Hundreds of retail stores closing, see the list: Walmart, Target, Bed, Bath & Beyond, Dirt Cheap
Waves of retail closures are hitting areas across the country.
Most recently, home goods retailer Bed Bath & Beyond announced it was filing for bankruptcy and closing 480 stores over the coming weeks. Liquidation sales are currently underway.
Here’s a list of some of the major closings:
Bath & Body Works – 50 stores
Bath & Body Works is planning to open 90 new standalone stores and remodel 25 more in the coming year. At the same time, it will close about 50 of its mall-based locations.
Bed, Bath & Beyond – 480 stores
Troubled retailer Bed Bath & Beyond filed for bankruptcy protection and will eventually close all its stores, the chain announced over the weekend. Part of its bankruptcy process includes closing all 360 Bed Bath & Beyond locations and 120 Buybuy Baby retail stores.
Liquidation sales are underway.
Dirt Cheap – 19 stores
Dirt Cheap is closing 19 locations, including four in Alabama.
Foot Locker – 545 stores
The shoe and sportswear retailer recently announced it was closing more than 400 locations, primarily those located in “underperforming” malls.
Foot Locker closed 101 stores in the fourth quarter of 2022, but also opened 21 new stores and remodeled or relocated 45 stores, according to the company.
Party City – 30 stores
Party City is closing over 30 stores after filing for Chapter 11 bankruptcy protection earlier this year. Twenty-two store closures were announced in February with nine more added in April.
Target – 4 stores
Citing a drop in foot traffic, Target announced it is closing four locations in Maryland, Virginia, Minnesota and Pennsylvania. The stores are all smaller-format Target stores.
Tuesday Morning – 265 stores
The discount home goods retailer announced it was closing more than half its stores earlier this year. Now, reports indicate more stores could close or the chain could shut down completely.
Walmart – 20 stores
Walmart, the nation’s largest retailer, is closing a handful of locations.
Fifteen stores in 11 states and Washington, D.C., are set for closure. Two of the 15 stores are pick-up only locations. In addition, Walmart is laying off hundreds of workers at five e-commerce fulfillment centers.