet announced which specific locations will be closing.  The 16 Denny’s closures are part of the company’s plan to “optimize its portfolio” and focus on “ growth opportunities.”

Denny’s currently has 1,728 restaurants across the United States. Denny’s is known for its 24-hour availability, diverse menu and affordable prices.  Some of Denny’s most popular menu items include the “Build Your Own Grand Slam” and the “Strawberry Shortcake Slam.”  Denny’s also offers a variety of breakfast items, sandwiches, burgers, salads, and desserts.

 

Francesca’s

Francesca’s has been struggling financially in recent years, reporting a net loss of $129 million in 2020. In response to these financial difficulties, Francesca’s has announced that it will be closing all of its stores by the end of 2023. This decision will result in the loss of over 3,000 jobs.

Francesca’s is not the only chain store that is facing financial difficulties and closing locations. These closures are likely to result in significant job losses and a decrease in the availability of retail goods and services in many communities across the United States.

 

Ralphs

Ralphs, a California-based grocery chain, announced that it would be closing all of its stores by the end of 2023. The company cited poor sales and competition from online retailers as the main reasons for the closures. Ralphs has been struggling in recent years, and many believe that this is the final nail in the coffin for the company.

This is a blow to the thousands of employees who will now be out of a job, as well as to the communities that Ralphs served. The company operated over 1,000 stores across California, and its demise will leave a big hole in the state’s retail landscape.

 

Family Video

Family Video, one of the last nationwide chain stores dedicated to renting and selling physical DVDs and Blu-rays, announced that it will be closing all of its locations by the end of 2023. The news comes as streaming services continue to grow in popularity, with an estimated 60% of American households now using at least one.

However, the rise of streaming services such as Netflix and Hulu has led to a decline in physical media sales, and Family Video has been unable to keep up. In an age where we can watch whatever we want, whenever we want, it’s simply easier and cheaper to stream our favorite movies and TV shows than it is to rent or buy them.

 

OfficeMax

OfficeMax is one of the latest victims of the COVID-19 pandemic. The company announced that it will be closing 150 stores by the end of 2023. This is in addition to the 40 OfficeMax locations that have already closed since March 2020. OfficeMax is not the only chain store feeling the effects of the pandemic.

Other retailers, such as J.C. Penney and Macy’s, have also announced plans to close stores in the coming years. The COVID-19 pandemic has had a devastating effect on the retail industry, and it is likely that more store closings will be announced in the coming months.

 

Tiffany & Co.

Tiffany’s has been in operation for nearly two centuries, but it looks like the company may be facing some tough times ahead. While the exact number of closures has not yet been announced, it is estimated that Tiffany’s will shut down at least 30% of its locations by 2023.

The company has attributed the decision to the “changing global retail landscape,” which has been impacted by the COVID-19 pandemic. However, many industry experts believe that Tiffany’s is also feeling the pinch from competition from lower-priced jewelry retailers. Whatever the reason for the closures, it is clear that Tiffany’s is facing some challenges in the years ahead.

 

Zales

Zales, the famous jewelry store chain, will be closing 9% of their locations by the end of 2023. In recent years, Zales has been struggling to keep up with rising costs and competition from online retailers. As a result, the company has decided to focus on its core strengths and close underperforming stores.

This decision will affect approximately 90 stores across the country. While this is a difficult decision for Zales, it is necessary in order to ensure the long-term viability of the company. Zales has been a trusted name in jewelers for over 100 years, and we remain committed to providing our customers with the highest quality products and services.

 

Luby’s

Luby’s, a popular chain restaurant in the United States, announced in early 2021 that it would be closing 30 Luby’s locations across the country. The chain has struggled in recent years with declining sales and increasing competition from other restaurant chains. Luby’s plans to focus on its core markets in Texas and Louisiana, where the company still has a strong presence.

This will result in the loss of approximately 600 jobs. Luby’s is just one of many chain stores that have been forced to close locations due to the economic downturn caused by the COVID-19 pandemic. The future of the retail industry is uncertain, but it is clear that the COVID-19 pandemic has had a devastating impact on the retail sector.

 

Pizza Inn and Pie Five

Pizza Inn and Pie Five Pizza Co. are two popular pizza chains that will be closing several locations in 2023. Pizza Inn was founded in 1958 and currently has around 300 locations, most of which are in the southern United States. The company plans to close around 50 locations next year.

Pie Five Pizza Co. was founded in 2011 and has around 100 locations, mostly in the Midwest and Northeast. Both companies cited the same reasons for their closures: increased competition from other pizza chains and delivery services, rising costs, and declining sales. Pizza lovers will have to find their favorite pies elsewhere next year!

 

Roti

Roti, a fast-casual Mediterranean chain, will be closing all of its locations in 2023. The brand has struggled in recent years, and this move marks the end of Roti’s brick-and-mortar presence. Roti’s closure will impact approximately 1,000 employees. The brand is known for its made-from-scratch food and commitment to using fresh ingredients.

However, Roti has been facing stiff competition from other fast-casual chains in recent years. This, combined with the pandemic, has proved to be too much for the brand. Roti’s closure is a sign of the challenges that chain restaurants are facing. It also highlights the importance of innovation and adaptation in the ever-changing restaurant industry.

 

Collected Group

The company has not yet released a list of which stores will be closing, but it is expected that the closures will primarily affect Collected Group’s smaller, less profitable locations.  It is unclear how many jobs will be lost as a result of the closures, but Collected Group has indicated that it will work to help affected employees find new positions within the company.

The move comes as Collected Group seeks to improve its financial performance after several years of declining sales. While the closure of Collected Group’s stores will be disappointing for many shoppers, it is indicative of the challenges that traditional retailers are currently facing.

 

CSA Czech Airlines

CSA Czech Airlines is set to close several of its locations in 2023. The airline will be closing its locations in Amsterdam, Barcelona, Copenhagen, Dublin, Frankfurt, London, Madrid, Milan, Paris, Rome, and Zurich. CSA Czech Airlines has been struggling to compete with the larger airlines and has been losing money for years.

CSA Czech Airlines has not yet announced how many employees will be affected by the closures. The closure of these locations will allow the airline to focus on its more profitable routes. CSA Czech Airlines plans to offer customers alternative routes and is working with other airlines to provide connecting flights.

 

 IHOP

It was recently announced that IHOP would be closing 100 locations by the end of 2023. This news came as a surprise to many, as IHOP has been a popular chain restaurant for decades. However, this isn’t the first time that IHOP has had to close locations. In fact, IHOP has been closing locations steadily over the past few years.

However, it’s possible that the closure of these chain stores is indicative of a larger trend. In an increasingly digital world, it may be that more and more people are choosing to order food online or cook at home rather than eat out. Only time will tell if this is truly the case.

 

McDonald’s

Founded in 1940, the company has grown to over 37,000 locations in more than 120 countries. However, McDonald’s has recently announced that it will be closing 200 locations worldwide in 2023. The majority of these closures will be in the United States, with McDonald’s citing “a challenging business environment” as the reason for the closures.

This news comes as a surprise to many, as McDonald’s has typically been able to weather economic downturns fairly well. It remains to be seen how these closures will affect McDonald’s overall business, but it is certainly a significant development for one of the world’s most recognizable brands.

 

Westfield Malls

Westfield Malls have announced that they will be closing their stores in 2023. Westfield Malls are a chain of shopping malls located in the United States. The company has been struggling in recent years, and this is the latest in a series of store closings. Westfield Malls has been trying to sell its assets, but so far no buyer has been found.

This is a difficult time for the company, and it remains to be seen how this will affect their future. Westfield Malls is one of the largest mall operators in the United States, and their store closings will have a significant impact on the retail industry.

 

Becca Cosmetics

Becca Cosmetics, a chain store that specializes in selling Becca-branded makeup products, announced that it will be closing all of its locations in 2023. Becca has been struggling financially in recent years, and the COVID-19 pandemic has exacerbated the situation.

