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The 2020 Retail Apocalypse Claims Ann Taylor and 52 More of Your Favorite Brands

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On July 23, Ascena Retail Group, which owns brands such as Ann Taylor and Lane Bryant, filed for bankruptcy. The company stated it would close all of its Catherines stores, a “significant number” of its Justice stores and “a select number of Ann Taylor, LOFT, Lane Bryant and Lou & Grey stores.” It also announced that the company would no longer have a presence in Canada, Puerto Rico or Mexico across all of its brands.

Ascena is just the latest victim of the so-called “retail apocalypse” — the widespread erasure of brick-and-mortar stores. It all started with the advent of online shopping, with Amazon, in particular, dominating the retail sector. COVID-19 has only made things worse. In fact, a recent report from Coresight Research warned that as many as 25,000 stores could be closing — permanently — because of the pandemic.

To quantify the depth of the carnage, GOBankingRates researched which retailers have experienced a severe decline in sales and announced permanent store closures. The study is presented in two sections: companies that will not have locations left and companies that will have locations left. Note, there are 13 companies that will have zero stores remaining.

Though some of these stores will surely survive — Americans love to shop, after all — for others, the announcement of mass closures are the final nail in the coffin. Read on to discover if your favorite stores will be gone forever.

Last updated: July 27, 2020

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Companies That Will Not Have Locations Left

These companies plan to close all of their locations permanently. They are in order from highest to lowest number of stores that are still open. Four of the companies — A.C. Moore, Art Van Furniture, Destination Maternity and Papyrus — no longer have any locations left and are included at the end.

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New York & Company

  • Number of closures announced: 378
  • Number of stores currently open: 378
  • How many stores will be left: 0

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Catherines

  • Number of closures announced: 320
  • Number of stores currently open: 320
  • How many stores will be left: 0

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Heritage Brands

  • Number of closures announced: 162
  • Number of stores currently open: 162
  • How many stores will be left: 0

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Bose

  • Number of closures announced: 119
  • Number of stores currently open: 119
  • How many stores will be left: 0 (in the U.S.)

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Modell's

  • Number of closures announced: 153
  • Number of stores currently open: 117
  • How many stores will be left: 0

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Wilson's Leather

  • Number of closures announced: 110
  • Number of stores currently open: 99
  • How many stores will be left: 0

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G.H. Bass

  • Number of closures announced: 89
  • Number of stores currently open: 89
  • How many stores will be left: 0

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Microsoft

  • Number of closures announced: 83
  • Number of stores currently open: 83
  • How many stores will be left: 0

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Lord + Taylor

  • Number of closures announced: 38
  • Number of stores currently open: 38
  • How many stores will be left: 0

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A. C. Moore

  • Number of closures announced: 145
  • Number of stores currently open: 0
  • How many stores will be left: 0

Editor’s note: Up to 40 locations may become Michaels stores.

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Art Van Furniture

  • Number of closures announced: 125
  • Number of stores currently open: 0
  • How many stores will be left: 0

rblfmr / Shutterstock.com

Destination Maternity

  • Number of closures announced: 435
  • Number of stores currently open: 0
  • How many stores will be left: 0

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Papyrus

  • Number of closures announced: 254
  • Number of stores currently open: 0
  • How many stores will be left: 0

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Companies That Will Have Locations Left

Though they have announced closures, these companies plan to keep at least a few stores open. They have been put in order from lowest to highest number of locations that will remain. In some cases, only a handful of stores are left, but in others, such as Starbucks or Family Dollar, thousands of stores will stick around.

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Lou & Grey

  • Number of closures announced: 8
  • Number of stores currently open: 11
  • How many stores will be left: 3

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Kmart

  • Number of closures announced: 45
  • Number of stores currently open: 34
  • How many stores will be left: 34

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Neiman Marcus

  • Number of closures announced:¬†22
  • Number of stores currently open: 65
  • How many stores will be left: 43

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Bloomingdale's

  • Number of closures announced: 1
  • Number of stores currently open: 56
  • How many stores will be left: 55

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Sears

  • Number of closures announced: 51
  • Number of stores currently open: 118
  • How many stores will be left: 67

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Sur La Table

  • Number of closures announced: 51
  • Number of stores currently open: 121
  • How many stores will be left: 70

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Olympia Sports

  • Number of closures announced: 76
  • Number of stores currently open: 151
  • How many stores will be left: 75

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Nordstrom

  • Number of closures announced: 16
  • Number of stores currently open: 116
  • How many stores will be left: 100

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J. Crew

  • Number of closures announced: 8
  • Number of stores currently open: 181
  • How many stores will be left: 173

Editor’s note: The eight store closures were announced when J. Crew declared bankruptcy in May. However, the company has closed several stores since 2018.

