Stores Closing Their Doors in 2020

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abercrombie and fitch

As the retail apocalypse drags on, more stores have announced that they will close their doors.

Each year, as malls die out and consumers continue to buy more online, the number of retailers closing stores continues to climb. And in fact, some experts estimate that the number of store closings this year could exceed the record-breaking number of closures from 2019.

Here is a list of all the stores expected to close this year.

Earth Fare

Earth Fare
Supermarket News

Trendy health-focused grocery chain Earth Fare announced that all of its stores are closing. Instead of filing for bankruptcy and refinancing debt, they instead began liquidating all 50 stores.

Gap

Gap
Forbes

Although the company’s other brands, such as Old Navy and Athleta, remain open, they announced plans to close around 230 Gap stores over the next two years. 130 locations were slated to close by January 2020, with the remaining closings happening in 2020.

Pier 1 Imports

Pier 1 Imports
Pier 1 Imports

After years of falling sales and struggling to stay afloat, Pier 1 said that it plans to close 450 stores, which is about half of their total store count. At the time of the announcement, the company had about 950 stores and around 4,000 employees.

Walgreens

Walgreens
Supermarket News

It looks like some Walgreens locations will no longer be “at the corner of happy and healthy.” According to a multiyear cost-cutting program, Walgreens plans to close 200 locations. But this new round of closings is actually in addition to a previously announced closing of 750 stores.

Forever 21

Forever 21
ABC News

This fast-fashion chain filed for bankruptcy in September 2019, and began plans to close down 350 stores worldwide, with at least 178 stores closing across the U.S.

Calvin Klein

Calvin Klein
Mall of America

The brand that once stood for chic and youthful fashion will effectively no longer exist. Drastic changes are being made to rebrand the entire company. The company is closing all its stores and opening new ones under completely different branding.

Chico’s

Chico's
The Mall at Millenia

This women’s clothing retailer plans to close 100 stores. On top of that, they will also shutter 90 of their White House Black Market stores and 60 Soma stores over a period of 3 years.

A.C. Moore

A.C. Moore
Forbes

A.C. Moore’s parent company, Nicole Crafts, announced that all 145 locations of this craft-store chain will permanently close in 2020. Competitor Michaels assumed leases for about 40 of the closed locations, and also purchased some of A.C. Moore’s intellectual property.

Kmart

Kmart
Marietta Times

Although once a leading U.S. retailer with more than 2,300 stores across the country, this chain has had plenty of trouble keeping their doors open. And really, the decline has been ongoing since the 1990s. These days, as stores continue to close, there are fewer than 100 locations left.

Sears

Sears
Forbes

The parent company that owns Kmart also owns failing retailer Sears. Transform Holdco will close an additional 51 Sears stores, leaving them with only 182 Sears and Kmart stores to operate.

Bose

Bose
Digital Trends

Known for high-quality audio equipment, Bose announced that it will close 119 stores globally. This includes all of their locations in the U.S.

Bed, Bath & Beyond

Bed Bath and Beyond
Tribeca Citizen

Bed, Bath & Beyond announced that they plan on shuttering 44 stores across at least 8 states. By January 2020, they had already executed 16 of those planned closings.

Express

Express
USA Today

By 2022, this clothing brand will have closed 100 stores, which is about one quarter of its total locations. Included in that number are 9 locations that closed last year, and 21 that closed by the end of January 2020.

Macy’s

Macy's
CNBC

Much like other department store giants, Macy’s isn’t fairing so well in the face of American malls dying out. This chain has announced that they will close at least 30 stores in early 2020.

Hallmark

Hallmark
Hallmark

Although you can still purchase Hallmark-branded cards from other retailers, Hallmark-branded stores are becoming a thing of the past. At least 16 locations in the U.S. are closing in 2020. One Hallmark store owner said that it’s “not a viable business any longer” thanks to social media. “People used to by and send cards all the time. It’s all online now.”

Papyrus

Papyrus
Papyrus

Likely due to the same reasons, mall staple Papyrus, best known for selling upscale greeting cards and stationary, is going out of business. Parent company Schurman Fine Paper filed for bankruptcy, and announced they are closing all 254 locations across the U.S. and Canada.

Lucky’s

Lucky's
The Denver Post

This regional grocer that focuses on natural and organic foods announced the closure of most stores. By February, the company will have laid off 2,500 employees and closed 32 stores.

JCPenney

JCPenney
CNN

Although JCPenney has been around for almost 120 years, latest financial news shows that this department store chain is struggling to keep its doors open. The chain plans on closing another six stores and a call center by April 2020, after having already closed 27 stores and ending sales of appliances and furniture.

Abercrombie & Fitch

Abercrombie & Fitch
USA Today

All that preppy clothing and the overwhelming cologne-scented stores are becoming a thing of the past. The company announced it was planning to close 40 Abercrombie & Fitch and Hollister locations by February 2020, after having closed down 29 locations in 2018.

Gymboree

Gymboree
USA Today

After filing for Chapter 11 bankruptcy protection for the second time in two years, Gymboree announced the closing of more than 800 Gymboree and Crazy 8 stores. They also said they were planning to sell their higher-end line, Janie and Jack.

Destination Maternity

destination-maternity
Gilbert Carrasquillo / Getty Images

Destination Maternity filed for bankruptcy in October. It’s planning to close 183 stores across three countries.

Olympia

olympia-store
AP

Olympia will close 76 stores this year.

Modell’s

modells
Business Insider / Jessica Tyler

Modell’s is a sports retailer that will close 24 of its 140 locations this year.

Christopher & Banks

christopher-banks
Steve Morgan / Wikimedia Commons

This store is losing more money than it’s making. It’s planning to close 30-40 stores this year.

New York & Co.

new-york-and-co
Phillip Pessar / Flickr

This store will close more than 27 locations this year.