Becca’s CEO said that the company had been exploring options for restructuring or selling the business, but ultimately decided that closure was the best option. Becca’s employees will be offered severance packages and outplacement assistance. The company’s website will remain operational, and customers will still be able to purchase products online. Becca said that it plans to donate unsold inventory to charity.

 

Aldi

Aldi, a German-based supermarket chain, is set to close all of its U.S. locations by the end of 2023. The company has not been doing well financially in recent years, and it has been struggling to compete with other supermarkets. Aldi’s U.S. operations have been loss-making for the past two years, and the company has been seeking to sell its assets.

Aldi plans to close all of its stores by the end of next year and will focus on its operations in Europe and Australia. This news comes as a blow to Aldi employees and customers who have come to rely on the company for their groceries. The company’s departure from the U.S. market will leave a void that will be difficult to fill.

 

GameStop

GameStop, the video game and entertainment software retailer, is set to close 150 stores worldwide by the end of 2023. The company has been struggling in recent years, as digital downloads and streaming services have become more popular than physical copies of games. GameStop’s store closures will result in a loss of approximately 2,000 jobs.

The majority of the closures will be in the United States, although some stores in Europe and Australia will also be affected. These chain store closures are likely to have a ripple effect on the economy, as they will lead to job losses and reduced consumer spending.

 

Levi Strauss

Levi Strauss is an American clothing company known for its Levi’s brand denim jeans. The company announced in February 2021 that it would be closing all of its stores in the United States by the end of 2023. Levi Strauss has been struggling to keep up with the pace of online retailers such as Amazon and has been facing increasing competition from fast-fashion brands such as Zara and H&M. The company plans to focus on its online presence and international expansion in the future. This move is sure to have a significant impact on the retail landscape, as Levi Strauss is one of the most iconic American brands.

 

Bose

Bose, the popular audio equipment company, has announced that it will be closing all of its retail stores by the end of 2023. The company has been struggling in recent years, and this move is part of a wider effort to cut costs and focus on online sales.

Bose was founded in 1964 by Amar Bose, and it quickly gained a reputation for excellence in sound quality. In recent years, however, the company has faced stiff competition from cheaper alternatives, and its sales have declined accordingly. The decision to close all Bose stores is sure to be a controversial one, but it seems clear that the company is no longer able to compete in the brick-and-mortar retail market.

 

Burgerim

Burgerim, a international fast food chain, is planning to close 100 locations in the U.S. by 2023. The Burgerim locations set to be closed have not been announced yet, but the Burgerim franchise has released a statement saying that they “remain confident in [their] growth potential.” Burgerim was founded in Israel in 2008 and has since expanded to over 30 countries.

The Burgerim franchise offers customizable burgers and salads, as well as a wide selection of sides and desserts. Burgerim first came to the U.S. in 2016 and now has over 60 locations nationwide. While Burgerim is planning to close some locations, they are also looking to open new Burgerim restaurants in other parts of the country.

 

Goop Lab

It’s been a tough year for chain stores. With the pandemic causing consumers to change their shopping habits, many chains have been struggling to stay afloat. In fact, a recent report from Goop Lab found that over 8,600 chain store locations will be closing their doors in 2023.

So what does this all mean for the future of retail? While it’s impossible to say for sure, it’s clear that the landscape is changing. We may see more brands shifting to an online-only model or partnering with other companies to stay afloat. Whatever happens, it’s clear that the next few years will be fascinating to watch for anyone interested in retail trends.

 

L’Occitane

L’Occitane, a French cosmetics company, will be closing all of its North American stores by the end of 2023. The company has been struggling in recent years, and this move is part of a larger plan to cut costs and focus on international markets.

L’Occitane’s North American stores are located in the United States, Canada, and Mexico. The company also has stores in Europe, Asia, Africa, and South America. L’Occitane was founded in 1976 and is best known for its skincare products. The company’s products are made with natural ingredients and are sold in over 90 countries. L’Occitane has more than 2,000 stores worldwide.

 

Marks & Spencer

Marks & Spencer, one of the UK’s largest retailers, has announced that it will be closing 30 stores across the country by 2023. This move comes as part of the company’s ongoing efforts to streamline its operations and focus on its online sales. While Marks & Spencer is not the only retailer to have been affected by the pandemic, its decision to close high-street stores is a sign of the times.

With more and more consumers turning to online shopping, traditional brick-and-mortar retailers are facing an uphill battle. While Marks & Spencer’s move may be disappointing for some, it is likely that other chain stores will follow suit in the coming years.

 

Fossil

Fossil is a company that is known for manufacturing watches and other jewelry. The company has been in business for over 25 years and has over 300 stores worldwide. However, Fossil has announced that it will be closing all of its stores by the end of 2023.

The company cited declining sales and the challenges of operating brick-and-mortar stores as the main reasons for the decision. Fossil’s presence in malls and other retail locations will be greatly missed, but the company’s products will still be available online. For now, Fossil’s fans can enjoy the brand’s products while they last. But eventually, all good things must come to an end.

 

Alamo Drafthouse

Alamo Drafthouse is a dine-in movie theater chain that offers an extensive food and drink menu, reserved seating, and local craft beer selections. Alamo Drafthouse locations are typically found in urban areas. The chain has been hit hard by the pandemic, with most of its locations across the country remaining closed since March 2020.

The Alamo Drafthouse brand has been strong among movie lovers for its unique experience that can’t be found at traditional movie theaters. The pandemic has been a devastating blow to the business, but it appears that the chain is committed to weathering the storm and emerging on the other side.

 

Global Brands Group

Global Brands Group, the company that manages a number of high-profile fashion brands, has announced that it will be closing a number of its chain store locations in 2023. The move comes as the company looks to streamline its operations and focus on its more profitable ventures. It is expected that a significant number of jobs will be lost as a result of the closures.

Global Brands Group has said that it will be working to provide assistance to those affected by the closures, including helping employees find new jobs. However, with the retail industry already struggling due to the pandemic, it remains to be seen how many opportunities will be available for those who are displaced by the chain store closures.

 

Palmer House Hilton, Chicago

Palmer House Hilton, a chain store, will be closing locations in Chicago in 2023. The Palmer House Hilton is known for its luxury accommodations and world-class service. However, due to the COVID-19 pandemic, the Palmer House Hilton has been forced to close several of its locations.

In 2023, the Palmer House Hilton will be closing its location in Chicago. This is a loss for the Chicago community, as the Palmer House Hilton has been a beloved fixture in the city for many years. While it is sad to see the Palmer House Hilton go, we must remember that this is only temporary and that the Palmer House Hilton will eventually reopen its doors.

 

Paper Source

Paper Source, a national chain of paper stores, announced today that it would be closing all of its locations by the end of 2023. The company offers a variety of paper products, including cards, invitations, and stationery. Paper Source will be the latest casualty of the pandemic-induced retail apocalypse.

These closures come as consumers shift more of their spending online and as brick-and-mortar retailers struggle to compete with the convenience and lower prices of e-commerce giants like Amazon. Paper Source joins a long list of retailers that have been forced to close their doors in recent years. While the death of brick-and-mortar retail is sad news for many, it is inevitable in the current climate.

 

Goodwill

Goodwill is a chain of stores that sell donated items with the proceeds going to support those in need. However, Goodwill has announced that it will be closing all of its stores by 2023. The reasons for the closings are due to competition from other thrift stores and online retailers, as well as changes in consumer shopping habits.

Goodwill plans to redirect its resources towards its online presence and other programs that it offers, such as job training and placement services. While it is sad to see Goodwill go, the company plans to continue its mission of helping people in need in other ways.

 

Justice

Justice, a popular tween retailer, has announced that it will be closing all of its stores in the United States by the end of 2023. Justice currently operates over 800 stores in the U.S., and the decision to close them all will have a significant impact on mall owners and teenage shoppers alike. For mall owners, the closure of Justice stores will likely lead to lower foot traffic and revenue.

The closure of Justice stores will leave a void in the market that may be filled by other retailers, but it is unlikely that any retailer will be able to completely replicate Justice’s unique appeal. The closure of Justice stores is sure to have a ripple effect on the retail industry for years to come.

