According to reports, several big brands in the United States face hardships. The world has been going through many strange things in recent times. The going has not been easy for many businesses for a long time. Customers can now easily find what they need online as the internet world has overtaken the physical one. By clicking a button, you get things delivered to your doorstep. You do not even need to leave your home. This has spelled doom for many businesses, small and big, and some of the brands that have been severely affected might be your favorite ones.

Chipotle

Not our favorite Chipotle, please! The retail food business faced its downfall. Several of its outlets were closed. News organizations claim that because they can offer carryout and delivery, they would not be as negatively affected as certain chains. In the long term, Chipotle may benefit from adding a layer of technology and a dedicated delivery department to the company rather than depending on delivery services. For this chain, putting a strong emphasis on online ordering has worked well.

GNC

You will miss GNC if you enjoy stocking up on nutritional goods, vitamins, and diet supplements. While GNC attempted to retain consumers, it appears that online vitamin sellers are fostering greater competition in the industry, forcing GNC to make cuts. Due to the recent Chapter 11 bankruptcy filing, 800 to 1,200 outlets closed down in 2021 alone.

Kohl's

Of late, have you shockingly discovered that the doors remained securely closed while attempting to enter a Kohl's store? That is because the Coronavirus epidemic has forced them to close permanently, and it is uncertain if any of them will ever be able to reopen their doors. Sales were down by over 40% in the first quarter of 2021, and industry experts believe things will not improve soon.

McDonald's

As many gastronomes are choosing not to patronize fast-food eateries and are looking for healthier alternatives, the golden arches are not doing very well. In June 2021, McDonald's stated that they would be shutting 200 stores around the USA due to poor traffic, with outlets in urban areas and common areas like malls suffering the most. The fast-food mega-chain has struggled to keep up with the cost of adopting hundreds of health and sanitation elements to address the concerns of their long-term patrons following the pandemic.

Signet Jewelers

Even though you might not be aware of Signet Jewelers, they are the owners of companies like Zales, Kay Jewelers, Piercing Pagoda, and JB Robinson. Due to the 40% reduction in sales that Signet saw in the most recent times, which led the firm to suffer severe financial losses, it had to liquidate several of its assets. Around 150 stores shut down during the lockdown. Reports say another 150 will pull down their shutter this year. There is no information on whether they would open or not.

Office Max

Even if buying stationery you will probably never use is exciting, you could be making your final trip to your neighborhood Office Depot soon. This corporation has recently shuttered over 55 locations across the country, and by the end of 2022, they want to close another 90 outlets. It is due to the desire of Office Depot to concentrate more on business-to-business services than on average folks who enjoy staplers.

Macy's

We believe Macy's is legendary. Before we knew about their iconic Thanksgiving Day Parade, we saw the brand name appearing in some of the biggest movies and television series we have ever seen. Even though the corporation still maintains a large following of loyal customers, Macy's has had its share of difficulties over time. Numerous shopping centers around the nation are struggling to draw customers, which affects their sales. By the end of 2022, 125 shops will be closed, and more will follow.

GameStop

One of the biggest video game shops in the world, GameStop has a presence across the globe. Yet its density of physical locations has worked against them. To avoid having too many stores too close together, they stated that they would be working hard to de-densify their worldwide retail fleet in 2021. By 2022 alone, we can anticipate that GameStop would shut down slightly over 300 locations.

JCPenney

It is safe to say that JCPenney has established itself as a mainstay among all the super-malls throughout the country. This department shop used to be a public favorite, but recently they have had trouble because of all the competition, especially the online malls. There has been an official declaration from JCPenney that they liquidated 192 shops in 2021 and would do another 50 in 2022 after declaring bankruptcy earlier this year.

Walmart

How is it possible that this happened? Walmart, a major retailer, has indicated that it has experienced a negative impact and is on the verge of temporarily shutting several shops. Nobody would have thought the day would arrive when Walmart would have to close its doors, but it has.

Five Guys Burgers & Fries

Five Guys Burgers and Fries were forced to close outlets across the nation, particularly in smaller cities and rural areas, due to the pandemic, like many other victims. Five Guys had to give in to the delivery upheaval as takeaway among fast food companies has diminished, losing out on revenue to DoorDash, Uber Eats, and others.

Hooters

Hooters has successfully fended off criticism of its chain because of the quality of its wait staff. However, given the competitive market sports bars are in, it is difficult for them to maintain their position in all the locations where they were previously the only choice. They have had to shut down hundreds of stores because millennials are not as engaged in their kind of marketing.

