Payless Closing All U.S. Stores

Macy’s, Payless, Gap: Stores closures so far this year surpass all of 2018

The number of stores already set to close in 2019 has surpassed the total count for all of 2018.

In the fifteenth week of the year, 5,994 stores in the United States have been set to close, surpassing the 5,864 closed in all of 2018.

Among the biggest contributors is Payless ShoeSource with a planned 2,100 closings, followed by nearly 750 Gymboree, 500 Charlotte Russe, 400 Ascena Retail and 390 Family Dollar stores, according to Coresight Research.

Here’s a running list of major stores that are set to close in 2019:

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1. JCPenney

JCPenney is planning to close 27 stores this year, including 18 full-line department stores and nine home and furniture stores. Dayton-area stores stayed off the list, but analysts have said shoppers should expect more JCPenney stores to close.

2. Victoria’s Secret

Victoria’s Secret will also close 53 stores after a disappointing holiday quarter. The company has struggled to adapt to changing consumer preferences in both merchandise and branding, leading customers to shop at other emerging lingerie and sleepwear brands.

3. Macy’s

Macy’s has set at least nine stores to close this year.

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4. Sears

Sears recently learned that it would survive at a fraction of the footprint it once was when a bankruptcy judge approved CEO Eddie Lampert’s bid to buy the company. But that wasn’t before every Miami Valley Sears got the ax.

Stores at the Dayton Mall and Mall at Fairfield Commons closed late last year, the Piqua store closed last month and the Springfield location is set to shutter later this month.

5. Payless ShoeSource

In a bankruptcy filing, Payless ShoeSource will close all 2,100 U.S. stores. Brookville city officials have also said that the distribution center in Brookville that employs roughly 500 people will also close, but the company has declined to comment on the warehouse.

Liquidation sales are happening at Payless now, with most stores expected to remain open through March and many through May.

6. Gymboree and Crazy 8

All Gymboree and Crazy 8 branded stores from Gymboree Group Inc. were set to close when the company filed for its second bankruptcy in January.

There are Gymboree stores at The Greene Town Center and several in the Cincinnati and Columbus regions. Crazy 8 has stores in the Mall at Fairfield Commons and Dayton Mall, which will both close this week.

Gymboree’s third brand, Janie and Jack, will continue operating as stand alone stores after Gap bought the company in bankruptcy court.

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7. Gap

Gap is closing stores, too. The company announced earlier this month that it would close 230 namesake stores and split from Old Navy. Both brands will now be operated as separate publicly traded companies.

8. Saks Off 5th

Hudson Bay company plans to shutter 20 of the 133 Saks Off 5th stores. The list is not public yet, but there is a store in Cincinnati that could potentially close.

9. Things Remembered

Things remembered nearly escaped closing all stores when Enesco, a giftware, home decor and accessory company, agreed to buy the chain. Enesco dedicated to continuing a portfolio of physical stores and online sales, but still 422 Things Remembered stores are expected to close.

It is unclear at this time whether Things Remembered stores at the Dayton Mall and Mall at Farifield Commons will be saved.

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10. Charlotte Russe

Charlotte Russe is in the process of liquidating all 500 of its stores, which are set to close later this week. The company filed for bankruptcy earlier this year and started liquidation sales March 7 after it was unable to find a buyers.

The store at the Dayton Mall will close Tuesday and the store at the Mall at Fairfield Commons will close later this week.

11. Ascena Retail

Ascena Retail announced today that it has sold majoirty stake in its Maurices line. The company previously announced that profit levels at its value unit, including Maurices and Dress Barn, was unnacceptable. A Maurices store at the Dayton Mall closed early this year.

About 400 Ascena Retail stores, which includes Dress Barn, Maurices, Justice, Lane Bryant, Caherines, Ann Taylor, Loft and Lou & Gray, will close.

12. Family Dollar

Nearly 400 Family Dollar stores will shut down as parent Dollar Tree Inc. attempts to turn the brand around.

The company announced earlier this month that it will close as many as 390 Family Dollar stores and rebrand another 200 as Dollar Tree.

A spokeswoman told the Dayton Daily News a list of stores has not been released yet.

»RELATED: 4 area mall stores closing this week

13. GNC

GNC will close 233 stores this year, according to CoreSight.

14. Shopko

Shopko doesn’t have any local stores, but the Wisconsin-based company is contributing more than 370 closings to the overall 2019 list. The company filed for bankruptcy early this year with plans to close more than 100 stores and added the rest of its fleet to the list after being unable to secure a buyer.

15. Pat Catan’s

Michaels announced plans to close all of its Pat Catan’s craft and floral stores in January. Springfield has a Pat Catan’s store. The stores are expected to shutter later this year.

15. Destination Maternity

Destination Maternity has said it will close between 42 and 67 stores this year.

16. Signet Jewelers

The owner of Kay Jewelers, Jared, Zales and other jewelry chaings announced recently that it plans to close about 150 stores. A company spokesman declined to give a list to the Dayton Daily News.


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