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Lucky Brand

  • Number of closures announced: 13
  • Number of stores currently open: 200
  • How many stores will be left: 187

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Brooks Brothers

  • Number of closures announced: 51
  • Number of stores currently open: 250
  • How many stores will be left: 199

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Justice

  • Number of closures announced: 600
  • Number of stores currently open: 826
  • How many stores will be left: 226

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Ann Taylor

  • Number of closures announced: 38
  • Number of stores currently open: 291
  • How many stores will be left: 253

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Express

  • Number of closures announced: 100
  • Number of stores currently open: 526
  • How many stores will be left: 426

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Tuesday Morning

  • Number of closures announced: 230
  • Number of stores currently open: 700
  • How many stores will be left: 470

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Pier 1 Imports

  • Number of closures announced: 450
  • Number of stores currently open: 950
  • How many stores will be left: 500

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Lane Bryant

  • Number of closures announced: 150
  • Number of stores currently open: 688
  • How many stores will be left: 538

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Forever 21

  • Number of closures announced: 178 (in the U.S.)
  • Number of stores currently open: Approximately 800
  • How many stores will be left: 622

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Loft

  • Number of closures announced: 30
  • Number of stores currently open: 666
  • How many stores will be left: 636

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JCPenney

  • Number of closures announced: 152
  • Number of stores currently open: 846
  • How many stores will be left: 694

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The Children's Place

  • Number of closures announced: 200
  • Number of stores currently open: 920
  • How many stores will be left: 720

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Signet Jewelers

  • Number of closures announced: 300 (globally)
  • Number of stores currently open: 1,100
  • How many stores will be left: 800

Editor’s note: Signet Jewelers owns the following stores: Kay Jewelers, Zales, Jared, H. Samuel, Ernest Jones, Peoples and Piercing Pagoda.

Arne Beruldsen / Shutterstock.com

Bed Bath & Beyond

  • Number of closures announced: 200
  • Number of stores currently open: 1,024
  • How many stores will be left: 824

Take a Look: The Top Retail Store in Every State

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Victoria's Secret

  • Number of closures announced: 250
  • Number of stores currently open: 1,128
  • How many stores will be left: 878

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Tailored Brands

  • Number of closures announced: 500
  • Number of stores currently open: 1,450
  • How many stores will be left: 950

Editor’s note: Tailored Brands owns Jos. A. Bank and Men’s Wearhouse.

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Chico's

  • Number of closures announced: 250
  • Number of stores currently open: 1,341
  • How many stores will be left: 1,181

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Office Depot

  • Number of closures announced: 90
  • Number of stores currently open: 1,295
  • How many stores will be left: 1,290

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GameStop

  • Number of closures announced: 320
  • Number of stores currently open: 5,500
  • How many stores will be left: 5,180

Editor’s note: The 320 store closures are in addition to 321 stores closed in 2019.

AT&T

  • Number of closures announced: 250
  • Number of stores currently open: 5,821
  • How many stores will be left: 5,571

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Zara

  • Number of closures announced: 1,200
  • Number of stores currently open: 7,500
  • How many stores will be left: 6,300

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GNC

  • Number of closures announced: 800
  • Number of stores currently open: 7,300
  • How many stores will be left: 6,500

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Walgreens

  • Number of closures announced: 200
  • Number of stores currently open: 9,277
  • How many stores will be left: 9,077

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Christopher & Banks

  • Number of closures announced: 30 to 40
  • Number of stores currently open: 445
  • How many stores will be left: 421 to 431

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Guess

  • Number of closures announced: 100
  • Number of stores currently open: Approximately 1,110
  • How many stores will be left: Approximately 1,010

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Starbucks

  • Number of closures announced: 400
  • Number of stores currently open: Approximately 15,000
  • How many stores will be left: Approximately 14,600

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Hallmark

  • Number of closures announced: 16
  • Number of stores currently open: Approximately 2,000
  • How many stores will be left: Approximately 2,000

tupungato / iStock.com

Gap

  • Number of closures announced: 230
  • Number of stores currently open: 2,800
  • How many stores will be left: Approximately 2,700

Robert V Schwemmer / Shutterstock.com

Macy's

  • Number of closures announced: 125
  • Number of stores currently open: 555
  • How many stores will be left: Approximately 400

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Family Dollar

  • Number of closures announced: 390
  • Number of stores currently open: Approximately 8,000
  • How many stores will be left: Approximately 7,500 to 8,000

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CVS

  • Number of closures announced: 22
  • Number of stores currently open: Approximately 9,900
  • How many stores will be left: Approximately 9,900

Editor’s note: The 22 store closures are in addition to 46 stores closed in 2019.

More From GOBankingRates

John Csiszar contributed to the reporting for this article.

Methodology: GOBankingRates, sourced retailers that have recently (mid- to late-2019 to present day) announced store closures. From this list of retailers, GOBankingRates found (1) number of announced store closures; (2) number of stores currently still open as of July 23, 2020; and (3) number of stores that will remain open after closures go into effect. All data was collected and is up to date as of July 27, 2020.