According to Money Wise & Baller Alert, as many as 25,000 stores could shut down permanently by the end of 2020. Below is a list of stores that will be permanently closing this year!
GNC- Up to 1,200
Pier 1 Imports- 936 stores
Men’s Warehouse/ Jos A. Banks- 500 stores will be closing.
New York & Company- 405 of its stores will be closing.
Gamestop- At least 320 stores
Century 21- Closing all 13 of its stores
Stein Mart- Up to 280 of its stores.
Bed Bath & Beyond- Up to 260 stores
AT&T- 250 of its retail locations, including both AT&T Stores and Cricket Wireless shops. Labor union the Communications Workers of America says the closings will affect 1,300 store employees.
Victoria’s Secret- With sales declining, the company has announced that about a quarter of its more than 1,000 stores in the U.S. and Canada will be out of business by the end of the year.
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