The retail apocalypse has come to town.
Several retailers have already announced store closures or have filed for bankruptcy in 2018, impacting communities across Ohio. Here’s what we know about the impact now:
1. SAM’S CLUB
Sam's Club store locations are reportedly closing across the nation, including some in Ohio. Two Sam's Club stores in Cincinnati have permanently closed without notice, WCPO reports. No stores were impacted in the Dayton region. Read the full story here.
Bon-Ton Stores Inc., parent company of Elder-Beerman, is starting going-out-of-business sales at some of its store this week. Only one store in Ohio will shut down. Elder-Beerman at the Northtowne Mall in Defiance was named as one of the impacted stores. No Elder-Beerman stores in the Dayton region are impacted by this round of store closures. The stores are expected to close in early 2018. Read more about a Bon-Ton distribution center likely to close in Fairborn.
Local mall owner: Retail industry is ‘volatile, evolving’ https://t.co/qq90QpeLm8 @WHIORadio— Kara Driscoll (@KaraDDriscoll) February 26, 2018
3. TOYS ‘R’ US
The nation's largest toy store retailer received court approval to move forward with its plans to shutter approximately 180 stores across its Toys "R" Us and Babies "R" Us stores nationwide. Liquidation sales at some of the locations started on Wednesday. The Babies "R" Us location at 2661 Miamisburg-Centerville Road in Dayton is one of four Toys "R" Us and Babies "R" Us stores in Ohio that are set to close. The other three Ohio locations to be shuttered are in Dublin, Mentor and Western Hills near Cincinnati. Read more about local store closing.
Sears Holdings, which owns Kmart and Sears stores, informed associates that another 45 Kmart stores and 18 Sears stores wouls close in late January. Five Kmart locations in Ohio were identified as impacted stores. No Sears locations in Ohio were impacted by this round of closures. Sears Holdings already closed more than 350 stores in 2017. Read more about the shuttering of the stores.
Macy's has identified 68 locations that will close in early 2017, including three stores in Ohio. Macy's will close locations in Columbus, Sandusky and Steubenville. More than 193 employees will be impacted in Ohio. The retailer also announced it would close its downtown Cincinnati location. Read more about the closures.
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