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redqueen

(115,103 posts)
Mon Feb 17, 2020, 08:41 PM Feb 2020

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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More than 2,200 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list. (Original Post) redqueen Feb 2020 OP
These lists break my heart. dewsgirl Feb 2020 #1
Sad, but unfortunately a sign of the times Sherman A1 Feb 2020 #2
My local Toys r Us is currently being demolished. lpbk2713 Feb 2020 #3
I'm still upset rownesheck Feb 2020 #4
I don't know how my local mall is going to survive mnmoderatedem Feb 2020 #5
It won't. A HERETIC I AM Feb 2020 #7
some cities are renovating empty malls and turning the spaces into tiny apartments CatWoman Feb 2020 #8
One near me is being turned into...well they haven't decided yet but CousinIT Feb 2020 #11
people want their low quality china junk from low quality american online peddlers lol nt msongs Feb 2020 #6
I try to buy in a store before going online kimbutgar Feb 2020 #9
"Putin says: Destroy the economy!" struggle4progress Feb 2020 #10
Operation "Destroy The United States From Within" right on schedule. smirkymonkey Feb 2020 #12
Figure 10-12 employees each... Wounded Bear Feb 2020 #13
There are about 3000 employees Ms. Toad Feb 2020 #15
Was thinking average, including all of the smaller shops in malls... Wounded Bear Feb 2020 #17
And there are 50,000 coal miners *total* in the US... guess who's getting catered to though? ck4829 Feb 2020 #16
My daughter's store is on there. Ms. Toad Feb 2020 #14
If you are spending all your money on housing... hunter Feb 2020 #18
Retail is dead madville Feb 2020 #19
I was at the mall in Albuquerque the other day and it was dead! Quixote1818 Feb 2020 #20

Sherman A1

(38,958 posts)
2. Sad, but unfortunately a sign of the times
Mon Feb 17, 2020, 08:49 PM
Feb 2020

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

rownesheck

(2,343 posts)
4. I'm still upset
Mon Feb 17, 2020, 08:57 PM
Feb 2020

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!

mnmoderatedem

(3,728 posts)
5. I don't know how my local mall is going to survive
Mon Feb 17, 2020, 09:04 PM
Feb 2020

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

CousinIT

(9,241 posts)
11. One near me is being turned into...well they haven't decided yet but
Mon Feb 17, 2020, 10:09 PM
Feb 2020

it won't be a shopping mall anymore.

kimbutgar

(21,137 posts)
9. I try to buy in a store before going online
Mon Feb 17, 2020, 09:35 PM
Feb 2020

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.

 

smirkymonkey

(63,221 posts)
12. Operation "Destroy The United States From Within" right on schedule.
Mon Feb 17, 2020, 11:15 PM
Feb 2020

And the republicans are clearing their path.

Ms. Toad

(34,069 posts)
15. There are about 3000 employees
Mon Feb 17, 2020, 11:24 PM
Feb 2020

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

Wounded Bear

(58,648 posts)
17. Was thinking average, including all of the smaller shops in malls...
Mon Feb 17, 2020, 11:27 PM
Feb 2020

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.

Ms. Toad

(34,069 posts)
14. My daughter's store is on there.
Mon Feb 17, 2020, 11:22 PM
Feb 2020

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.

hunter

(38,311 posts)
18. If you are spending all your money on housing...
Mon Feb 17, 2020, 11:29 PM
Feb 2020

... 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.

Quixote1818

(28,930 posts)
20. I was at the mall in Albuquerque the other day and it was dead!
Mon Feb 17, 2020, 11:42 PM
Feb 2020

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

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