Consumers’ online shopping habits the past few years, along with their growing preference for restaurants and travel over clothes and accessories, are taking a heavy toll on brick-and-mortar retailers.
U.S. mall-based retailers, from department stores to specialty retailers, plan to close more than 3,500 stores in the next few months, according to a recent Business Insider tally. (See also: Retail Deathwatch Continues.)
Here are 19 retailers with reported store closures so far this year:
- Payless is closing about 500 stores. The discount shoe retailer is reportedly planning to file for bankruptcy as soon as next week, although it hasn’t said so officially.
- RadioShack is closing 552 stores. The electronics store retailer filed for bankruptcy earlier this month.
- The Limited is closing 25 stores. This women’s apparel retailer filed for bankruptcy in January.
- Family Christian is closing 240 stores. The retailer of Christian-themed merchandise is closing after 85 years in business.
- Wet Seal is closing 171 stores. The mall retailer filed for bankruptcy in early February.
- Bebe Stores (BEBE) is closing 170 stores. The women’s apparel store is shutting all its stores and moving its presence to online only.
- Crocs (CROX) is closing 158 stores. The shoe retailer is reducing its store count by 25 percent.
- JCPenney (JCP) is closing 138 stores. The department store, a common anchor retailer for malls, is displacing 5,000 workers as it shutters locations.
- BCBG is closing 120 stores. The fashion chain filed for bankruptcy in early March.
- American Apparel is closing 110 stores. The women’s clothing retailer filed for bankruptcy in November.
- Kmart is closing 108 stores. Owned by Sears Holdings, the retail chain is part of a company that said it's having doubts about its future.
- HHGregg is closing 88 stores. The electronics retailer became another bankruptcy victim earlier this month.
- Staples (SPLS) is closing 70 stores. The office supply store said it would close 4.5 percent of its locations after reporting a 3 percent decline in quarterly sales in March.
- CVS (CVS) is closing 70 stores. The retail pharmacy has a total of about 9,600 stores.
- Macy’s (M) is closing 68 stores. The department store said it is struggling to grow sales.
- Abercrombie & Fitch (ANF) is closing 60 stores. The mall-based women’s retailer said it is shuttering stores as lease terms end.
- Guess (GES) is closing 60 stores. The once-booming denim brand is closing U.S. locations as it expands abroad.
- Sears (SHLD) is closing 42 stores. Sears Holdings warned investors earlier this week that its operations are likely not sustainable.
- Gander Mountain is closing 32 stores. The hunting and gun retailer is another victim of online sales trends.