Bed Bath & Beyond

Bed Bath & Beyond is the ideal retailer for people who like their home comforts. These shops often house everything you could need and are enormous. Bed Bath & Beyond shops never run out of customers. However, the management had to close up to 60 shops in 2021 to recuperate from some losses. If they consider this a wise choice, there could be more closures in the future.

CVS

CVS is one of the most well-known and easily accessible pharmacies. Following several closures in 2019, CVS will continue this pattern and close about 22 stores by the end of 2022. There is nothing much to worry though, as they still have 9,900 sites across the US. Many of them have expanded services owing to these other cuts.

Bath & Body Works

Cleaning supplies should be flying off the shelves given the current economy, but Bath & Body Works is proving that customers can acquire everything they need online. It intends to shut about 50 of its physical locations by 2022 because of decreased foot traffic. Due to their lower profitability compared to freestanding establishments, you may find most of these shops inside malls.

Cheesecake Factory

You, cheesecake lovers, we have bad news for you too! Cheesecake Factory will probably be the next to report the effects of recent events that led to the closure of many stores. The Cheesecake Factory restaurants, famous for their endless menu and variety of cheesecakes, have closed down a number of their stores. The time of reading that 50-page menu is passing.

PetSmart

Where can pet owners acquire the food, toys, grooming supplies, and other items needed to keep their animals healthy and content? They have amassed a substantial debt over the years, and because it will mature by the end of 2022, they could be making some significant decisions this year. You will most likely purchase these items online, and PetSmart Inc. is finding it tough to generate the same amount of revenue as it formerly did.

Walgreens

Walgreens is engaged in a business reduction exercise at the present moment. They announced in 2019 that they would start closing 200 of its locations in the United States, and that process is still happening. Those who may lose their neighborhood business might be disappointed. They appear to have been severely impacted by recent online pharmaceutical competition, and they are now unable to compete with the big players.

J. Crew

You have probably visited J. Crew before. However, it would not be surprising for us if you stopped going there recently. Although it was always light on the pockets, growing pricing caused the CEO to resign and drove many consumers to buy elsewhere. It had to declare bankruptcy during the coronavirus outbreak, and many of its locations might collapse this year.

Papyrus

Even though purchasing personalized greeting cards online has become simpler, some customers used to visit Papyrus to stock up on cards for occasions such as birthdays, engagements, condolences, etc. Fans of this business are regrettably unable to do this since Papyrus is currently shutting down its remaining few outlets after declaring bankruptcy last year.

Nordstrom

Nordstrom formerly took great satisfaction in being a department store that provided excellent customer service. At one point, the stores even included live piano performances. Unfortunately, even excellent customer service can probably not save the retail laggard. As a result, Nordstrom has chosen to close a handful of its locations. Only over 100 shops remain operational after 16 outlets faced shutdown in 2021.

Family Dollar

Discount retailers are ideal for people having no intention to overpay for their daily necessities. Family Dollar has been a part of our lives since 1959. This business has established over 8,000 sites over the years, yet those numbers appear to be declining. Family Dollar said in 2019 that it would shut down about 400 locations.

Pier 1 Imports

The present economic situation has had a detrimental impact on the company. Though it had intended to weather this adversity, they have now filed for bankruptcy. Early in 2021, they declared they would have to close nearly half their 900 outlets. However, the situation for the firm has since become worse. All shops will soon close down. You will have to look for other options to get your perfumed candles and silk pillows.

Kmart

Kmart has had 2,500 outlets worldwide since its inception in 1994. However, everything fell apart when it filed for bankruptcy in 2002. During this period, they lost hundreds of stores, although the merger of Kmart and Sears provided some relief. That glow has already dimmed since Kmart is having new problems. In 2019, they shut down several businesses, and Kmart would not stop anytime soon.

GAP

Although GAP and Kanye West have recently formed a new relationship, it appears that this is merely a last-ditch effort to salvage their company. It is a result of the significant sales decline this clothing company has experienced over time. GAP plans to shut up to 230 locations due to this new trend. They shuttered approximately 100 of those businesses in 2020. So, they are moving closer to their objective.

Bloomingdale's

The brand has been a mainstay in American retail culture for decades, whether you have ever shopped there or know it as where Rachel Green used to work. The business was established in 1861 when the first location opened in The Falls Mall, Florida. Now that the company has decided to close its flagship location, the popularity and foot traffic are no longer there.

Tuesday Morning

This company is known for offering clients some hefty discounts. While this is excellent for consumers searching for a deal, it is not so great for a business having poor profit margins in a down economy. Tuesday Morning had to reconsider its business strategy and take some losses. In addition to declaring bankruptcy, it had to shut 232 of its 700 locations in 2021.

