WE Are Shutting Down: Retail Collapse: Here Are 2018’s 57 Biggest Store Closings

WE Are Shutting Down: Retail Collapse: Here Are 2018’s 57 Biggest Store Closings

Retail Collapse: Here Are 2018’s 57 Biggest Store Closings

Closed storefronts are typical in American cities across shopping malls that once flourished in commercial zones of suburbia are now empty and abandoned.

As the retail apocalypse deepens, more than 3,800 stores are expected to close across the country this year. Department stores like Kmart, Macy’s, Sears, and JCPenney, and retailers including Best Buy, Payless, BCBG, Abercrombie & Fitch, and Bebe have decided to close dozens of locations.

A new report by real estate research firm Reis noticed that shopping malls had not been this empty since 2012, CNBC reported. The vacancy rate at regional and super-regional malls in the U.S. reached 8.6 percent in the second quarter of 2018, up from 8.4 percent in the prior quarter.

READ MORE AND THE LIST BELOW OF THE STORES THAT HAVE CLOSED:

Retail Collapse: Here Are 2018’s 57 Biggest Store Closings

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