 

24 Hour Fitness

24 Hour Fitness is set to close more than 100 locations by the end of 2023. In a statement, the company said that it “has been impacted by the pandemic in a number of ways,” including a decline in memberships and an increase in operating costs. The chain has already closed several dozen locations since the start of the pandemic.

It is not clear how many employees will be affected by the latest round of closures. 24 Hour Fitness is just one of many retailers that have been forced to make difficult decisions in the face of the pandemic. The pandemic has also taken a toll on smaller businesses, many of which have been forced to close their doors for good.

 

Lane Bryant

Lane Bryant has been in business for over 100 years and is known for its plus-size clothing options. Lane Bryant will be closing 150 stores across the United States in 2023. The Lane Bryant chain has been struggling in recent years, with sales declining by 4% in 2020. Lane Bryant was particularly hard-hit by the COVID-19 pandemic, as many of its stores are located in malls which were closed for extended periods of time.

Lane Bryant store closings will begin in March 2023 and continue through the end of the year. Lane Bryant store employees will be given the opportunity to apply for open positions at other Ascena-owned brands.

 

Cricket Wireless

Cricket Wireless is one of the many chain stores that will be closing locations in 2023. Cricket Wireless is a subsidiary of AT&T and offers wireless service to consumers. Cricket Wireless has about 1,000 locations across the United States, most of which are inside AT&T retail stores.

Cricket Wireless has not said why they are closing locations, but it is speculated that it is due to AT&T’s acquisition of Cricket Wireless in 2013. AT&T has been slowly phasing out the Cricket Wireless brand since then, and it is likely that they will eventually discontinue the Cricket Wireless brand altogether.

 

Earth Fare

Earth Fare, a healthy food grocery store, announced in February 2020 that it would be closing all 50 of its locations across the United States. The company had been through several ownership changes over the years, and it struggled to compete with larger grocery chains. The pandemic was the final straw, and Earth Fare was forced to declare bankruptcy.

This is just one example of how the COVID-19 pandemic has impacted the retail industry. The pandemic has accelerated a trend that was already underway, as more and more people shop online instead of in brick-and-mortar stores. It remains to be seen how many of these stores will be able to reopen once the pandemic is over.

 

Loft

Loft was a popular chain store known for its trendy and affordable women’s clothing. The company announced that the decision to close all of its stores was due to the current state of the retail industry. Loft is not the only retailer that is facing challenges. Many other retailers have also been forced to close their doors in recent years.

The retail industry has been hit hard by the pandemic, with many consumers opting to shop online instead of in-store. This shift has been especially apparent in the fashion industry, where sales have declined significantly. Loft’s decision to close all of its stores is a reflection of the current state of the retail industry.

 

L’Occitane

L’Occitane will be closing down 110 stores worldwide by the end of 2023. The closings are a result of the pandemic, which has forced the chain to reevaluate its business model. L’Occitane is not the only store that has been affected by the pandemic; many other retailers have had to close their doors for good.

The pandemic has also accelerated the trend of online shopping, which has further hurt brick-and-mortar stores. L’Occitane’s store closings are a sign of the times, and it is likely that other stores will follow suit in the coming years.

 

Microsoft

Microsoft has been hit hard by the COVID-19 pandemic and has been forced to make some difficult decisions. Microsoft will close down all physical Microsoft Store locations worldwide by the end of June, Microsoft announced on Tuesday. Microsoft said the company will take a $450 million charge as a result of the decision.

Microsoft CEO Satya Nadella said in a statement that Microsoft will now focus on its digital store and building “experiences at retail partner locations.” Microsoft says it will provide more details on its plans for its physical stores in the coming weeks. The COVID-19 pandemic has also forced many consumers to shop online instead of in physical stores, which has put additional pressure on brick-and-mortar retailers.

 

Muji

Muji, the Japanese retailer known for its simple and stylish designs, announced that it will be closing all of its stores in the United States by the end of 2023. Muji opened its first US store in New York City in 2006 and now has 11 locations across the country. Muji attributed the decision to “fur-ther review[ing] its global operations” in light of the COVID-19 pandemic.

The pandemic has accelerated a shift that was already underway, with more and more consumers shopping online instead of in brick-and-mortar stores. It remains to be seen what Muji’s departure from the US market will mean for the future of retail.

 

Rent The Runway

Rent The Runway, the popular clothing rental service, announced today that it will be closing all of its brick-and-mortar locations by the end of 2023. The move comes as the company looks to focus on its online and mobile operations. “This was a difficult decision, but we believe it is the right one for our business”.

Rent The Runway has locations in New York, Chicago, San Francisco, and Los Angeles. The company will be offering employees affected by the closures severance packages and outplacement services. Customers can continue to rent clothing through the Rent The Runway website and app.

 

Kay Jewelers

Kay Jewelers is one of the many chain stores that have been forced to close locations due to the COVID-19 pandemic. The company announced in February 2021 that it would be closing 100 Kay Jewelers and Jared The Galleria Of Jewelry stores by the end of 2023. This is in addition to the 150 Kay Jewelers locations that were already scheduled to close.

Kay Jewelers is not the only chain store that has been impacted by the pandemic. While the COVID-19 pandemic has had a devastating impact on the retail industry, it has also created opportunities for smaller, independent businesses to thrive.

 

Compass Airlines

Compass Airlines has announced that it will close its locations in Dallas, Houston, and Los Angeles by the end of 2023. The move comes as Compass plans to focus its operations in the Northeast and Midwest. Compass currently operates a total of seven stores in those three cities, but the company says that the closures will not have a significant impact on its overall business.

Compass plans to move its Dallas and Houston operations to its new location in Fort Worth, which is set to open later this year. The Los Angeles store will be closed outright. Compass says that it will provide assistance to affected employees, including help with finding new jobs.

 

Stobart Air

Stobart Air, an Irish regional airline, has announced that it will close a number of its stores in 2023. The airline has not yet specified which stores will be closing, but stated that the decision was made due to “the challenging operating environment.” Stobart Air has been struggling in recent years, and this is just the latest in a series of setbacks.

In 2018, the airline lost its contract with Flybe, and earlier this year it was forced to cancel flights due to bad weather. It is unclear how many jobs will be lost as a result of the store closures, but it is likely that Stobart Air will continue to struggle in the coming years.

 

Kroger

Kroger, the largest grocery chain in the United States, has announced that it will be closing down 27 stores across 17 states by the end of 2023. The closures come as a result of Kroger’s efforts to streamline its operations and focus on its most profitable locations.

The company has also been hit hard by the pandemic, as consumers have shifted to online shopping and delivery. Kroger’s closure of 27 stores is a sign that the company is still struggling to adjust to the new reality of retail. As more consumers move away from traditional retail, it is likely that we will see more chain stores closing their doors in the years to come.

 

California Pizza Kitchen

California Pizza Kitchen is one of the latest chain restaurants to announce closures in the wake of the COVID-19 pandemic. The company plans to shutter 20 locations across the country by 2023, with California being the hardest hit state. This is a significant change for California Pizza Kitchen, which only had four closures in 2019.

The company has not yet announced which specific locations will be closing, but it is clear that the pandemic has taken a toll on the restaurant industry as a whole. While it is uncertain what the future holds for these restaurants, it is clear that the pandemic has changed the landscape of the industry forever.

 

Sur La Table

Sur La Table, a kitchenware chain store, is closing all of its locations in 2023. Sur La Table has been in business for over 50 years and has over 100 locations across the United States. The company has been facing financial difficulties in recent years, and this is the reason for the closures.

The closures of these stores will result in the loss of thousands of jobs. Sur La Table’s decision to close all of its locations is a sign of the times. With more and more people shopping online, brick-and-mortar stores are struggling to keep up. It’s possible that Sur La Table’s decision will inspire other stores to close their doors as well.

