Stores Closing 2018
As more and more online retailers chip away at brick and mortar stores, more and more store closings are announced. Some brick and mortar stores claim consolidation of under performing stores and some, like Toys R Us, are just throwing in the towel.
Here is a huge list of over 3,000 Store Closings for 2018 and beyond.
The first on that list…
Kroger Closing 14 Stores
Kroger recently announced it will be consolidating by closing 14 stores in the Raleigh Durham area. Harris Teeter has agreed to buy eight of those stores.
There is a big presence of the Lidl brand in the Raleigh Durham area which most likely has made Kroger take a closer look at their underperforming stores in a very saturated grocery store market.
Sears & Kmart Closing 68 Stores
Sears Holdings announced, at the end of May, that it would be closing up to 68 stores in 2018 with the possibility of adding an additional 4 more stores to the list.
The closings, according to the release, are part of of their efforts to focus their efforts on the best, most profitable stores.
Closings have already begun this month and will continue throughout the rest of 2018.
Kmart Stores Closing:
- 910 North China Lake Blvd Ridgecrest CA
- 9881 W 58Th Avenue Arvada CO
- 5400 E Busch Blvd Tampa FL
- 4303 Nawiliwili Road Lihue HI
- 2535 Hubbell Avenue Des Moines IA
- 5909 E State Street Rockford IL
- 4070 Ryan Street Lake Charles LA
- 215 North Central Avenue Duluth MN
- 24 34 Barbour Avenue Passaic / Clifton NJ
- 2100 Carlisle Avenue Albuquerque NM
- 1000 Montauk Highway West Babylon NY
- 25301 Rockaway Blvd Rosedale NY
- 12350 N E Sandy Blvd Portland OR
- 1072 Mountain Laurel Plaza Latrobe PA
- 5000 San Dario Laredo TX
Sears Stores Closing:
- 10001 N Metro Parkway West Phoenix AZ
- 100 S Puente Hills Mall City Industry CA
- 7902 Citrus Park Town Center Tampa FL
- 320 Towne Center Circle Sanford FL
- 2201 Henderson Mill Road N.E. Atlanta GA
- 1300 Southlake Mall Morrow GA
- 2100 Pleasant Hill Road Duluth GA
- 320 W Kimberly Road Davenport IA
- #2 Hawthorn Center Vernon Hills IL
- #2 Fox Valley Center Aurora IL
- 6136 W Grand Avenue Gurnee IL
- 104 West White Oaks Mall Springfield IL
- 2415 Sagamore Pkwy S Lafayette IN
- 40 Muncie Mall Muncie IN
- 6020 E 82Nd Street Indianapolis IN
- 1781 Sw Wanamaker Road Topeka KS
- Alexandria Mall Alexandria LA
- Hwys 114 & 128 Peabody MA
- Eastfield Mall Springfield MA
- 3191 S Linden Road Flint MI
- 18900 Michigan Avenue Dearborn MI
- 14100 Lakeside Circle Sterling Heights MI
- 1212 S Airport Road W Traverse City MI
- Shingle Creek Crossing Brooklyn Ctr MN
- Miller Hill Mall Duluth MN
- 250 S County Center Way St. Louis MO
- #1 Chesterfield Mall Chesterfield MO
- 1000 Turtle Creek Drive Hattiesburg MS
- 1515 Grand Avenue Billings MT
- 2800 S Columbia Road Grand Forks ND
- 300 Quaker Bridge Mall Lawrenceville NJ
- 2341 Rt 66 Ocean NJ
- 2501 Mt Holly Road Burlington NJ
- 10000 Coors Bypass N.W. Albuquerque NM
- 3649 Erie Blvd E De Witt / Syracuse NY
- 2400 Elida Road Lima OH
- 17271 Southpark Center Strongsville OH
- 300 S Hills Village Pittsburgh / South Hills PA
- 1000 Robinson Center Drive Pittsburgh PA
- 205 W Blackstock Road Spartanburg SC
- 3101 N Main Street Anderson SC
- 3400 Empire Mall Sioux Falls SD
- 2931 Knoxville Center Drive Knoxville TN
- 2401 S Stemmons Freeway Lewisville TX
- 1800 Green Oaks Road Fort Worth TX
- 11200 Lakeline Mall Drive Cedar Park TX
- Golden Triangle Mall Denton TX
- 4502 S Steele Street Tacoma WA
- 425 Union St Waterbury CT
- 3420 Oak View Drive Omaha / Oakview NE
- 4800 Millhaven Road Monroe LA
- 3601 Southern Ave Shreveport LA
- 2950 E Texas St Bossier City LA
H&R Block Closing 400 Offices
Although 400 closings of H&R offices sounds like a lot, it’s smaller offices that are closing and they are not planning on cutting any jobs as a result of these office closings.
