Title: These companies are closing locations in 2020 | Finance 101
Headings: These companies are closing locations in 2020
These companies are closing locations in 2020
1. J. Crew
2. Sears Holdings
3. 99 Cents Only
4. GNC
5. Fred’s Pharmacy
6. Destination Maternity
7. Ascena Retail
8. Stein Mart
9. JC Penney
10. Office Depot
11. Vitamin Shoppe
12. Forever 21
13. Neiman Marcus
14. Bebe
15. Pier 1 imports
16. Lands’ End
17. Guitar Center
18. Southeastern Grocers
19. Nine West
20. Kohl’s
21. Bon-Ton
22. David’s Bridal
23. Tops Market
24. Cole Haan
25. Charlotte Russe
26. Claire’s
27. FullBeauty Brands Holdings Corp
28. Eddie Bauer
29. Bluestem Brands
30. PetSmart Inc.
31. Payless
32. Mattress Firm
33. National Stores
34. Gump’s Holdings
35. Brookstone
36. Rockport
37. The Walking Company
38. Kiko USA
39. A’gaci
40. Toys R Us
41. Bertucci’s
42. Gymboree
43. Diesel USA
44. Imerys Talc America Inc.
45. Pacific Gas and Electric (PG&E)
46. Things Remembered
47. Innovative Mattress Solutions
48. Z Gallerie
49. Beauty Brands
50. Shopko
51. The Weinstein Company
52. Roberto Cavalli
53. Lowe’s

Content: 2. Sears Holdings
Phillip Pessar/Wikimedia Commons
Sears Holdings has undergone trouble for a decade, with their sales continuing to decline. It sounds like they’ve tried nearly everything — cost cuts, asset sales, store closures, and layoffs — but RetailDive says this hasn’t helped the giant department store out too much. Finally it’s had to file neChapter 11 bankruptcy October 2018, closing 142 stores in the process. In an attempt to try and avoid bankruptcy, CEO Eddie Lampert’s hedge fund has loaned hundreds of millions of dollars to Sears Holdings (with interest, of course). Things aren’t looking too bright for the retailer, even a hedge fund couldn’t keep it afloat. Like 99 Cents Only, they might be suffering from competition in the market. 3. 99 Cents Only
Thankstelfair/ Wikimedia Commons
The retailer offering discount goods has found itself between a rock and a hard place, facing competition from companies like Dollar General, Dollar Tree, and Walmart. In December 2017, the company reported a net loss of $27.1 million on top of $33.6 million in losses the second quarter and $8.8 million in Q1.