Sears

When Sears was once the biggest store in the country, most Americans had something in their homes that they had bought there. However, due to declining revenues in recent years, the business was forced to declare bankruptcy in 2019. By the end of 2021, only a few outlets remained operational. The situation has not improved for them in recent months.

99 Cents Only

As implied by the name, 99 Cents Only is a shop where everyone may find items at reasonable costs. However, they have experienced significant losses over the previous few years due to low-profit margins and intense competition from other stores and online merchants. Although the businesses changed hands in 2011, it appears they are still having trouble and may be thinking of closing even more outlets shortly.

Art Van Furniture

You may be acquainted with Art Van Furniture stores if you reside in the Midwest. Although many locals adore these shops and the furniture it offers, the going has not been easy for this business recently. They have been so challenging that Art Van Furniture had to declare bankruptcy. The company now aims to shut down every store in all eight states.

Fred's Pharmacy

You no longer need to look far to find the necessities of life. Customers of Amazon may get these things delivered the following day or perhaps only a few hours later. Therefore, pharmacies like Fred's have found themselves in serious trouble. This business, struggling to turn a profit in recent years, was forced to file for Chapter 11 bankruptcy in September 2019. Presumably, it will have to shut down all of its locations.

Guitar Center

Despite being in operation for over 50 years, this guitar store has had difficulty retaining its reputation. Since sales have fallen off a cliff for the past ten years, Guitar Center has even had to request emergency loans to stay alive. It may soon have to start shutting its outlets as it is probably around $1 billion in debt.

Neiman Marcus

Neiman Marcus most likely has what you need if you are seeking luxury. But it appears that fewer and fewer customers are choosing to go to these stores. It is having a significant impact on their financial situation. The business had to declare bankruptcy in May 2021 since it was not possible to disregard its debts anymore. They might have to shut about 22 outlets in 2021 to help them pay off their debts and get back on track.

Hallmark

When was the last time you visited a Hallmark store and sent a card to a relative or friend? Hallmark has had trouble over the years since there are many alternative methods to let your loved ones know you are thinking of them. They are not getting the same amount of traffic as they once did. The Hallmark management has planned to close at least 18 outlets in 2021.

Bose

You can find Bose stores in North America, Japan, Australia, and Europe. They have all been successful in the past 20 years. Bose is known for offering some of the best speakers and headphones that the world has to offer. Bose no longer needs to have storefronts as times have changed. They intend to close all 50 of their storefronts in the US because they want their consumers to purchase their items online.

AT&T

The name of this communications company is well-known in the country, and many individuals sign up for AT&T plans every year. But how many of you enter one of their stores to carry out this action? It is no longer financially viable for the corporation to operate physical storefronts as demand for its services increases online. They will consequently close all 250 of their stores.

Olympia Sports

If you are athletic and enjoy staying in shape, purchasing sporting items online is a good option. However, Olympia Sports is in a bind because of that purchasing decision. The business ran into problems in 2019 but got a lifeline when JackRabbit purchased about half of the Olympia Sports outlets, with the remaining half closing down.

Modell's Sporting Goods

There is no chance that you are unfamiliar with this store if you are a native of New York City. However, other cities on the East Coast also have one of these establishments. Modell's will be shutting every shop over the next few months after declaring bankruptcy earlier this year. If you were a customer, you might want to purchase something at a discounted price.

Lands' End

People familiar with the corporate background of the company will know that it was a subsidiary of the Sears Holdings brand. Even though Lands' End is not under the Sean Holdings umbrella anymore, the impacts are there. According to reports, the company may also have to close some storefronts. In 2019, the company announced that it would be closing all of its store-within-store branches found in Sears.

Wilsons Leather

Even if you have never purchased anything from Wilsons Leather, you already know that this store offers consumers high-quality leather products. The parent firm G-III Apparel Group, which also includes brands including Calvin Klein, Karl Lagerfeld, DKNY, and Tommy Hilfiger, is the owner of Wilsons Leather. The final 110 locations will shut down this year because the management has decided to focus all their financial and other resources on these companies.

The Children's Place

The Children's Place has been immensely famous among parents over the years since it specializes in offering inexpensive clothing for kids. However, recent sales have not been as strong as they had hoped. It has had a significant negative impact on the shop. Since they have discovered that their physical storefronts do not generate enough profit, they are willing to shut 200 stores in 2021. However, you may still shop online.

Forever 21

Customers have been drawn to Forever 21 stores over the years because of their quick, in-style clothing that is also quite reasonable. But more and more people are beginning to wonder how inexpensive their clothes are and what impact it has on the environment. Forever 21 was left with several issues as a result, including having to declare bankruptcy. The remaining few hundred US stores will close this year after they started shutting them in 2019.