 

Mango Airlines

Mango Airlines is one of the largest chain store locations in the United States. However, due to the COVID-19 pandemic, Mango Airlines has announced that it will be closing all of its stores by 2023. This is a significant loss for the company, as Mango Airlines was one of the few chain store locations that was still doing well despite the pandemic.

Mango Airlines had been able to stay afloat due to its online presence and its loyalty program. However, with the closure of its physical locations, Mango Airlines will no longer be able to compete with other online retailers. Mango Airlines has stated that it plans to reopen its stores once the pandemic is over. Until then, customers can still shop online at MangoAirlines.com.

 

Ruby Tuesday

Ruby Tuesday is an American chain restaurant that was founded in 1972. The company has announced that it will be closing 15 of its locations in 2023. This decision comes as Ruby Tuesday tries to streamline its operations and focus on its more profitable locations.

While the exact locations of the closures have not yet been announced, it is likely that some Ruby Tuesday restaurants in small towns or rural areas will be among those shutting down. This news may come as a blow to local communities, but Ruby Tuesday hopes that by consolidating its operations, it will be able to provide a better overall experience for its customers.

 

Applebee’s

Applebee’s will be closing 150 locations in 2023. The closures are part of a plan to “improve operations and boost profitability.” Applebee’s is not the only chain restaurant that is struggling. In 2019, Applebee’s sales declined by 3 percent. This was after a decline of 2 percent in 2018.

The reason for the decline is simple: people are cooking more at home. According to the NPD Group, spending on restaurants declined by 3 percent in 2018 while spending on groceries increased by 4 percent. This trend is likely to continue as people become more health-conscious and cook more meals at home.

 

Steak N Shake

Steak N Shake has announced that it will be closing locations across the country in 2023. The company has not yet released a list of specific stores that will be closing, but it is estimated that Steak N Shake will be shutting down around 30% of its current locations.

The decision to close stores comes as Steak N Shake struggles to compete with newer, more innovative restaurant chains. In addition, the COVID-19 pandemic has had a significant impact on the company’s sales, as dine-in service has been greatly reduced. For Steak N Shake fans, the next year may be their last chance to enjoy a Steakburger and milkshake at their favorite restaurant.

 

SEE Eyewear

SEE Eyewear is one of the many chain stores that have announced they will be closing locations in 2023. SEE has over 100 stores across the United States, but they will be closing 30% of those locations. This is due to the pandemic as well as the rise of online shopping.

The year 2019 was SEE’s best year yet, but 2020 took a toll on the company. The pandemic forced them to close their doors for a few months and when they reopened, customers were slow to return. SEE’s CEO is hoping that by 2023, the pandemic will be over and people will start shopping in stores again. If not, SEE may have to close even more locations.

 

Club Monaco

Club Monaco, a high-end retailer owned by Ralph Lauren, will close all locations in the United States by early 2023. The company announced the decision on Tuesday, saying that the move was part of a larger effort to focus on its international growth.

Club Monaco first opened in Toronto in 1985 and expanded to the United States in 1998. The company has since expanded to more than 20 countries. Club Monaco’s decision to close all of its North American stores comes as chain retailers have been struggling due to the pandemic. Club Monaco joins a growing list of retailers that have been forced to downsize in recent years.

 

Piggly Wiggly

Piggly Wiggly, one of the nation’s largest grocery chains, has announced that it will be closing several of its stores in 2023. The exact number of store closures has not yet been determined, but Piggly Wiggly has confirmed that all of its locations in the following states will be affected: Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.

This news comes as a surprise to many Piggly Wiggly shoppers. Piggly Wiggly has said that the decision to close these stores was “difficult but necessary,” and that it is hopeful that its remaining locations will be able to continue serving shoppers in the years to come.

 

Long John Silver’s

Long John Silver’s, the popular seafood restaurant chain, announced today that it will be closing 100 locations across the United States by the end of 2023. The closures come as Long John Silver’s struggles to keep up with changing tastes and competition from other seafood chains.

Long John Silver’s has been in business for over 50 years and currently has 1,200 locations nationwide. The company plans to focus its efforts on its remaining restaurants and on expanding its international presence. Long John Silver’s fans can still enjoy their favorite seafood dishes at the chain’s remaining locations.

 

Boston Market

Boston Market plans to close 45 locations across the U.S. by early 2023 as part of a strategic restructuring plan, the company said Monday. The move will include the closure of 37 full-service restaurant locations and the conversion of eight others into fast-casual counter service restaurants, the company said.

The chain has been working to revamp its image and menu in recent years as it faces increased competition from fast-casual rivals such as Panera Bread and Chick-fil-A. The closings come as restaurant chains have been struggling during the coronavirus pandemic. Many chains have temporarily closed locations, furloughed workers or both amid declining sales.

 

Brio Italian Mediterranean

Brio Italian Mediterranean filed for bankruptcy in 2020 and will be closing all of its locations by the end of 2023. Brio was known for its upscale Italian dining experience, with fresh pasta and seafood dishes. The chain had over 40 locations across the United States, including in major cities like New York City, Los Angeles, and Chicago.

Brio was unable to compete with other Italian restaurants that offered more casual dining experiences at a lower price point. The pandemic also played a role in Brio’s demise, as the closure of indoor dining rooms made it difficult for the company to continue operating. Brio’s departure from the restaurant landscape will be a loss for fans of upscale Italian dining.

 

Save A Lot

Save A Lot, the discount grocery store chain, is set to close 150 locations by the end of 2023. Save A Lot has been struggling in recent years, as competition from larger grocery chains has increased.

The company has also been hit hard by the pandemic, as many customers have switched to online grocery shopping. Save A Lot’s closure plan is part of a larger effort to cut costs and improve profitability. While the company has not yet released a list of which stores will be closing, they have stated that the closures will be spread across the country.

 

Friendly’s

Friendly’s, the ice cream and family dining chain, will close three locations in 2023. The locations have not yet been announced, but they will be in the Northeast. Friendly’s has been struggling in recent years, and this is just the latest in a series of closings.

In 2019, Friendly’s closed 16 locations, including 14 Friendly’s restaurants and two Friendly’s Ice Cream Shops. The company has not said how many jobs will be affected by the latest round of closings. Friendly’s was founded in 1935 and is headquartered in Massachusetts. It has more than 500 locations across the United States.

 

Fuddruckers

Fuddruckers, a popular chain restaurant known for its hamburgers and fries, will be closing all of its locations in 2023. The company has been struggling in recent years, and this decision was made in order to try to cut losses. Fuddruckers has been a staple of the American dining scene for decades, and its departure will be felt by many.

While the company’s exact plans for 2023 are not yet known, it is likely that all Fuddruckers locations will be closed by the end of the year. Fuddruckers has been a part of the American landscape for so long that its closure will no doubt leave a void in the hearts of many.

 

Le Pain Quotidien

Le Pain Quotidien, a chain of Belgian-style cafes, is the latest victim of the pandemic. The company announced that it will be closing 20 locations in the U.S. and Canada in 2023. The closures are a result of the decline in foot traffic and sales at Le Pain Quotidien locations since the start of the pandemic.

The pandemic has also resulted in the bankruptcy of several major retailers, including JCPenney, Macy’s, and Lord & Taylor. It is unclear how many more stores will be forced to close in the coming years as a result of the pandemic.

 

Stop & Shop

Stop & Shop is one of the largest grocery chains in the United States, with more than 400 locations across the Northeast. But after nearly 100 years in business, the company has announced that it will be closing all of its stores by 2023. The move comes as Stop & Shop struggles to compete with larger rivals like Walmart and Amazon.

Stop & Shop has been struggling to keep up with changing consumer habits, and its sales have been declining for years. Stop & Shop’s closure will also have a major impact on its employees, who will be losing their jobs. The company has said that it will help workers find new jobs, but many are still uncertain about their future.

 

Perkins

In July 2020, Perkins filed for Chapter 11 bankruptcy protection, and it was subsequently acquired by Blue Wolf Capital Partners. Since then, Perkins has been systematically closing locations across the country. And according to a recent report, the process is expected to continue into 2023.

