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Payless ShoeSource Closing 800 Stores Across US, Including Four in Central Ohio

Walker Evans Walker Evans Payless ShoeSource Closing 800 Stores Across US, Including Four in Central Ohio

After filing for bankruptcy back in April and announcing 400 store closures, Payless ShoeSource made news again yesterday by announcing another 408 stores that will close. The combined total represents a reduction of the company’s retail footprint by approximately 20 percent, bringing their 4,000 international store total down to 3,200 for now. The combined closure list […]

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Gander Mountain Closing Retail Stores Amid Bankruptcy Buyout

Walker Evans Walker Evans Gander Mountain Closing Retail Stores Amid Bankruptcy Buyout

The latest national retailer to implode in 2017 is Minnesota-based sporting goods store Gander Mountain. The company filed for bankruptcy in March, and announced plans to close 32 stores this year (none of those closures are in Ohio), but earlier this week it was revealed that many more are likely on the chopping block. Competitor Camping World announced on […]

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Rue21 Closing 400 Stores Across US, Several in Central Ohio

Walker Evans Walker Evans Rue21 Closing 400 Stores Across US, Several in Central Ohio

Teen retailer Rue21 is the latest chain to downsize its brick-and-mortar footprint, an ongoing trend thus far in 2017. The company announced over the weekend that it would be closing 400 of its stores, slimming down to a total of 700 locations. “It’s true – we are closing some stores,” states a message posted on […]

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GameStop Closing 150 Retail Stores in 2017

Walker Evans Walker Evans GameStop Closing 150 Retail Stores in 2017

The latest retailer to announce closures this year is video game outlet GameStop, which reported a double-digit decline in sales last quarter, and has seen their stock fall by over 30 percent in the past year. This year, the company will focus on its other retail brands, moving away from its traditional stores. “The Company […]

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RadioShack Closing All Central Ohio Stores

Walker Evans Walker Evans RadioShack Closing All Central Ohio Stores

The latest retail closure news of 2017 comes from Radio Shack, a brand you might not have realized was actually still alive in brick-and-mortar form. The company filed for Chapter 11 bankruptcy today, marking the second time the company has taken that action in the past two years. That news is paired with a closure […]

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hhgregg Closing 88 Stores, Including Four in Ohio

Walker Evans Walker Evans hhgregg Closing 88 Stores, Including Four in Ohio

Home appliance store hhgregg is following in the footsteps of many other large retailers in 2017. The company announced plans yesterday to close 40 percent of its brick-and-mortar stores. Before the end of April, the Indianapolis-based chain plans to have 88 stores shuttered, which includes four in Ohio. “We are strategically exiting markets and stores […]

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J.C. Penney Closing 140 Stores in 2017

Walker Evans Walker Evans J.C. Penney Closing 140 Stores in 2017

Traditional mall anchor J.C. Penney announced today that it plans to close approximately 13 to 14 percent of its 1,000 stores, resulting in a downsizing of up to 140 locations in early 2017. Despite the closures, the company reported positively about net sales only declining 0.6 percent and store sales being flat overall for 2016. […]

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