Title: Store Closings in 2020: The Full List (Updated)
Headings: These Chains Are Permanently Closing the Most Stores in 2020
These Chains Are Permanently Closing the Most Stores in 2020
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1. GNC
Stores closing in 2020: Up to 1,200
2. Pier 1 Imports
Stores closing in 2020: 936
3. Stage Stores
Stores closing in 2020: 738
4. Men's Wearhouse/Jos. A. Bank
Stores closing in 2020: 500
5. New York & Co.
Stores closing in 2020: 405
6. GameStop
Stores closing in 2020: At least 320
7. Signet Jewelers
Stores closing in 2020: 300
8. Stein Mart
Stores closing in 2020: Up to 281
9. Bed Bath & Beyond
Stores closing in 2020: Up to 260
10. AT&T
Stores closing in 2020: 250
11. Victoria's Secret
Stores closing in 2020: 250
12. Chico's
Stores closing in 2020: Up to 250
13. Tuesday Morning
Stores closing in 2020: 232
14. Gap
Stores closing in 2020: Up to 230
15. J.C. Penney
Stores closing in 2020: 204
16. Family Video
Stores closing in 2020: 200
17. The Children's Place
Stores closing in 2020: 200
18. Art Van Furniture
Stores closing in 2020: About 200
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19. Walgreens
Stores closing in 2020: The last of 200
20. Destination Maternity
Stores closing in 2020: The last of 183
21. Papyrus
Stores closing in 2020: 178
22. Forever 21
Stores closing in 2019: The last of 178
23. Modell's Sporting Goods
Stores closing in 2020: 153
24. A.C. Moore
Stores closing in 2020: More than 145
25. Macy’s
Stores closing in 2020: The first of 125
26. Wilsons Leather
Stores closing in 2020: 110
27. Office Depot
Stores closing in 2020: Up to 90
28. Olympia Sports
Stores closing in 2020: 76
29. Express
Stores closing in 2020: Up to 66
30. Sur La Table
Stores closing in 2020: 56
31. Brooks Brothers
Stores closing in 2020: 51
32. Sears
Stores closing in 2020: 51
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33. Bath & Body Works
Stores closing in 2020: 50
34. Earth Fare
Stores closing in 2020: 50
35. Bose
Stores closing in 2020: 50
36. Kmart
Stores closing in 2020: 45
37. Christopher & Banks
Stores closing in 2020: Up to 40
38. Lucky's Market
Stores closing in 2020: 32
39. CVS
Stores closing in 2020: 22
40. Lord & Taylor
Stores closing in 2020: 21
41. Hallmark
Stores closing in 2020: At least 18
42. Nordstrom
Stores closing in 2020: 16
43. Century 21
Stores closing in 2020: 13
44. Bloomingdale's
Stores closing in 2020: 1
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About the Author
Doug Whiteman
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Content: The chain didn't plan to go out of business in 2020. But it began the year announcing that nearly half of its more than 900 stores would shut down. The company filed for bankruptcy and was hoping to find a buyer. "Unfortunately, the challenging retail environment has been significantly compounded by the profound impact of COVID-19, hindering our ability to secure such a buyer and requiring us to wind down," Pier 1 CEO Robert Riesbeck says, in a May 19 news release. The closing of all Pier 1 stores brings an end to a retailer that started in 1962 with one location selling beanbag chairs, incense and love beads to baby boomers in San Mateo, California. 3. Stage Stores
Caldorwards4 / Wikimedia Commons
Stores closing in 2020: 738
It's hard for regional discount department stores to hold their own against national giants Walmart, Target and Kohl's. The latest retailer to find this out is Stage Stores, the owner of Gordmans off-price stores and a bunch of other regional brands, including Bealls, Goody's and Peebles. The company filed for bankruptcy on May 10 and said it would permanently shut down all of its stores.