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retailpocolypse

19 Retailers that Filed for Bankruptcy and/or Closed Stores in 2017

Walker Evans Walker Evans 19 Retailers that Filed for Bankruptcy and/or Closed Stores in 2017

Consumer trends are changing in the world of traditional retail shopping. Those words couldn’t have rang truer in 2017, a year that saw a massive wave of bankruptcy filings and store closures across major brands, despite a growing US economy. Some of the spokespeople for the struggling stores are blaming Amazon for ravaging brick and […]

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Retailpocolypse: Toys “R” Us Files for Bankruptcy

Walker Evans Walker Evans Retailpocolypse: Toys “R” Us Files for Bankruptcy

The steady stream of large retail closures and bankruptcy filings in 2017 has slowed down over the summer months, but news this week from New Jersey-based Toys “R” Us has brought this year’s chain retail woes back into the spotlight. The company announced on Monday that it would be “commencing court-supervised processes to implement financial […]

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Gymboree Closing 350 Stores, Three in Central Ohio

Walker Evans Walker Evans Gymboree Closing 350 Stores, Three in Central Ohio

The latest news to break in the ongoing Retailpocolypse of 2017 is that of Gymboree’s bankruptcy filing — a move that will see the closure of 350 stores across the chain’s U.S. footprint. The San Franciso-based company also operates stores brands Crazy 8 and Janie and Jack, which will see closures as well. Company CEO […]

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Store Closures Announced for Ann Taylor, Dress Barn and Lane Bryant

Walker Evans Walker Evans Store Closures Announced for Ann Taylor, Dress Barn and Lane Bryant

The Connecticut-based Ascena Retail Group is the latest chain store owner to jump on the Retailpocolypse bandwagon, announcing last Thursday that it would be closing somewhere between 250 and 650 of its locations over the course of the next two years. Those closures would include Ann Taylor, Dress Barn and Lane Bryant locations. Retail brick-and-mortar closures continue to mount up, and […]

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Eastland Mall Will Have No Anchors Following Sears Closure

Walker Evans Walker Evans Eastland Mall Will Have No Anchors Following Sears Closure

With a one-two punch, Eastland Mall has lost all of its remaining anchor stores. Macy’s announced plans back in January to close its Eastland location, and yesterday Sears revealed that it will be closing its store there — along with 71 other locations across the U.S. — sometime in September. The mall, originally opened 1968, has […]

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Westland Mall Headed to 100% Vacancy with Closure of Sears

Walker Evans Walker Evans Westland Mall Headed to 100% Vacancy with Closure of Sears

The long-neglected Westland Mall will officially be empty this fall as the final tenant shutters its doors. Sears announced its latest round of 72 store closures yesterday, which includes its Westland Mall and Eastland Mall locations. The Westland Mall property has been discussed many times as a possible site for a catalytic development project that could […]

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Michael Kors Closing 125 Stores Across US

Walker Evans Walker Evans Michael Kors Closing 125 Stores Across US

Luxury retailer Michael Kors is the latest to announce store closures in 2017 as what industry trend-watchers are referring to as “Retailpocolypse,” continues. The brand released its latest fiscal report yesterday, which included mention of plans to shutter somewhere between 100 and 125 of its underperforming stores over the next two years. “Fiscal 2017 was a […]

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