With larger retail companies moving the majority of their business online, these companies are being forced to shut down hundreds of stores nationwide. Here is a list of all the retail stores that have been slowly phasing out their brick-and-mortar stores.
The largest department store in the country shut down 40 of their stores in 2016, with plans to close up to 100 more by the end of 2017.
As the nation’s biggest retailer of sporting goods, it came as a shock when the company filed for bankruptcy in March 2016 and announced they were closing 140 of their 450 stores. Just a couple months later, they announced they’d be closing all of their stores. Dick’s eventually bought out their name.
Even the almighty Walmart isn’t immune to setbacks. Back in January, they announced that 269 stores would get the axe worldwide with an additional 154 in the U.S. alone. Walmart saw what was coming when they decided to move a large majority of their retail business online.
Kmart and Sears
Since it’s owned by the Sears Holding Corp., even poor Kmart is affected. It had even more of its stores shut down — 68 in comparison to 10 Sears locations.