Retail collapse: 57 chains closing stores

Retail collapse: 57 chains closing stores

09 Ağustos 2018 - 02:00

It's been a merciless few years when it comes to retail store closings.

As shoppers move online and mall traffic declines, more and more brands are filing for bankruptcy, downsizing or closing retail operations altogether.

Is your favorite retailer closing shop?

Check out our list of the biggest chains closing stores. 

"Earns

(AP Photo/Seth Wenig)

Abercrombie & Fitch

In March 2018, Abercrombie & Fitch announced it would close up to 60 more stores amid struggling sales and other closures in 2016 and 2017. The company has not announced if any of the New Jersey locations will close, and so far they've all stayed in business. Currently there are stores in Atlantic City, Bridgewater, Cherry Hill, Deptford, Eatontown, Edison, Elizabeth, Freehold, Paramus, Rockaway, Short Hills and Wayne.

 


Aeropostale

The retailer filed for bankruptcy in the spring of 2016, but in the fall of 2016 was acquired by a group of mall owners for $243 million. The sale was expected to save about 230 of Aeropostale's 800 stores, according to Fortune. More than 100 stores were set to close after the bankruptcy filing, but the N.J. stores, so far, have never been on the chopping block.


Aerosoles

Edison-based women's footwear chain Aerosoles has filed for Chapter 11 bankruptcy and will close a "significant" number of stores, the company said in a September statement. While the company didn't disclose how many or which of its 88 locations will be shuttered, it said it will maintain four flagship stores in New Jersey and New York, and continue to sell online.


American Apparel

The clothing brand filed for bankruptcy in 2016 and closed all stores, but its trademark was bought by Gildan Activewear. The company just recently opened its first brick-and-mortar store in L.A. after an online relaunch.


Kaynak:Nj.com

YORUMLAR

  • 0 Yorum
Henüz Yorum Eklenmemiştir.İlk yorum yapan siz olun..
İLGİNİZİ ÇEKEBİLİR x
Ruling AKP reshuffles top management
Ruling AKP reshuffles top management
Hakan Atilla Hakkında Flash Karar
Hakan Atilla Hakkında Flash Karar