Controversial lingerie retailer Victoria’s Secret parent company L Brands announced in May 2020 that it plans to close a quarter of its stores—250 locations—in the U.S. and Canada during the next few months. Nicolette Accardi can be reached at naccardi@njadvancemedia.com. The company also told vendors to stop shipping items for its fall season; however, you can still find deals on clothing for colder weather. The home decor retailer announced in June it received approval from bankruptcy court to shutter and liquidate all of its roughly 540 stores, including its e-commerce operations. Franchise stores are unaffected and will remain operational. Party City said it would permanently close 21 stores this year as part of a “store optimization” plan that began in 2019 with 55 store closures, including one in New Jersey after a disappointing Halloween season. There are 10 Lucky Brand stores in New Jersey, but none were affected in the round of store closures. Ascena Retail Group Inc., Lane Bryant’s parent company, announced 10 Lane Bryant locations in New Jersey would close after filing for Chapter 11 bankruptcy: Although not a liquidation sale, you can still find clearance items for 40% off. The company currently operates 79 jewelry stores in New Jersey, but it’s unknown if any will close. The retail apocalypse has come for your favorite stores, including Macy's, Zara, and Starbucks. According to CNN, there are around 1,100 Victoria’s Secret locations in North America. The apparel chain’s parent company, RTW Retailwinds, revealed plans to close 27 stores in its portfolio in 2020, including 19 New York & Company locations, four Fashion to Figure stores, and four New York & Co. outlets. In February 2020, department store Macy’s said it will be closing 125 stores over the next three years and cutting thousands of corporate jobs. https://www.msn.com › en-us › money › companies › new- AT&T cited the economic impact and change in customer behavior due to the coronavirus pandemic as reasons for the store closures, according to a report by Business Insider. GNC Holdings Inc., which filed for Chapter 11 bankruptcy protection in June 2020, says it will close 219 locations in the U.S. and 29 in Canada. The nutrition supplement retailer filed for Chapter 11 bankruptcy in June and is closing up to 1,200 stores, including at least 10 in New Jersey, as the company searches for a buyer. Although not a liquidation sale, you can find sale items for up to 50% off online. Luxury department store Bloomingdale's has a lot of history, dating all the way back to its founding in 1861. The company also operates White House Black Market and Soma.Â, The department store filed for bankruptcy in May 2020 and said it planned to eventually close about 30% of its 846 stores, many of which are situated in malls. There are currently 76 Pizza Hut locations in New Jersey, but it is unknown if any will be impacted. USA Today published the list of closures the same year they were announced. Stein Mart has filed for Chapter 11 bankruptcy and anticipates that “all stores will close by the fourth quarter of 2020.”. In July 2020, the retailer announced it would be permanently closing an estimated 200 stores. As always if you have a confirmed closing (meaning you've seen the clearance signs in the window or received an email) let me know in the comments! Nordstrom announced in May it would permanently close 16 of its department stores, including its Freehold Raceway Mall location, leaving just four left in New Jersey. However, a month later the company said it planned to reduce the U.S. closures to 88 locations. Bed Bath & Beyond closing 63 stores, including 2 in N.J. By Nicolette Accardi, nj.com 9/21/2020 Inauguration security: 25,000 National Guard members in … “The prolonged and unexpected closures of our stores in response to COVID-19 has had severe consequences on our business,” said CEO Steve Becker in a news release. Ascena Retail Group Inc., Justice’s parent company, announced the following 21 locations in New Jersey would close (or already have closed) after filing for Chapter 11 bankruptcy: Liquidation sales are ongoing at Justice locations that are still open. Payless ShoeSource - There have been suspicions and now it's confirmed that every single one of its 2,100 American stores will close by 2020. According to Business Insider, approximately 130 locations will remain open in China, the United Arab Emirates, India, and South Korea. New York–based fashion manufacturer G-III Apparel Group Ltd. announced in June 2020 that it will permanently close all 110 Wilsons Leather and 89 G.H. Have a tip? Store closing would be over the next two years and have started in some areas. January 10, 2020 2:56 pm Bed Bath & Beyond is closing two New Jersey stores. The company is currently holding an online sale with items up to 60% off. But it began the year announcing that nearly half of its … Subscribe to NJ.com », Nicolette Accardi | NJ Advance Media for NJ.com, 1,735 Bath & Body Works stores in North America, find deals on clothing for colder weather, “Doorbusters” sale online, with select items up to 60% off, liquidation sales in person or online of up to 60% off, Anniversary Sale with discounts of up to 40% off, “Weekend Clearance Specials” with items up to 80% off, “Fall Haul” event with items up to 50% off, Victoria’s Secret shuttered dozens of stores, thousands of items for up to 70% off online. And while new openings may seem like a good thing, in comparison, Starbucks opened up 607 new stores during the 2019 fiscal … (Rick Moriarty | rmoriarty@syracuse.com)Rick Moriarty | rmoriarty@syracuse.com. Fast-fashion retailer Zara was hit hard by COVID-19 and will close upwards of 1,000 retail locations.