Economics and Trade
More than 9,100 stores are closing in 2019
More than 9,100 stores are closing in 2019 as the retail apocalypse drags on — here's the full list
- More than 9,100 stores are expected to close in 2019.
- Sears, Kmart, Party City, Walgreens, and Barneys, are among the retailers that have recently announced store closings.
- Charlotte Russe, Family Dollar, and Chico's announced more than 1,100 store closures in a span of 24 hours.
- Payless has said it plans to close all of its 2,500 stores in what could be the largest retail liquidation in history.
The staggering rate of store closures that rocked the retail industry over the past couple of years is expected to continue in 2019, with more closures expected this year.
Retailers closed a record 102 million square feet of store space in 2017, then smashed that record in 2018 by closing another 155 million square feet, according to estimates by the commercial real-estate firm CoStar Group.
"This year we are predicting more of the same in the retail space," CoStar senior consultant Drew Myers said.
Retailers have announced more than 9,100 store closures so far this year, according to an analysis by Business Insider.
Here's a list of all the stores closing this year:
Payless ShoeSource: 2,500 stores
Dress Barn: 650 stores
Fred's: 520 stores
Shopko: 371 stores
Charming Charlie: 261 stores
Chico's: 250 stores
Avenue: 222 store
Walgreens: 200 stores
GameStop: up to 200 stores
Forever 21: up to 178 stores
Sears: 175 stores
LifeWay: 170 stores
The Kitchen Collection: 160 stores
Performance Bicycle: 102 stores
Olympia Sports: 76 stores
Destination Maternity: 258 stores
CVS Health: 68 stores
Bed Bath Beyond: 60 stores
Pier 1 Imports: 57 stores
Party City: 55 stores
A'Gaci: 54 stores
Victoria's Secret: 53 stores
Office Depot and OfficeMax: 50 stores
The Children's Place: 45 stores
Abercrombie Fitch: 40 stores
Christopher Banks: 30-40 stores
JCPenney: 27 stores
Beauty Brands: 25 stores
Henri Bendel: 23 stores
Lowe's: 20 stores
Z Gallerie: 17 stores
Walmart: 17 stores
Barneys: 15 stores
Macy's: 9 stores
Gap: 230 stores
J.Crew: 7 stores
Kohl's: 4 stores
Nordstrom: 3 stores
Lord Taylor: 4 stores
Charlotte Russe: 520 store
Family Dollar: 390 store