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Mon Feb 17, 2020, 08:41 PM

More than 2,200 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list.

Retailers are expected to close more than 2,200 stores this year, following record-high rates of closings last year.

More than 9,300 store closings were announced in the US in 2019, smashing the previous record of roughly 8,000 store closures in 2017, according to an analysis by Business Insider.

The number of store closings this year could be even higher than previous records, according to estimates from the real estate firm Cushman & Wakefield. The firm estimated last year that as many as 12,000 major chain stores could close in 2020.

Retailers have so far confirmed at least 2,200 stores slated for closure in 2020, according to a Business Insider analysis.
...
https://www.businessinsider.com/stores-closing-in-2020-list-2020-1#click=https://t.co/sRoLbE9E1V



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Reply More than 2,200 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list. (Original post)
redqueen Feb 17 OP
dewsgirl Feb 17 #1
Sherman A1 Feb 17 #2
lpbk2713 Feb 17 #3
rownesheck Feb 17 #4
mnmoderatedem Feb 17 #5
A HERETIC I AM Feb 17 #7
CatWoman Feb 17 #8
CousinIT Feb 17 #11
msongs Feb 17 #6
kimbutgar Feb 17 #9
struggle4progress Feb 17 #10
smirkymonkey Feb 17 #12
Wounded Bear Feb 17 #13
Ms. Toad Feb 17 #15
Wounded Bear Feb 17 #17
ck4829 Feb 17 #16
Ms. Toad Feb 17 #14
hunter Feb 17 #18
madville Feb 17 #19
Quixote1818 Feb 17 #20

Response to redqueen (Original post)

Mon Feb 17, 2020, 08:43 PM

1. These lists break my heart.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 08:49 PM

2. Sad, but unfortunately a sign of the times

Having worked retail for over 4 decades this really hits home.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 08:52 PM

3. My local Toys r Us is currently being demolished.



I hate to see it happen.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 08:57 PM

4. I'm still upset

at the closing of blockbuster video and all other video rental stores. Those were my favorite jobs ever. They were libraries where you could walk around and say, "Oh! I've been wanting to see that one!" Now, you just scroll through screens of whatever the streaming service puts up there. What fun is there in that? Boring! Bring back the video rental stores!

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Response to redqueen (Original post)

Mon Feb 17, 2020, 09:04 PM

5. I don't know how my local mall is going to survive

just walked through yesterday. Good grief, literally about a third of the units are vacant

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Response to mnmoderatedem (Reply #5)

Mon Feb 17, 2020, 09:13 PM

7. It won't.

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Response to mnmoderatedem (Reply #5)

Mon Feb 17, 2020, 09:30 PM

8. some cities are renovating empty malls and turning the spaces into tiny apartments

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Response to CatWoman (Reply #8)

Mon Feb 17, 2020, 10:09 PM

11. One near me is being turned into...well they haven't decided yet but

it won't be a shopping mall anymore.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 09:11 PM

6. people want their low quality china junk from low quality american online peddlers lol nt

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Response to redqueen (Original post)

Mon Feb 17, 2020, 09:35 PM

9. I try to buy in a store before going online

And I need to try on clothes. Everytime I order clothes online they end up not fitting and I give them away.

I went to our local IKEA the other day and the store was really busy.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 09:38 PM

10. "Putin says: Destroy the economy!"

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Response to struggle4progress (Reply #10)

Mon Feb 17, 2020, 11:15 PM

12. Operation "Destroy The United States From Within" right on schedule.

And the republicans are clearing their path.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 11:18 PM

13. Figure 10-12 employees each...

just spitballin' of course, but at 10 jobs each, that's 22,000 jobs.

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Response to Wounded Bear (Reply #13)

Mon Feb 17, 2020, 11:24 PM

15. There are about 3000 employees

in my daughter's company (with 50 stores). So your estimate's a bit low.

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Response to Ms. Toad (Reply #15)

Mon Feb 17, 2020, 11:27 PM

17. Was thinking average, including all of the smaller shops in malls...

and along Main Street. But like I said, was just spitballing.

Regardless, losing that many businesses will hurt small towns around the country. Malls are already dying and re-purposing.

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Response to Wounded Bear (Reply #13)

Mon Feb 17, 2020, 11:25 PM

16. And there are 50,000 coal miners *total* in the US... guess who's getting catered to though?

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Response to redqueen (Original post)

Mon Feb 17, 2020, 11:22 PM

14. My daughter's store is on there.

They are nearing the end of their liquidation sale. It's a race to see if she can get one last $20,000+ infusion in before her health insurance terminates.

She's got a new job - at $2 less an hour. Insurance won't start for 3 months and the timing means she will pay three full out of pocket maximums in 13 months, snce she blows through any annual out-of-pocket max in a month. ($2,000 at her current job; $3,500 once her new insurance kicks in, and up to $8,200 more for the gap period.) Still a bargain because her billed expenses are $200,000 a year - but still - on an income of less than $21,000/year - that $13,700 is likely going to come out of mom's pocket.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 11:29 PM

18. If you are spending all your money on housing...

... and the housing you can afford doesn't have a yard, garage, or any room to store things, there's only so much shopping you can do.

A person moving up in life from a college dorm room, to their own apartment, to a large condo, to a 3,000 square foot house on a quarter acre lot has room to shop. Everyone else, not so much.

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Response to redqueen (Original post)

Mon Feb 17, 2020, 11:40 PM

19. Retail is dead

Good for the USPS and other delivery services though

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Response to redqueen (Original post)

Mon Feb 17, 2020, 11:42 PM

20. I was at the mall in Albuquerque the other day and it was dead!

I don't know how half of the stores are staying open there now.

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