The decision to close the locations was made after the company said it became too difficult “to operate and compete on a national level.”. While many of its stores will close, more than 300 will remain open for now. Le Tote says it is “still entertaining various opportunities” when it comes to finding a buyer. Carter’s is a clothing store focusing on infant and young children apparel. Art Van Furniture was a furniture retailer operating in the Midwest under brands Art Van Furniture, Art Van PureSleep and Scott Shuptrine Interiors. In August 2020, Le Tote, the parent company of Lord & Taylor, filed for Chapter 11 bankruptcy protection to restructure its finances and find a buyer. Its parent company, Inditex, announced in June 2020 that it would be closing up to 1,200 stores in the next two years. Sur La Table is a high-end kitchenware retailer known for in-store cooking classes. In September 2020, the company announced it would not go on sale at bankruptcy auction, instead accepting a sale to Harbin Pharmaceutical Group, which will require court approval. Gap is not going out of business. In May 2020, Walmart announced that it would be shutting down Jet.com. While Kmart is still in business, it currently only has 34 locations, down from the thousands of stores it had across North America. Clarks is a footwear retailer and shoe brand. The retailer currently operates 690 stores. Art Van Furniture closed its corporate-owned stores in … In August 2020, Retail Ecommerce Ventures, an investment firm with an e-commerce focus, acquired Modell’s intellectual property and e-commerce assets. As Etsy proudly boasts, “Our platform connects [sellers] with millions of buyers looking for an alternative — something special with a human touch, for those moments in life that deserve imagination.” Godiva chocolates will continue to be available through their website and wholesale. In October 2020, the company announced that Pier 1 had re-launched as an online only retailer, Pier1.com. In March 2020, in response to the pandemic, the retailer temporarily closed 800 of its stores. In May 2020, the department store announced that it would be permanently closing 16 of its 378 Nordstrom stores as well three Jefferey’s Boutiques. The brand has over 1,500 locations worldwide. In June 2020, the wireless carrier announced that it would be permanently closing 250 AT&T Mobility and Cricket Wireless stores in the U.S as part of a cost-saving strategy, shifting emphasis to e-commerce. In November 2020, Furniture Factory Outlet announced they were filing Chapter 11 bankruptcy protection. In September 2020, the video game retailer announced it would be permanently closing 400 to 450 stores globally during this fiscal year. Despite the decrease in brick-and-mortar sales, the retailer saw its online sales increase by almost 11%, causing it to realign its focus to e-commerce orders. 01:15. The bankruptcy was canceled in December 2020 when the store was acquired by Marquee Brands, who announced they would be shifting to online sales. Its store brands include AT&T Mobility and Cricket Wireless. Chico’s is not going out of business. If it has seemed like going-out-of-business sales are around every corner, there's a startling reason: Forever 21, Walgreens, Dressbarn, GameStop, Gap and other chains shut down more than 9,300 stores in 2019 — making it the biggest year ever for store closings. GNC is a vitamin and dietary supplement company. After nearly 200 years in business, Lord & Taylor announced Thursday it will permanently close all of its stores. It announced that it would permanently close all 141 of its stores once going-out-of-business sales were completed and all assets were liquidated. The retailer operates over 1,300 stores in the U.S. and Canada and announced that it would be permanently closing 250 stores over the next three years. J.Crew filed for Chapter 11 bankruptcy in May 2020 in order to remain in operations and restructure its debt. Stages Stores brands include Stage, Goody’s, Palais Royal, Bealls, Peebles and Gordmans. The clothing store currently offers sales through their website but will provide in-store pickup and curbside pickup at some locations, as well as instore sales by appointment. Cygnet Shops – women's fashion store that closed in 1975; DEB – closed its stores in 2015, and returned later that year as an online-only retailer selling plus-size clothing The retailer also announced that they would be permanently closing most of their stores and will start going-out-of-business sales. The company boasts direct relationships with some of the biggest retailers in the US, including Amazon, Best Buy, GameStop, Lowe's, Macy's, OfficeMax, Walmart, Seats, and JC Penney. TORONTO -- Home decor chain Pier 1, Carlton Cards and Forever 21 are simply the latest in a growing list of retailers closing their doors in Canada or filing for bankruptcy. Guitar Center is a musical instrument and accessories retailer. Destination Maternity is a maternity clothing store. The retailer operates over 200 stores in the U.S. Coldwater Creek is a clothing retailer specializing in women’s fashion and accessories. When you buy through links on our site, we may earn an affiliate commission. If your local store isn’t holding a going-out-of-business sale, you can also find items as cheap as $2 online. NEW YORK - With Century 21 department stores going out of business, shoppers are looking to get their hands on some good deals. That means going-out-of-business sales show no sign of fading anytime soon. In January 2021, Christopher & Banks filed for Chapter 11 bankruptcy protection and will permanently close all of its store locations. Nordstrom is an upscale department store chain. Likes its Sears counterpart, Kmart has not been immune to store closure as it has announced that 45 locations will close in 2020. As Kmart stores have pharmacies and sell groceries, the stores did not close during the pandemic. Even after these projected store closing, the chain operates over 5,000 stores worldwide. In May 2020, the department store chain filed for Chapter 11 bankruptcy protection. Furniture Factory Outlet is home goods retailer with stores located primarily in the central United States. In May 2020, Tuesday Morning announced it would be filing Chapter 11 bankruptcy and planned to close 230 stores this summer (out of its current roster of 687 stores nationwide). 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