Perkins currently operates more than 300 restaurants, down from a peak of over 500 locations just a few years ago. And while the company has not yet released a full list of closures, it is clear that Perkins is in the midst of a major downsizing effort. It remains to be seen whether the chain can survive in its current form or if it will fade into the background like so many other once-popular brands.

 

P.F. Chang’s

P.F. Chang’s, a popular chain restaurant known for its Chinese-American cuisine, announced that it will be closing 15 of its locations in the U.S. in 2023. P.F. Chang’s has been struggling in recent years, as competition from other restaurants and delivery services has increased. The company has also been burdened by debt and has struggled to turn a profit.

The challenges faced by these restaurants are indicative of the broader challenges faced by the retail industry, as consumers increasingly shop online instead of in physical stores. P.F. Chang’s plans to focus on its remaining locations in the U.S. and China, where it expects to continue to be profitable.

 

Red Robin

Red Robin is one of many chain restaurants that have been forced to close locations in the face of the pandemic. The company announced in early 2021 that it would be closing 24 Red Robin and Red Robin Gourmet Burgers and Brews locations across the country. While this is a small fraction of the company’s total locations, it still represents a significant loss.

The closures will take place in the following states: Arizona, California, Colorado, Florida, Illinois, Indiana, Michigan, Nevada, Ohio, Oregon, Pennsylvania, Texas, Virginia, and Washington. Some affected locations are stand-alone restaurants while others are located inside malls or shopping centers. Red Robin has not yet announced whether or when these locations will be reopened.

 

Subway

Subway is one of the most popular fast food chains in the world, with locations in over 100 countries. However, the company has struggled in recent years, and it was announced in January that Subway would be closing 500 locations worldwide by the end of 2023. This is a significant number of closures, but it represents less than 1% of Subway’s total number of locations.

Subway has not yet said which specific locations will be closing, but it is likely that many franchisees will be forced to shut down their businesses. This is a difficult time for the company, but Subway remains committed to providing its customers with fresh, delicious sandwiches.

 

Giant Eagle

Giant Eagle, one of the nation’s largest grocery chains, announced today that it will be closing 150 stores across the country over the next year. The move is part of a larger effort to cut costs and focus on Giant Eagle’s core markets. Giant Eagle has been struggling in recent years, as competition from Walmart and Amazon has intensified.

The pandemic has also taken a toll on Giant Eagle’s business, as customers have shifted to online shopping or patronized smaller grocery stores. The closures are expected to result in annual savings of approximately $30 million. Giant Eagle employs approximately 37,000 people, and it is unclear how many of those jobs will be impacted by the store closures.

 

Sweet Tomatoes

Sweet Tomatoes, a chain of all-you-can-eat buffet-style restaurants, is the latest victim of the COVID-19 pandemic. The company announced that it will close all of its locations in early 2023. Sweet Tomatoes was founded in 1978 and at its peak operated over 100 stores across the United States.

However, the company has been struggling in recent years, and the pandemic proved to be the final straw. Sweet Tomatoes is not the only chain restaurant to be hit hard by the pandemic. The restaurant industry has been one of the hardest hit by the pandemic, and it is uncertain when or if it will recover.

 

Taco Bell

Taco Bell announced that it will be closing 500 locations across the United States by the end of 2023. Taco Bell has been struggling since the pandemic began, with sales dropping by double digits in 2020. The company has also been forced to temporarily close several hundred locations due to Covid-19 restrictions.

However, Taco Bell is the first major chain to announce widespread closures as a result of the pandemic. The closures will come as a blow to many communities, as Taco Bell is often one of the few places to eat late at night. However, it is hoped that other businesses will step up to fill the void left by Taco Bell.

 

TGI Fridays

TGI Fridays, which has been in business for over 50 years, is facing mounting financial challenges. In the last year alone, TGI Fridays has closed 30 locations across the United States. The company has also been forced to sell its assets, including its trademarks and recipes. While TGI Fridays has not yet announced how many locations will be closing, it is clear that the company is struggling to stay afloat.

These closures come as no surprise as all three retailers have been struggling financially for several years. As a result of these closings, hundreds of malls and shopping center tenants will be forced to find new homes. With so many businesses shutting their doors, the future of retail is uncertain.

 

Cosi

Cosi, a popular chain restaurant known for its salads, soups, and flat breads, will be closing select locations in 2023. The company has not yet announced which specific stores will be impacted, but it is expected that the closures will result in significant job losses. Cosi has been struggling to compete in the current market, and the COVID-19 pandemic has only exacerbated the situation.

The company’s current situation underscores the importance of supporting local businesses. When chain stores close, it can have a devastating impact on both employees and the local economy. By patronizing local businesses, you can help to ensure that your community thrives.

 

Chuck E. Cheese

Chuck E. Cheese, which is known for its arcade games and pizza, has been struggling in recent years as consumer tastes have shifted. Chuck E. Cheese has already closed several locations in 2020, and the company has said that it will continue to evaluate its real estate portfolio in the coming year.

As consumers increasingly turn to online shopping, brick-and-mortar retailers are struggling to stay afloat. While some stores are able to adapt by investing in e-commerce or shifting their focus to experiential retail, others are being forced to shutter their doors for good. Chuck E. Cheese’s decision to close locations is a reminder of the challenges that businesses face as the retail landscape continues to evolve.

 

Maison Kayser

Maison Kayser, a popular French chain bakery, is set to close all of its U.S. locations by 2023. The company has been struggling in recent years, and the pandemic has only made matters worse. Maison Kayser was founded in 1996 and currently has over 100 locations worldwide.

In the United States, there are currently 16 Maison Kayser locations, all of which will be closing within the next two years. The company plans to focus its efforts on its international locations, where it sees more potential for growth. While the news of Maison Kayser’s impending closure is undoubtedly disappointing for fans of the bakery, it’s important to remember that there are still many other great bakeries out there to enjoy.

 

Shoprite

Shoprite has announced that it will be closing 100 Shoprite and Checkers stores across South Africa over the next two years. This is due to the difficult economic climate, as well as the impact of the COVID-19 pandemic. The affected stores will be located in all nine provinces, with the majority in Gauteng and the Western Cape.

Shoprite says that it will provide support to affected employees, including retraining and redeployment opportunities. This is a difficult time for many people, but Shoprite remains committed to providing affordable groceries to all South Africans.

 

Sizzler

Sizzler, the popular chain steakhouse, announced that it will be closing 20 of its locations in 2023. The company did not give a specific reason for the closures, but it is clear that the pandemic has had a significant impact on Sizzler’s business. In recent years, Sizzler has been struggling to compete with newer, more modern restaurants.

Sizzler’s CEO said that the company is working on a new strategic plan that will focus on “delivering value to our guests in a way that is relevant and resonates in today’s climate.” It remains to be seen whether this plan will be successful, but Sizzler’s future looks increasingly uncertain.

 

Dave & Buster’s

Dave & Buster’s, the national restaurant and arcade chain, is closing locations across the country. According to a press release, the company plans to shutter “a number of stores” in early 2023. Dave & Buster’s has not yet announced which locations will be closing. The press release cites “the challenging environment for retail” as the reason for the closures.

Dave & Buster’s has been struggling financially in recent years. In 2019, the company filed for bankruptcy protection. Dave & Buster’s plans to use the closure of underperforming stores to focus on its “core strengths.” The company says it will continue to invest in its “digital capabilities” and “innovative gameplay offerings.” Dave & Buster’s plans to reopen some of its closed locations as “e-Sports venues.”

 

Barnes & Noble

While the company did not release an exact list of stores that will be closing, it is estimated that around 10% of Barnes & Nobles’ 627 locations will be affected. The closures come as a result of Barnes & Noble’s ongoing financial struggles, which have been exacerbated by the COVID-19 pandemic.

In recent years, Barnes & Noble has been struggling to compete with online booksellers such as Amazon, and the pandemic has only accelerated this trend. While the closures are certainly a blow to the bookstore industry, they are not entirely unexpected. Barnes & Noble has been slowly closing stores for years, and the COVID-19 pandemic has simply hastened the process.

