2014 US Retail Industry Chain Store Closings explained by professional Forex trading experts the “ForexSQ” FX trading team.
2014 US Retail Industry Chain Store Closings
RELATED: 2014 Radically Extended Closing Times for Christmas Shoppers >>
At the start of 2014, news of store closings by the largest U.S. retail industry chainsaccelerated not because the U.S. retail industry as a whole is in crisis, but because certain retail chains, in particular, have found it difficult or impossible to compete in a fast-moving, ultra-competitive global retailing environment. The roundup of retailers closing underperforming locations or going bankrupt in 2014 is small compared to the past, but it is not insignificant to the future of U.S. retailing.
See also: Roundup of 2015 Store Closings Announcements >>
Many experts believe that 2014 retail store closings are still due in large part to the overgrowth of the U.S. retail industry even before the U.S. Great Recession occurred. According to the 2007 Economic Census, there were 1,122,703 retail establishments in the United States and a total of 14.2 billion square feet of retail space. That means that there are approximately 46.6 square feet of retail space per capita in the U.S., compared to two square feet per capita in India, 1.5 square feet per capita in Mexico, 23 square feet per capita in the United Kingdom, 13 square feet per capita in Canada, and 6.5 square feet per capita in Australia.
With the explosive growth of Internet and mobile shopping, the oversaturation of physical retail locations operated by the largest U.S. retail chains becomes even more obvious. Downsizing the size of physical retail stores and the number of retail stores is a significant trend in U.S. retailing and it is a trend that will undoubtedly continue throughout 2014 and beyond.
U.S. consumers are, in a sense, in charge of physical store closings. With their online and mobile shopping behaviors, U.S. consumers are casting their vote for which retail store experiences have value and which ones can be easily replaced by their own Internet and mobile counterparts. In response to these strong consumer preference shifts, many large, medium, and small retail chains will be closing physical retail store locations in 2014 because they can’t justify the dwindling sales per square footage results they produce.
The era of if-you-build-it-they-will-come retailing seems to have ended for the U.S. retail industry.
What follows is a complete, updated, and ongoing list of U.S. retail chains that are closing underperforming retail locations, downsizing, or going out of business in the 2014 calendar year.
See also:
- Compare to 2013 Retail Store Closings
- 2014 Store Openings
- Largest U.S. Retail Chains
NEWS: Extreme Late Closing Times for 2014 Christmas Shoppers >>
What follows is a complete roundup of U.S. retail chains that are closing underperforming stores, downsizing, filing bankruptcy, or going out of business in the 2014 calendar year. Information for this 2014 Store Closing List was obtained from reports made available to the general public through news reports, corporate documents, and company press releases.
UPDATE: All 2015 Store Closings List >>
This 2014 U.S. Retail Store Closings list is arranged numerically according to the number of store closings. The number in the left column is the total number of stores that have been designated for closing in 2014. This list will be updated continuously throughout 2014 as more information about U.S. retail chain store closings domestically and internationally becomes available The latest additions are indicated with bold lettering. This list was last updated on December 12, 2014.