The competition of online tax programs coupled with new, tax simplification from the new tax laws are a contributing factor to the closings.
Starbucks Closing 150 Store (2019)
Starbucks announced, this month, that it will be closing approximately 150 stores in the US during 2019. These closings would include “underperforming company-operated stores in it’s most densely penetrated markets”.
No list of stores has been released at this time.
Lord & Taylor Closing 10 Stores
HBC, which owns Lord & Taylor announced that it will be closing 10 Lord & Taylor stores through 2019.
To better balance the brand’s brick and mortar presence with its online channels and increase profitability, the Company expects to close up to 10 Lord & Taylor stores through 2019. This reduced store network will allow new leadership to re-think the model and better position Lord & Taylor for future success.
Two stores have already closed in 2018 including Annapolis, Maryland and Skokie, Illinois. Also expected to close is the New York City Fifth Avenue location. The other seven stores closing were not listed.
GNC Closing 200 Stores
During 2018, GNC plans on closing approximately 200 stores. The company does expect a very limited amount of new store openings.
No list of stores closing is available at this time.
J.Crew Closing 20 Stores
After closing 51 stores in 2017, J.Crew recently announced that will be closing another 20 stores in 2018. No listing of stores to be closed were in the report.
Toys R Us Closing All 735 Stores
As most of you already know, Toys R Us announced in March that they are closing all of their 735 US stores. Liquidation sales are expected, for some stores, to continue through the end of June.
Subway Closing 500 Restaurants
Subway, which was founded over 50 years ago, will be closing about 500 restaurants in the US according to Bloomberg. That number is down from 2017 where they closed over 800 restaurants. Not too worry though as Subway still has over 25,000 restaurants around the US.
Foot Locker Closing 110 Stores
According to Business Insider, Footlocker announced they plan on closing 110 stores in 2018. That is down from 2017 where they closed 147 stores. Footlocker still has a presence of over 3000 around the globe.
JCPenney Closing 8 Stores
After closing over 140 JCPenney stores in 2017, the retailer will only close another 8 stores in 2018, according to CNBC.
Here are the stores closing this year:
- St. Louis, Mo.
- Paramus, N.J
- Galesburg, Ill.
- Alexandria, Minn.
- Bartlesville, Okla.
- Burlington, Wash.
- Calexico, Calif.
- Mt. Vernon, Ohio
Sam’s Club Closing 63 Stores
Not good news for Sam’s Club Members. Sam’s Club, which is a division of Walmart, announced earlier this year, that they would be closing 63 stores in 2018. Twelve of the 63 stores will be converted to eCommerce facilities.
Gap Closing 200 Stores Over the Next 3 Years
Late last year, Gap announced that it plans on closing about 200 “underperforming Gap and Banana Republic specialty locations”. However, Old Navy fans can celebrate as they will be adding about 270 Old Navy, Athleta stores to their bundle of stores.
Macy’s Closing 19 Stores
According to their press release earlier this year, Macy’s anticipates closing approximately 19 stores in 2018 as they try to find the perfect mix of online and brick & mortar stores. With the store closings for 2018, that will be a total of 124 Macy’s stores closed since 2015.
Here are the list of stores that will be closing or closed during the first half of 2018:
- Laguna Hills Mall, Laguna Hills, CA
- Westside Pavilion, Los Angeles, CA
- Novato (Furniture), Novato, CA
- Stonestown Galleria, San Francisco, CA
- The Oaks, Gainesville, FL
- Miami (Downtown), Miami, FL
- Magic Valley Mall, Twin Falls, ID
- Honey Creek Mall, Terre Haute, IN
- Birchwood Mall, Fort Gratiot Township, MI
- Fountain Place, Cincinnati, OH
- Burlington Town Center, Burlington, VT
Teavana Closing All 379 Stores
Starbucks, who owns Teavana stores, announced last year that they will be closing all Teavana stores in 2018 with the majority closed during the spring.
Bon-Ton Closing All 250 Stores
Like Toys R Us, Bon-Ton announced back in April, that they will be shutting down for good. That includes all 250 of their US stores. Liquidation sales starting on April 20th and will run through the end of July. These liquidation sales are going on in store and online.
Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice Closing 268 Stores
The parent company of Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice, Ascena Retail Group Inc, announced last year that they have plans on shutting down 268 stores between 2018 and 2019, according to an article by the LA Times. No list of stores being closed were given.
Zaycon Foods Shuts Down Online Business
As we reported yesterday on the Zaycon Closing situation. Zaycon provided farm to consumer meats and abruptly shut it’s doors yesterday morning leaving consumers with open orders that had already been paid for. There is so much speculation surrounding the sudden closing, but a search of lawsuits that the owners are involved in with a past CEO/Investor leads consumers to believe that may have had something to do with the closing.