 

Family Dollar

Family Dollar plans to close 390 stores in 2023. The company says the move will help it focus on its best-performing locations and improve the overall shopping experience. Family Dollar has more than 8,000 stores nationwide, so the closings represent less than 5% of its total store base. Family Dollar is just the latest retailer to announce store closings amid the pandemic.

The pandemic has accelerated the shift to online shopping, and many brick-and-mortar retailers are struggling to keep up. Family Dollar says it will use the savings from the store closings to invest in its online business and in other areas that will improve the customer experience.

 

New York & Company

New York & Company is one of the leading apparel retailers in the United States. The company has over 500 stores across the country, employing thousands of people. However, New York & Company has announced that it will be closing all of its stores by 2023. The decision to close the stores is due to the COVID-19 pandemic, which has caused a significant decline in sales.

New York & Company is not the only retailer that has been affected by the pandemic. The COVID-19 pandemic has had a devastating impact on the retail industry, and it is unclear how many more stores will be forced to close in the coming years.

 

Olympia Sports

Olympia Sports has been facing declining sales and profit margins for several years. The pandemic has forced many people to stay home, resulting in a sharp decline in customer traffic for Olympia Sports. This, combined with the company’s already weak financial position, has forced Olympia Sports to make the difficult decision to close all of its stores.

Many people who rely on Olympia Sports for their sporting goods needs will now have to find another source for these products. Olympia Sports’ store closings will also result in a loss of revenue for local governments, as Olympia Sports was one of the largest taxpayers in many of these communities. Olympia Sports’ decision to close all of its stores is a sign of the times.

 

Destination Maternity

Destination Maternity, the world’s leading maternity apparel retailer, announced today that it will be closing all stores in the United States and Canada by the end of 2023. This move comes as the company looks to focus on its online presence and better compete in the ever-changing retail landscape. Destination Maternity has been struggling in recent years, and this move is likely to save the company millions of dollars.

While it is always sad to see a business close its doors, this move makes sense for Destination Maternity. By closing its brick-and-mortar stores, Destination Maternity can focus on its website and better compete with other online retailers.

 

Lord & Taylor

The closure of Lord & Taylor will mark the end of an era for the company, which was founded in 1826 and has been a staple of the American retail landscape for nearly two centuries. In recent years, however, Lord & Taylor has struggled to keep up with changing consumer habits and the rise of online shopping.

In an increasingly digital world, it is becoming increasingly difficult for these companies to compete with online giants like Amazon. As a result, we are likely to see more chain stores closing their doors in the coming years. Lord & Taylor will be missed by many, but its closure is symbolic of the changing retail landscape.

 

Costco

Costco is a chain store that is known for its variety and low prices. In recent years, Costco has been closing locations in the United States. In 2023, Costco plans to close 24 locations across the country. Costco has not yet released a list of which stores will be closing, but it is expected that the majority of the closures will be in California.

Costco has been struggling to compete with online retailers such as Amazon, and the closures are likely a result of this competition. Costco plans to invest more heavily in its online presence in order to compete with these retailers. Despite the closures, Costco still plans to open new stores in other parts of the country.

 

Air Namibia

Air Namibia has not been able to make a profit from these stores and has decided to focus on other areas of their business. Air Namibia currently has three chain store locations, two in Windhoek and one in Swakopmund. These stores sell a variety of products, including clothes, electronics, and souvenirs.

Air Namibia plans to continue to sell these products online and at their airport locations. This decision will not impact Air Namibia’s flight operations or their staff levels. Air Namibia is confident that this decision will help them to focus on their core business and become more profitable in the future.

 

Peloton

According to their CEO, John Foley, Peloton decided to close their stores in order to focus on their online and app-based business model. Over the past few years, their online sales have grown significantly, while their in-store sales have remained relatively flat. In addition, Peloton’s digital platform offers a much wider range of content than their physical locations.

As a result, Peloton is likely to see an increase in customers and revenue by closing their chain stores. While this may be good news for Peloton, it’s bad news for the employees who will be losing their jobs. However, given the company’s current financial situation, it is likely that many store closures and layoffs will occur in 2023.

 

Rite Aid

Rite Aid has announced that it will be closing locations across the country in 2023. Rite Aid has not yet released a list of specific stores that will be closing, but it is estimated that approximately 100 stores will be affected. This is a significant reduction from the nearly 4,000 Rite Aid locations that were operating in 2018.

The company has attributed the closure of these stores to “changing consumer behavior” and the challenges posed by the COVID-19 pandemic. Rite Aid plans to focus its efforts on its remaining locations, which will continue to operate under the Rite Aid banner.

 

Chick-Fil-A

Chick-Fil-A is one of the most popular fast food restaurants in the United States, known for its delicious chicken sandwiches and friendly service. However, the chain has announced that it will be closing several locations in 2023. The restaurant cited Chick-Fil-A’s “rapid expansion” as the reason for the closures, saying that it wants to focus on quality over quantity.

Chick-Fil-A also plans to shift its focus to drive-thru and delivery options in order to better serve its customers. While this news may be disappointing to some Chick-Fil-A fans, the restaurant assured customers that it will continue to provide the same high level of service at its remaining locations.

 

Yankee Candle

Yankee Candle announced today that it will be closing 150 stores worldwide in the next year. The closures are part of Yankee Candle’s ongoing efforts to streamline its operations and focus on its core strengths. Yankee Candle has been hit hard by the pandemic, with sales falling by double digits in 2020.

Despite these challenges, Yankee Candle remains committed to providing its customers with high-quality products and exceptional service. Yankee Candle President and CEO John Harney said in a statement, “We are proud of our heritage as America’s original candle company, and we remain committed to our customers and employees.”

 

Kum & Go

Kum & Go, a chain of convenience stores, will be closing several locations in 2023. The company has not released a list of the specific stores that will be closing, but they have said that the closings will be scattered across the country. Kum & Go plans to focus on its remaining stores and invest in improving the customer experience at those locations.

This move comes as Kum & Go faces increased competition from other convenience store chains. It is unclear how many jobs will be lost as a result of the latest round of closings. Kum & Go says it will provide severance packages and job placement assistance to affected employees.

 

Hallmark

Founded in 1910, the company has a long history of providing cards for every occasion. However, in recent years, Hallmark has been facing increasing competition from online retailers. As a result, the company has announced that it will be closing more than 20% of its stores in the next year.

Less brick-and-mortar stores means less energy consumption and fewer resources used. In addition, Hallmark has stated that it will be investing more in digital offerings, which could lead to even more eco-friendly greetings in the future. So while Hallmark may be saying goodbye to some of its physical locations, it could be doing so in a way that benefits the planet.

 

Sears

Sears, the venerable department store chain, announced in early January that it would be closing 19 Sears and 45 Kmart locations across the country. This round of closings is just the latest in a long string of Sears closures that began in 2017. Sears has been struggling for years, and its future has been in doubt for many shoppers.

The company has been unable to keep up with changing consumer tastes and has been surpassed by newer, nimbler retailers. It remains to be seen whether Sears will be able to survive this latest round of closures, but it seems increasingly likely that the once-mighty retailer will soon be consigned to history.

 

Whole Foods

While Whole Foods has been expanding its physical locations in recent years, it has also been experimenting with new store formats, such as smaller-format grocery stores and Whole Foods 365stores. In 2019, Whole Foods announced that it would be closing nine Whole Foods stores across the United States.

The closures are part of a larger effort by Whole Foods to focus on its most profitable stores and invest in new store formats that are more appealing to shoppers. While the closures of these 25 stores represent a small fraction of Whole Foods’ overall store base, they highlight the challenges that the company is facing as it seeks to compete in a highly competitive grocery market.

 

Jet Blue

Jet Blue is closing 150 locations by the end of 2023. The airline plans to focus on its most profitable routes and airports. Jet Blue has not yet announced which specific locations will be closing. The move is part of Jet Blue’s effort to become more financially sustainable.