Complete List of U.S. Retailers Closing Stores, Going, Bankrupt, and Going Out of Business in 2014:
400 Office Depot/Max (by 2016)
370 Family Dollar
365 Coldwater Creek (bankruptcy)
360 Dots (bankruptcy)
339 Sears
300 Blockbuster (bankruptcy)
170 Staples
223 Barnes & Noble (through 2023)
200 Radio Shack (through 2017)
198 ALCO (bankruptcy)
180 Abercrombie & Fitch (by 2015)
175 Aeropostale (“over the next several years”)
170 Jones Group (by mid-2014 )
155 Sbarro
150 American Eagle Outfitters (through 2017)
150 Kmart
150 Office Depot (2014)
150 Rent-A-Center
145 Brown Shoes / Famous Footwear
128 GameStop
125 Children’s Place
125 P.S. from Aeropostale
100 Advance Auto
100 Crocs
91 Blockbuster (UK)
80 Wolverine World Wide (2015 – Strike Rite & Keds)
75 Aeropostale
70 Gamestop (Spain)
76 EE
76 Walgreens
75 7-Eleven
74 McDonald’s (Japan)
73 Liquidation World (Big Lots Canada)
70 Coach (fiscal 2015)
70 Juicy Couture
65 Fastenal
63 Build-A-Bear (through 2014)
63 Pep Boys (“in the coming years”)
60 Aaron’s
60 Crumbs Bake Shop
60 Wolverine World Wide (Stride Rite and Keds)
56 Naartjie Kids
55 Sprint
55 Staples (2015)
54 Destination Maternity
54 Golf Galaxy (by 2016)
50 Express (through 2015)
50 Guess (through 2015)
50 Kitchen Collection
48 Wet Seal
42 Edwin Watts Golf
42 Fresh & Green’s
39 Loehman’s
35 Sears Auto Centers
33 Archiver’s
33 JCPenney
26 Albertson’s
26 Wet Seal
25 Build-A-Bear (through 2015)
25 Papa John’s
25 Yankee One Dollar Stores
23 Winn-Dixie
22 Homemade Pizza Co.
20 Barnes & Noble
20 Delhaize
20 Gilly Hicks
20 Pick ’n Save (by 2017)
20 SONY
17 Cato
17 Christopher & Banks
16 2b (bebe)
15 Office Depot
13 Mill Stores Furniture Outlet
12 Peet’s Coffee & Tea
12 Target
11 American TV & Appliance
10 Ann Taylor
10 Rite Aid
9 Rainbow’s Supermarkets
8 Long John Silver’s
8 Seattle’s Best Coffee
7 Noni B
7 OfficeMax
6 Arby’s
6 Cord Camera
6 Denny’s
6 Honk’s $1.00
5 Bi-Lo
5 Macy’s
5 Mattress Source
4 Jack in the Box
4 Len Druskin
4 Meat House
4 Sprint Gas Stations
3 Ace Hardware
3 ACO Hardware
3 Books-A-Million
3 Carls Furniture
3 Champps Americana
3 Shoe Carnival
3 Williams-Sonoma
2 Arden B
2 Best Buy
2 Book World
2 Design Spree
2 Dickey’s Barbecue Pit
2 Dillons Grocery Stores
2 Finger Furniture
2 Finish Line
2 Fresh Pride
2 Gediman’s
2 Haverty’s
2 JMR Chalk Garden
2 Kroger
2 Lolabella Boutique
2 My Favorite Toy Store
2 Nordstrom
2 P2 by Pink Pump
2 Pappoule’s Greek Restaurant
2 Piggly Wiggly
2 Powell’s Books
2 Rainbow Foods
2 Safeway
2 Savers Thrift Store
2 Weis Markets
NEWS: Do Drastically Late Closing Times Reveal Drastically Desperate Retail Chains? >>
Walmart, JCPenney, Toys ‘R Us, and Sears are just a few of the largest U.S. retail chains that have announced intentions to close underperforming physical retail stores in the U.S. and around the world int he 2014 calendar year. What follows here is a continuation of the Complete List of 2014 U.S. Retail Store Closings. This list is arranged according to the number of store closings that are planned for 2014 by each retailer. Click the links to get more new and information about each retail chain.