Chico's

It is safe to say that this firm, which takes pleasure in offering stylish apparel for the more mature lady, has established itself as a mainstay for many women throughout the country. Despite having more than 1,400 locations across the US and Canada in the past, it appears that Chico's is beginning to rely more on the internet. In addition to working with companies like Amazon to sell their products, they also intend to close about 250 stores.

Vitamin Shoppe

It seems everyone wants to stay on top of their vitamin and mineral intake these days. Although more people are shopping online, Vitamin Shoppe is not benefiting from this trend. Due to this shift in the market, their physical stores are faltering, and while they are increasing their online presence to avoid disappearing, they may have to close some of their physical locations.

Abercrombie & Fitch

Abercrombie & Fitch is well-known for its appealing employees, the aroma of the store, and how gloomy the inside is. Although they have served many consumers over the years, they have been having trouble keeping up their revenues recently. Abercrombie & Fitch tried to alter their target market due to competition, but they had to close about 40 locations last year. In 2021, they will shut down even more.

Claire's

The jewelry and accessory store Claire's is well known for its vibrant colors and daring merchandise. So, you have probably visited it or brought your kids with you. The owners examined the finances in 2018 and had to file for bankruptcy. It resulted in them having to close a number of their stores. Industry experts anticipate that the management will announce even more closures in 2021.

Payless

Payless was forced to file for bankruptcy and shut its locations in the US and Canada in 2019 and early 2021. The loss of this beloved bargain footwear company was devastating, and many people expressed their disappointment due to the closure of the final location this year. Payless has recently redesigned its website, and people anticipate it will be able to survive for many years to come by concentrating on its e-commerce.

Mattress Firm

Mattress Firm has seen varying levels of success as a result of the fact that most consumers prefer to try mattresses out in person. That could not stop it from declaring bankruptcy under Chapter 11 and shuttering several locations in 2017, though. Mattress Firm has stated that although they have subsequently emerged from bankruptcy, they have failed to pay their rent until April 2021, which may force them to liquidate other locations.

Victoria's Secret

Even though this business has grown to be quite well-known over the years, it has recently had problems with its reputation. Because of the criticism they have received for endorsing unrealistic beauty standards, Victoria's Secret has found it difficult to sustain its success and has instead accrued significant debt. They intend to shutter about 250 outlets worldwide in 2021, with many more later.

Henri Bendel

Over the years, Henri Bendel has been a go-to for the wealthy thanks to its iconic black and white striped boxes and high-end goods. However, when you cater to such a limited clientele, issues arise. It prompted Henri Bendel to decide they would need to make significant cutbacks. By the time 2019 rolled around, the remaining 23 businesses had to shut their doors.

Tesla

Tesla is a sizable business with several technical endeavors under its belt. They have several vehicle showrooms across the globe, but it appears they are now trying something new. Tesla now aspires to free itself from this additional load and provide its customers the option to purchase their vehicles online.

Dressbarn

After establishing itself in 1962, Dressbarn quickly gained popularity among working women. But as the years passed, sales started to decline, and they were powerless to stop the amount of accumulating debt. Ultimately, Dressbarn decided to shut down all 650 of its locations before the start of 2021. There are no longer any Dressbarn stores throughout the nation. However, you may still shop online.

Gymboree

Gymboree clothing is still available online. However, there are no longer any physical locations. The corporation filed for Chapter 11 bankruptcy in 2019 due to years of financial difficulty. They began selling their businesses and shutting around 900 sites across the country as part of this agreement. In late 2019 and early 2021, all of their stores shut down.

Bebe

Because they are all closed, you might wonder why you have not noticed a Bebe store in a while. They shut down a year ago, and despite the hopes of many that they would be able to reopen their physical locations, that has not happened. After a management breakdown, the business could not make enough money to stay afloat. Therefore, Bebe decided to shut down all its shops in 2017 and focus only on selling online.

Nine West

You might have just made an online purchase from Nine West, but the fashion company shut down all of its physical locations in late 2018 after declaring bankruptcy due to mounting debt. Although they have maintained their online sales, it appears they are still having trouble in the cutthroat industry. It is trying to separate itself from the crowd because many businesses sell similar things.

Destination Maternity

Destination Maternity, which focuses on all varieties of maternity clothes, has long been a popular destination. Moms may now purchase the same things online easily, despite their busy schedules. Destination Maternity declared bankruptcy in October 2019, and the management is currently shutting its final 183 outlets.