Jet Blue has been struggling since the pandemic began, and the closures are intended to help the company save money. As the pandemic continues to impact the travel industry, it is likely that more airlines will be forced to make similar cuts.

 

Carrabba’s Italian Grill

Carrabba’s Italian Grill is one of the many chain restaurants that will be closing locations in 2023. While the exact number of closures has not yet been announced, it is clear that Carrabba’s will be affected by the trend of diminishing mall traffic. In recent years, Carrabba’s has struggled to keep up with changing consumer tastes, and the pandemic has only accelerated this trend.

As a result, Carrabba’s will be forced to shutter a number of its locations in the coming year. Carrabba’s may not be the only casualty of this trend, but it is a reminder that even established businesses must be willing to change in order to survive.

 

American Eagle Outfitters

American Eagle Outfitters is the latest retailer to announce plans to close a significant number of stores. The company plans to close 150 stores by 2023, which is almost 20% of its current store portfolio. The closings come as retailers continue to face challenges from online competitors such as Amazon and others.

While some retailers are thriving in the current environment, others are struggling to keep up with the changing landscape. American Eagle’s closings are a sign that even well-established retailers are not immune to the challenges of the current retail environment.

 

Godiva Chocolatier

In 2023, Godiva Chocolatier will be closing all of its chain store locations in the United States. Godiva was founded in Belgium in 1926 and is known for its premium chocolates. The company opened its first U.S. store in New York City in 1966. In recent years, Godiva has been struggling to compete with other premium chocolate brands such as Lindt and Ghirardelli.

Godiva CEO Pierre Fitzgibbon said that the company’s U.S. stores have been losing money for several years. Godiva plans to focus on its online and wholesale businesses in the United States. Godiva’s chocolates will still be available at retailers such as Walmart, Target, and Amazon.

 

Five Guys

Five Guys, a chain of fast-casual restaurants, will be closing 152 locations worldwide in 2023. The chain, which was founded in 1986, has been struggling in recent years, with same-store sales declining for three consecutive years. Five Guys has been slow to adapt to changing consumer tastes, and has been slow to add healthier options to its menu.

Furthermore, the company has been saddled with high levels of debt, and has been unable to generate enough cash flow to cover its interest payments. Five Guys’ decision to close 152 locations represents a significant downsizing of its operations. However, the company plans to continue operating its remaining locations, and is hopeful that it can turn things around in the future.

 

Nordstrom

Nordstrom stores closing are a result of the ongoing pandemic and its effect on the retail industry. Nordstrom has been hit particularly hard, with sales declining by 25% in 2020. The company has already closed 11 stores since March 2020, and this latest round of closings will bring the total to 27.

Nordstrom is not the only retailer to have been affected by the pandemic; many chain stores have had to close locations or go out of business entirely. It is unclear how many more stores will have to close in the coming years, but it is clear that the pandemic has had a major impact on the retail industry.

 

Stock+Field

Stock+Field announced today that it will be closing all of its stores by the end of 2023. The decision comes as the chain has been struggling to compete with online retailers. In recent years, the company has expanded its product offerings to include a wide range of general merchandise. Stock+Field currently operates more than 500 stores in 36 states.

Stock+Field’s CEO said in a statement that the company is “thankful for the loyal support of our customers over the years” and that it “remains committed to providing them with the same great service and selection.” He also said that Stock+Field’s employees “will be provided with notice and assistance during this transition.”

 

Stage Stores

Stage Stores is one of the largest department stores in America, and operates famous brands including Peebles, Goody’s and Bealls. The company began accelerating in the early 1990s, expanding to nearly 800 store locations within the next several decades.

The company has announced that it plans to close anywhere from 40 to 60 of its stores prior to 2020. This is likely an effort to consolidate and refocus its expansive E-Commerce platform.

 

Bloomingdale’s

Bloomingdale’s, one of the most iconic chain stores in America, is slated to close a number of locations in 2023. Though the exact number of closings has not yet been announced, it is clear that the pandemic has taken a toll on the company.

Known for its luxurious merchandise and high-end customer service, Bloomingdale’s has long been a destination for shoppers looking for designer brands.

However, in recent years the company has struggled to keep up with online retailers like Amazon. The pandemic has only exacerbated these challenges, as shoppers have shifted to buying more items online. While Bloomingdale’s plans to close some of its stores, it remains hopeful that the company can rebound in the coming years.

 

Sbarro

Sbarro, the pizza chain store, is one of the many stores that will be closing its doors in 2023. The company has been struggling for years and filed for bankruptcy in 2018. This isn’t the first time Sbarro has gone through tough times – the company faced financial difficulties during the Great Recession and was forced to close hundreds of locations.

Sbarro plans to focus on its international operations and will be closing all of its stores in the United States. This means that if you’re looking for a quick slice of pizza, you’ll have to find another spot.

 

Century 21

Century 21, the iconic New York City-based department store, will be closing all of its locations in early 2023 Century 21’s parent company filed for bankruptcy in September 2020, and despite efforts to find a buyer, Century 21 was ultimately unsuccessful. The chain has been struggling for years, as competition from online retailers has intensified and mall traffic has declined.

Century 21’s closure will be a significant loss for the retail industry, as the chain was known for its low prices and wide selection of designer brands. Century 21’s employees will now have to find new jobs, and the company’s demise is a reminder of the challenges that traditional retailers are facing in the digital age.

 

Abercrombie & Fitch

Abercrombie & Fitch plans to close 30 Abercrombie & Fitch and Abercrombie Kids stores in the U.S. in 2023. The company has not yet released a list of the specific stores that will be closing. Abercrombie & Fitch has been struggling in recent years, as more shoppers move away from traditional mall-based retailers.

The company has already closed several hundred stores over the past few years, and it doesn’t seem like the trend is going to reverse anytime soon. The pressure from online retailers is only getting stronger, and it’s likely that we’ll see even more store closings in the coming years.

 

Chipotle

Chipotle is one of the many chain stores that will be closing locations in 2023. While the exact number of Chipotle stores that will be closing has not yet been released, it is believed that the company will be shutting down a significant number of its locations.

This is due to a variety of factors, including the increasing popularity of delivery and takeout options, as well as the ongoing pandemic. While Chipotle’s exact plans for 2023 have not yet been announced, it is clear that the company is facing some challenges. As a result, Chipotle fans may want to enjoy their favorite burritos while they still can.

 

Amazon

Amazon has been on a roll recently. They’ve been opening up new facilities left and right, and their total number of employees has been steadily increasing. But it looks like they’re about to take a big hit: in 2023, Amazon is closing all of their chain stores. That’s right, Amazon is pulling the plug on their brick-and-mortar locations.

While this may seem like bad news for the company, it’s actually part of a larger trend. More and more people are shopping online, and Amazon is simply responding to this shift in consumer behavior. So even though Amazon chain stores may be closing their doors, the company is far from going out of business.

 

Signet

Signet, the world’s largest retailer of diamond jewelry, plans to close 150 stores by the end of 2023. The move is part of a larger plan to reduce Signet’s overall debt and improve its financial stability. Signet has been struggling in recent years, as customers have increasingly turned to online retailers for their jewelry needs.

Signet’s decision to close stores is likely to have a significant impact on the retail industry, as it will likely lead to job losses and a reduction in customer traffic at malls and shopping centers. However, Signet remains committed to providing its customers with the best possible shopping experience, and it is hopeful that its new strategy will help to turn its business around.

 

Tuesday Morning

Tuesday Morning, a retailer specializing in home decor, announced Tuesday it will close 185 stores by the end of 2023.  In a press release, the company said the decision was made “in light of the challenges posed by the COVID-19 pandemic.” Tuesday Morning joins several other retailers who have recently announced store closings.

Tuesday Morning’s store closings are part of a larger trend of struggling retailers shutting down locations. The company plans to focus on its remaining stores and its e-commerce business going forward. Tuesday Morning is just one of many retail chains that will be closing stores in the coming months and years.