Complete List of U.S. Retail Store Closings in 2014 (continued):
1 Abercrombie Kids
1 Aerie
1 Barnes & Noble College Bookstore
1 Bed Bath & Beyond
1 Bedroom Expressions
1 Belk
1 Big 5
1 Big Lots
1 Bon-Ton
1 Broyhill Home Collections
1 California Pizza Kitchen
1 Carter’s
1 Cost Plus World Market
1 Denver Mattress
1 East of England Co-op
1 Eddie Bauer
1 Family Christian Stores
1 Food Lion
1 Food Fast Convenience Store
1 Graeter’s
1 Gulf
1 Haggen Food & Pharmacy
1 Hallmark
1 Hubbell & Hudson
1 Hush Puppies
1 JC’s 5 Star Outlet
1 Life Is Good
1 Lids Locker Room
1 Old Navy
1 Risky Business
1 Sunoco
1 Tractor Supply Company
>> Related: All 2014 Retail Store Openings Complete Roundup >>
UPDATE: Extreme Late Closing Times and Extreme Christmas Retailing Strategies >>
In 2014, as in every calendar year, U.S. retail industry leaders, investors, analysts, and experts look at U.S. retail industry downsizing and store closing roundup numbers for clues about the overall health of the U.S. economy. When U.S. based retail chains close domestic or international physical retail store locations, retail industry, and economic experts work to sort out whether the store closings are due to the failings of the individual retail chain and its leaders, or whether the store closings are a result of overall downturn in retail consumption that is likely to continue.
What follows is a complete list of U.S. retail store closings, and downsizings of the largest U.S. retail chains both domestically and internationally that are scheduled to happen in the 2014 calendar year. This list is arranged alphabetically, according to the name of the retail chain. The latest store closing additions are indicated with bold lettering.The store closings on this roundup list were last updated on December 12, 2014.
All 2014 U.S. Retail Industry Store Closings – Complete Alphabetized Company Listing of Store Closings:
16 2b (bebe)
75 7-Eleven
60 Aaron’s
180 Abercrombie & Fitch (by 2015)
1 Abercrombie Kids
3 Ace Hardware
3 ACO Hardware
100 Advance Auto
1 Aerie
6 AG Supply
10 Ann Taylor
33 Archiver’s
175 Aeropostale (“over the next several years”)
75 Aeropostale (2014)
26 Albertson’s
198 ALCO (bankruptcy)
150 American Eagle Outfitters (through 2017)
11 American TV & Appliance
6 Arby’s
2 Arden B
1 Babies ‘R Us
223 Barnes & Noble (through 2023)
1 Barnes & Noble College Bookstore
1 Bed, Bath & Beyond
1 Bedroom Expressions
1 Belk
1 Bella’s Market
2 Best Buy
1 Big 5
1 Big Lots
5 Bi-Lo
300 Blockbuster
91 Blockbuster (UK)
1 Bon-Ton
2 Book World
3 Books-A-Million
15 Bridgestone
145 Brown Shoes / Famous Footwear
1 Broyhill Home Collections
63 Build-A-Bear (through 2014)
25 Build-A-Bear (through 2015)
1 California Pizza Kitchen
3 Carl’s Furniture
1 Carter’s
17 Cato
3 Champps Americana
125 Children’s Place
17 Christopher & Banks
70 Coach
365 Coldwater Creek
6 Cord Camera
1 Cost Plus World Market
100 Crocs
60 Crumbs Bake Shop
2014 NEWS UPDATE: Latest Extended Closing Times in U.S. Retail History >>
This is a complete list of the domestic and international store closings that are planned by the largest U.S.-based retail chains in the 2014 calendar year. Family Dollar, Big Lots, Walmart, and JC Penney are just some of the retail chains that have announced the intention to close underperforming and unprofitable stores both domestically and internationally in the 12 months of 2014. Get an overall view and compare the store closing plans of all the largest U.S. retail chains here.
This 2014 U.S. Domestic and International Store Closings list is arranged alphabetically, according to the name of the retail chain. The number in the left column indicates the total number of store closings that will happen in 2014, as confirmed by officials from each retail chain. This list will be updated frequently throughout 2014 as more store closing information and numbers are announced and confirmed. The latest additions to the Store Closing List are indicated with bold lettering.