Â, In June 2020 the fast-fashion retailer’s parent company, Inditex, announced plans to close between 1,000 and 1,200 stores over the next two years and divert resources into online sales strategies due to the ongoing COVID-19 pandemic. © 2021 Advance Local Media LLC. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. AP Photo/Nati Harnik On Thursday, Ascena Retail Group filed for Chapter 11 bankruptcy and announced plans to close approximately 1,100 stores. It was also planning to open a new fitness center in Atlantic City. Denim heritage company Lucky Brand Dungarees LLC, which has roughly 200 Lucky Brand stores in the U.S. and sells in certain department stores, announced plans to file for Chapter 11 bankruptcy protection in July 2020, according to USA Today. “The decisions as to which domestic stores will be closing are ongoing, pending the outcome of continued conversations with landlords,” a spokesperson for the retailer told Glamour in 2019. Catherines store closings 2020. All rights reserved. Ad Choices, Store Closing List 2020: Macy’s, Pier 1, Zara, Nordstrom, and More. The move is part of plans to close approximately 75 retail pharmacy stores in total during 2020, the majority of which are nearing the end of their lease term, … Video game retailer GameStop has plans to close up to 450 stores worldwide by the end of the fiscal year, an increase from its original plan of shuttering about 320 locations. In March, Neiman Marcus announced it would close most of its Last Call stores to focus on full-priced luxury sales instead of discount offerings. All store closings and liquidation sales will conclude by the end of October. Closeout discount decor chain Tuesday Morning filed for bankruptcy and plans to shut down around 230 of its nearly 700 locations in the coming months. More than 8,300 stores are closing in 2020 as the retail apocalypse drags on. Currently, you can find all denim for 30% off online, including new styles. According to CNN, it will keep locations open in London, New York City, Sydney, and Redmond, Washington, but they will be reimagined as “experience centers,” places to showcase Microsoft’s technology without necessarily selling products. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Liquidation sales have begun at all stores, but have ended online. E-commerce for the retailer is business as usual.Â, Kids’ apparel retailer The Children’s Place announced in June 2020 that it will close 300 of its 920 stores in the United States, Canada, and Puerto Rico, with 200 planned for this year and 100 for 2021. Please subscribe now and support the local journalism YOU rely on and trust. The popular beauty store will permanently close its Vineland store at Cumberland Mall, along with 18 other stores throughout the U.S., before the year is over. It’s not all bad news for the brand: Though in-mall stores are largely going away, 26 new locations will also open this year. Stock up on Perfect Peony body splash now: Bath & Body Works’ parent company, L Brands, announced in May 2020 that 50 locations in the United States, as well as one store in Canada, will close this year. The health retailer released an initial list of stores that will shutter on gncevolution.com. (Stores … Bank and other men’s fashion brands, announced it has identified up to 500 stores that could potentially close “over time” prior to filing for Chapter 11 bankruptcy. The clothing company indefinitely suspended rent payments in May (about $115 million per month in North America) and said some stores may permanently close. Microsoft has three locations in New Jersey: Bridgewater, Freehold and Paramus. Stores in Sewell and Newton also have closed this year. You can find liquidation sales in person or online of up to 60% off. “While we are still entertaining various opportunities, we believe it is prudent to simultaneously put the remainder of the stores into liquidation to maximize value of inventory for the estate while pursuing options for the company's brands,” Ed Kremer, Lord & Taylor's chief restructuring officer, said in a statement. The women’s clothing chain will permanently close (or already has) at least 20 locations in New Jersey amid filing for Chapter 11 bankruptcy. Bank plan to close up to 500 stores over time, as revealed by their parent company, Tailored Brands, in July 2020. In March 2019, Gap said it will be shuttering approximately 230 locations during the next two years due to falling sales. (Rick Moriarty | rmoriarty@syracuse.com)Rick Moriarty | rmoriarty@syracuse.com. The Paramus location closed in May after Amazon purchased it following the supermarket chain’s Chapter 11 bankruptcy filing earlier this year. Liquidation sales for the Howell and Rockaway stores are expected to begin Oct. 8. Bed Bath & Beyond is planning to shutter its stores in Howell (4075 Route 9) and Rockaway (202 Enterprise Dr.) as part of 63 locations it will close by the end of 2020. 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