10 beloved shopping centers stores that you can never come back
These popular shopping center stores can close their doors for good because of COVID.
Big Box stores have long struggled to stay in a competitive flood in an internet era - but their downtown counterparts seemed more resilient. With their smaller footprints and their commercial models are null.Less Glamor area of detail was one of his best performances. But even these commercial center shops apparently at the ball now close as a result of a devastating 2020, due toThe impact of COVID on the world of retail sale. No match for social distance and changing landscape from the retail sale of brick and mortar, these companies once in full swing are now on the cutting block. Read it for Ship Mall stores, you can never come back, and for another update of a famous retailer, checkNordstrom became the first retailer to prohibit these products.
Main names of the retail trade, the stores that have really used the perchon, have become permanent victims of the retail apocalypse. Although they may not be completely foreign, it may not be able to straighten the ship with such low dynamism sales. These 10 10-cingle shopping center stores have got hundreds of hundreds (in some cases, thousands) of locations while they struggle to survive - which means it can be your last chance to come back to these stores.
1 Dollar of the family
Five years ago, Dollar Tree announced the acquisition of $ 8.5 billion dollars. But in March, the dollar tree shared that it was getting 390 family dollars stores. According toVoxThis comes as Walmart more and more experimenting with "smaller shop concepts" for "aggressivelyPress Dollar Store Competitors. "The pandemic was undoubtedly little help in the matter. And for a low-cost business that is booming, checkThis popular discount string launches a new shopping experience.
2 AT & T
Strip-oriented stores would appear to be the most resistant to financial fluctuations, but AT & T brick and mortar locations have struggled to stay afloat by the pandemic. The wireless carrier is currently underwayClose 250 stores and cut 3,400 jobs, American communication workers reported in a statement. They cited "change consumer behaviors" and the pandemic for its rapid decline.
3 Jewelery Zales
Bookmark Jewelers, Kay's parent company, Zales and Jared Joaolers, as well as the piercing pagoda of the shopping center clip,will close 400 stores. The judgments are concentrated in underperformance places across the country (as well as in the United Kingdom), a decision taken by society after temporarily shut down the 3,000 of its stores in March following the pandemic. Sales dropped by 40% in the last quarter of the company and changed their strategy to increase their online presence.
4 Ann Taylor
According toInternal business communityThe parent company of Ann Taylor announced in July in July that they had filed for bankruptcy and intended forClose more than 1,100 retail locations. This will include not only Ann Taylor stores most often found in shopping centers, but also Ann Taylor Factory, Ann Taylor Loft, Lou & Gray, Lane Bryant, Barne de la Dress and other sister companies more frequently found in locations. Smaller shopping centers. And for another fashion brand that disappears, checkThis popular clothing chain has just announced the closure of 250 stores.
5 Imports of the pier 1
As indicated byUnited States today, Imports of the pier 1started the closing process By announcing that it would trigger half of its store pitches on January 20, 20120. A month later later, the chain announced its bankruptcy deposit in Chapter 11 and would begin an "ordained wind" company, including the Closing 936 sites. Pier Pig 1Robert RiesbeckI explained that the company was looking for a buyer to save the beloved chain before the pandemic strike. "Unfortunately, the stimulating retail environment has been considerably aggravated by the deep impact of COVID-19, preventing our ability to guarantee such a buyer and to force us to go down," said Riesbeck. And for another brand of households in difficulty, checkThis beloved house shop closes more than half of its locations.
6 Men's clothes
In July, Wearhouse Men's announced that they would close up to 500 places across the United States, but he always came from shock when deposited for bankruptcy, a month later. "Coronavirus Pandemic has changed the way we live and work. There are fewer meetings in person, less out and reported wedding celebrations, while our clothes are better adapted to the exit and in turn. It means to his turn theneed fewer shops"Customized parent company has explained on its website.
7 Gamestop
Once an up-to-to-one destination, GameStop has certainly seen better days. In March, they published a statement indicating that they would close 350 stores. Then, during a gains call in early September, the company stated that the number increased between 400 and 450 locations, according to CNN. The Chief Financial Officer of the Company,Jim bell, recognized that there would beprobably be more important cuts in 2021-Passume society survives so long. And for another entertainment company that disappears,This major cinema chain has just announced that it closes all places.
8 New York & Company
In July, the New York & Company Women's Clothing Retailer has announced its "close, if not all brick and mortar locations. The company cited the financial stroke of the coronavirus pandemic as a cause of closure and launched liquidation sales. Although not explicitly marketed as a liquidation sale, the store is currentlyOffering up to 85% off All online goods. And so that something be suspicious in cases like these, discover itThe secret path of business sales tries to deceive you.
9 Bathtub bed and beyond
Another major retailer that could quickly become rare? Bathtub bed and beyond. While they have not yet abandoned hope, the well-liked home retailer has announced its intention toClose 63 locations by the end of 2020, above 40 locations they have already obtained. The highest UPS describe the plan not asEffort to reduce effortsBut as an "store optimization plan" in use "a seamless experience, omni-always." Although many are rooted for bed bath and beyond, it could very well be the beginning of the end.
10 Gnc
GNC has sold nutritional supplements since 1935, but its business model was not a correspondence for 2020. With 1,200 locations across the country, it goes nowClose 800 from these stores. The CNG website explains that the decision results from the continuous and long-term financial strain while trying to follow competitors online. "However, the Pandemic of Covid-19 created a situation where we could not do our refinancing and that the steep change in the exploitation environment had a dramatic negative impact on our company," said the company . And for more information up-to-date on the detail apocalypse of 2020 and more,Sign up for our daily newsletter.