All 2014 U.S. Retail Industry Store Closings – Complete Alphabetical Company Listing of Store Closings (continued):
20 Delhaize
6 Denny’s
2 Design Spree
54 Destination Maternity
2 Dickey’s Barbecue Pit
2 Dillons Grocery Stores
360 Dots
1 East of England Co-op
1 Eddie Bauer
42 Edwin Watts Golf
76 EE
50 Express (through 2017)
1 Family Christian Stores
370 Family Dollar
4 Family Fare
65 Fastenal
2 Finger Furniture
2 Finish Line
1 Food Fast Convenience Store
1 Food Lion
42 Fresh & Green’s
4 Fresh Market
2 Fresh Pride
128 GameStop
70 Gamestop (Spain)
2 Gediman’s
20 Gilly Hicks
54 Golf Galaxy (by 2016)
2 Gourmet Heaven
1 Graeter’s
50 Guess (through 2015)
1 Gulf
1 Haggen Food & Pharmacy
1 Hallmark
2 Haverty’s
22 Homemade Pizza Co.
6 Honk’s $1.00
1 Hubbell & Hudson
1 Hubbell & Hudson
1 Hush Puppies
4 Jack in the Box
33 JCPenney
1 JC’s 5 Star Outlet
2 JMR Chalk Garden
170 Jones Group (by mid-2014 )
70 Juicy Couture
1 Kim’s Video & Music
50 Kitchen Collection
150 Kmart
1 Knecht Home Center
2 Kroger
4 Len Druskin
1 Lids Locker Room
1 Life Is Good
73 Liquidation World (Big Lots Canada)
39 Loehman’s
2 Lolabella Boutique
8 Long John Silver’s
4 Lowe’s Foods
7 Macy’s
5 Mattress Source
1 Max Club (Wal-Mart)
74 McDonald’s (Japan)
4 McDonald’s (Moscow)
4 Meat House
13 Mill Stores Furniture Outlet
2 My Favorite Toy Store
56 Naartjie Kids
7 Noni B
2 Nordstrom
1 Oak Express
400 Office Depot/Max (by 2016)
150 Office Depot (2014)
1 Old Navy
2 P2 by Pink Pump
25 Papa John’s
2 Pappoule’s Greek Restaurant
12 Peet’s Coffee & Tea
63 Pep Boys (“in the coming years”)
20 Pick ’n Save (by 2017)
2 Piggly Wiggly
1 Pottery Barn
1 Pottery Barn Kids
2 Powell’s Books
8 Price Busters
125 P.S. from Aeropostale
200 Radio Shack (through 2017)
2 Rainbow Foods
9 Rainbow’s Supermarkets
1 Ralph’s
150 Rent-A-Center
1 Risky Business
10 Rite Aid
1 Ross Dress For Less
2 Rustic Hutch
2 Safeway
2 Savers Thrift Store
155 Sbarro
339 Sears
35 Sears Auto Centers
8 Seattle’s Best Coffee
1 Shaw’s
3 Shoe Carnival
1 Shopko
4 Sprint Gas Stations
3 Stein Mart
1 Stop & Shop
1 Sofa Mart
20 SONY
55 Sprint
170 Staples
55 Staples (2015)
1 Sunoco
1 Talbots Clearance Outlet
12 Target
2 Thomasville Home Furnishings
1 Tom Thumb (Safeway)
1 TOP Food & Pharmacy
1 Toys ‘R Us
1 Tractor Supply Company
1 Tuesday Morning
1 Tumi
76 Walgreens
1 Wal-Mart
1 Wawa
2 Weis Markets
48 Wet Seal
1 WH Smith Books
3 Williams-Sonoma
23 Winn-Dixie
60 Wolverine World Wide (Stride Rite and Keds)
80 Wolverine World Wide (2015 – Strike Rite & Keds)
1 Yankee Candle
More About the U.S. Retail Industry in 2014:
- 2014 Store Openings Roundup
- Roundup of Sales Results for the 2013 Holiday Shopping Season
- Largest U.S. Retail Chains
2014 US Retail Industry Chain Store Closings Conclusion
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