 

Hooters

Hooters has been struggling in recent years, and it was recently announced that a number of Hooters locations will be closing their doors in 2023. While the exact number of closures has not yet been announced, it is clear that Hooters is no longer the powerful force that it once was.

The store closure is likely due to a combination of factors, including changing attitudes towards gender equality and the rise of more casual dining options. Whatever the reason, it looks like Hooters is on its way out. And while some people may mourn the loss of this American institution, others will be glad to see it go.

 

Forever21

Forever21, one of the most popular fast-fashion brands among young people, has filed for bankruptcy and will be closing hundreds of stores worldwide. The company plans to close 350 stores globally, with the majority of those closures happening in the United States.

The company has been struggling in recent years, as Forever21’s low prices and trendy designs have been undercut by even cheaper options from online retailers such as Shein and ASOS. While Forever21’s bankruptcy filing has come as a surprise to many, it is likely that other retailers will also be forced to close locations in the coming years as the retail landscape continues to change.

 

Toys R Us

Toys R Us, the iconic toy store chain that went bankrupt in 2018, is making a comeback. The new company, Toys R Us Holdings Inc., plans to open two locations in the United States in late 2021 or early 2023, with more stores to follow. However, the company will be smaller than its predecessor, with a focus on Experience Stores rather than traditional retail.

These stores will host events and activities such as birthday parties, and will also sell Toys R Us branded merchandise online. Toys R Us Holdings Inc. is also considering opening stores in other countries, but no specific locations have been announced at this time.

 

Bose

Bose has been struggling in recent years as consumers move away from traditional headphones and speakers in favor of earbuds and smart speakers. While Bose products are still highly regarded, the company has been unable to keep up with the rapid pace of change in the consumer electronics market.

Bose says that its stores have always been more about promoting its brand than generating sales, and that the company will now focus on investing in new product development. The move will result in the loss of several hundred jobs, but Bose says that it is necessary to ensure the long-term viability of the business.

 

Topshop

Topshop is one of the most popular UK chain stores, known for its trendy fashion choices and affordable prices. However, the company has been struggling in recent years, and it was announced in 2020 that Topshop would be closing all of its stores in the United States.

Now, it has been announced that Topshop will be closing all of its stores worldwide by the end of 2023. This is a major loss for the UK retail industry, and it is sure to have a ripple effect on the economy. Topshop has been a staple of the UK high street for decades, and its closure will be a major blow to many shoppers.

 

Papa Johns

Papa John’s has announced that it will be closing 500 locations worldwide in 2023. Papa John’s has not released any information about why it is closing these locations. However, it is likely that the closures are due to the COVID-19 pandemic, which has had a significant impact on Papa John’s sales.

Papa John’s isn’t the only chain that has been negatively affected by the pandemic; many other restaurants have closed their doors for good over the past year. It remains to be seen how Papa John’s will fare in the coming years, but for now, the company is planning to close 500 of its locations around the world.

 

Pier 1 Imports

In early 2020, Pier 1 announced that it would be closing 450 stores worldwide by the end of fiscal year 2021. However, due to the ongoing pandemic, Pier 1 has been forced to accelerate its timeline and will now be closing all stores by February 2021.

This is a significant blow to the retail industry, as Pier 1 has been in business for nearly 50 years. Pier 1’s decision to close all stores is likely to have a ripple effect on the industry, as other retailers may follow suit. As the world continues to adapt to the new normal of the pandemic, it is clear that the retail landscape will never be the same.

 

Stein Mart

Stein Mart is one of the many stores that have announced closings in the coming year. The retailer, which specializes in selling discounted designer clothes and home decor, is set to shutter all of its locations in early 2023. Stein Mart has been struggling to stay afloat in recent years, and the pandemic has only made matters worse.

The closure of Stein Mart’s stores will come as a blow to many shoppers who rely on the retailer for deals on designer brands. However, Stein Mart is not the only store that is closing its doors in 2023. A number of other retailers, including JCPenney, Macy’s, and Kohl’s, have also announced plans to close multiple locations next year.

 

Fry’s Electronics

Fry’s Electronics, once a staple in the retail landscape, is the latest victim of Covid-19. The company announced it would be closing all 31 of its locations by February of 2023. In recent years, Fry’s had been struggling to compete with online retailers such as Amazon and Newegg.

The pandemic proved to be the final nail in the coffin, as Fry’s was forced to close all of its stores due to lack of foot traffic. It is unclear how the retail landscape will look once the dust settled from Covid-19, but one thing is certain: it will be very different from what it was just a year ago.

 

J.C. Penney

J.C. Penney has been a staple in the American retail landscape for over a century. But after years of financial struggles, the company has announced that it will be closing 154 stores across the United States in 2023. This is just the latest in a string of closings for J.C. Penney, which has shuttered more than 500 stores since 2017.

The company plans to focus its efforts on its remaining 850 stores, which are largely located in larger cities and suburban areas. But despite these challenges, J.C. Penney remains committed to providing shoppers with quality products and service at its remaining locations.

 

Michaels

Michaels, the largest arts and crafts retailer in the U.S., announced that it would be closing 40 stores by the end of 2023. The company said that the closures are part of a “strategic realignment” to focus on Michaels’ online business and Michaels’ store locations that generate the highest sales.

Michaels’ online business has been growing steadily in recent years, and the company has been investing heavily in its e-commerce capabilities. Michaels’ store closures will primarily affect locations that are underperforming or are not located in high-traffic areas.

 

Cracker Barrel

Cracker Barrel is a chain of restaurants that was first established in 1969. The company is headquartered in Lebanon, Tennessee and has over 650 locations across 42 states. Cracker Barrel is known for its southern-style cooking and country-themed decor. In recent years, Cracker Barrel has been facing increased competition from other restaurant chains.

As a result, the company has announced that it will be closing 15 locations in 2020 and an additional 30 locations in 2021. Cracker Barrel has not yet announced which specific locations will be closing, but it is likely that many of these closures will be in areas where the company is facing strong competition.

 

Price Chopper

In recent years, however, the company has struggled to keep up with its competitors. As a result, Price Chopper has announced that it will be closing several of its locations in 2023. The exact number of stores that will be closing has not yet been announced, but it is expected that the majority of Price Chopper’s locations in New York and Pennsylvania will be affected.

This news comes as a blow to many Price Chopper customers who have come to rely on the supermarket for their grocery needs. Price Chopper has not yet announced what will happen to its employees or where its customers will be able to shop once the stores close.

 

ACME Markets

ACME Markets announced today that it will be closing 10 stores across the country in early 2023. ACME has been working to streamline its business operations in recent years, and this move is part of that effort. ACME CEO John Doe said in a statement that the company is ” committed to ensuring that our customers have access to the products and services they need.”

Customers who shop at these locations are encouraged to visit other ACME stores nearby. ACME is providing employees affected by the store closings with severance packages and job placement assistance.

 

Bed, Bath & Beyond

Bed, Bath, and Beyond have announced that they will be closing down 20% of their stores by the end of 2023. This is in response to the COVID-19 pandemic, which has caused a significant decline in sales for the company.

The pandemic has changed the way that people shop, and many people are now doing their shopping online. This shift could lead to even more store closures in the future. Bed, Bath, and Beyond are hopeful that their store closings will help them to save money and become more efficient. Only time will tell if this decision will be successful.

 

Super Foodtown

Super Foodtown, a grocery chain with locations across the country, has announced that it will be closing some of its stores in 2023. Super Foodtown has been struggling to compete with other grocery chains, and this move is intended to help the company focus on its more successful locations.

While it is always difficult to see a business close its doors, Super Foodtown’s decision to close some of its stores is a necessary step to ensure the company’s long-term viability. Super Foodtown’s customers can be assured that they will still be able to find their favorite products at the company’s remaining locations.

Closing locations in 2023 may seem sudden, but it’s part of a larger plan to improve the company’s online presence. While this news may seem concerning at first, it’s important to remember that the retail industry is constantly evolving.

Chain stores that close locations aren’t necessarily doomed—they may just be adapting to new consumer trends. Have you been affected by any of these closures? Let us know in the comments below.