More than 5,300 stores are closing in 2019 as the retail apocalypse drags on — here's the full list
- More than 5,300 stores are expected to close in 2019.
- Charlotte Russe, Family Dollar, Abercrombie & Fitch, and Chico's announced more than 1,100 store closures last week.
- Gap, JCPenney, and Victoria's Secret announced more than 300 store closures over the course of 24 the previous week.
- Payless has said it plans to close all of its 2,500 stores in what could be the largest retail liquidation in history.
The staggering rate of store closures that has rocked the retail industry over the last couple of years is expected to continue in 2019, with roughly the same level of closures expected this year.
Retailers closed a record-breaking 102 million square feet of store space in 2017, then smashed that record in 2018 by closing another 155 million square feet of space, according to estimates by the commercial real estate firm CoStar Group.
"This year we are predicting more of the same in the retail space," said Drew Myers, a CoStar senior consultant.
Retailers have announced more than 5,300 store closures so far this year, according to an analysis by Business Insider.
Here's a list of all the stores closing this year:
A Payless ShoeSource store is pictured in the Manhattan borough of New YorkDamian Dovarganes/APPayless filed for bankruptcy in February and said it planned to close all of its 2,500 stores in what could be the largest retail liquidation in history.
WikimediaGymboree Group filed for Chapter 11 bankruptcy protection in January and said it planned to close more than 800 stores under its Gymboree and Crazy 8 banners.
Business Insider/Mary Hanbury Charlotte Russe kicked off closing sales at 94 stores in February, after the company filed for Chapter 11 bankruptcy protection. In March, the company announced that it would liquidate its remaining 416 Charlotte Russe stores and 10 Peek Kids stores.
Business Insider/Mary Hanbury Dollar Tree said in March that it plans to convert about 200 Family Dollar stores into Dollar Tree stores, and close up to 390 additional stores under the Family Dollar brand.
The women's clothing retailer Chico's said in March that it would close 100 Chico's stores, 90 White House Black Market stores, and 60 Soma stores over the next three years.
Gap: 230 stores
Facebook/Performance BicyclePerformance Bicycle's parent company, Advanced Sports Enterprises, filed for bankruptcy protection in November and later announced that it would close all 102 of its stores.
