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03-06-2019 04:05 PM - edited 03-06-2019 04:07 PM
Dollar Tree is closing 390 Family Dollar stores by the end of this year (on top of the 120 it closed in 2018).
Kohl’s is trying an experiment — it’s leasing out a few stores by shrinking their retail store space, and leasing the empty space to other businesses. First partnership is with Planet Fitness. Kohl’s is hoping the people that go to the gym there will then stop and buy something from Kohl’s. Kohl’s has stocked plenty of Under Armour and other athletic brands prepping for this gamble. Interesting.
Chico’s is closing 80 stores; 250 stores will close in the next three years.
Payless is closing all 2,100 stores.
03-06-2019 04:14 PM
The end of an era. Brick & mortar stores are losing its relevance to online sales.How sad.More jobs lost!!
03-06-2019 04:26 PM
It's very sad that stores are closing. A friend of mine manages a Chicos and is a little nervous. Her store isn't closing - that she knows of - but company-wide, there are a lot of people moving on.
As far as Kohl's, I have to hand it to them - they are thinking outside of the retail box!
03-06-2019 04:36 PM
I did here of family dollar closing stores.
we have family dollar and dollar tree on same street but about 1.5miles apart. I shop both stores. I like my family dollar store, has some unusual finds.
sure hope my family dollar does not close.
03-06-2019 04:36 PM
@NicksmomESQI'm sure you're right for many shoppers.
For me. the more I have to turn to online shopping, the fewer items I buy. That's because I really don't think I need all that much, but when I'm in a brick and mortar store and see something that interests me, I might decide I want it.
03-06-2019 04:41 PM
@millieshops wrote:@NicksmomESQI'm sure you're right for many shoppers.
For me. the more I have to turn to online shopping, the fewer items I buy. That's because I really don't think I need all that much, but when I'm in a brick and mortar store and see something that interests me, I might decide I want it.
@millieshops I agree with you. When I go into local stores to browse I end up buying more stuff. There’s something about seeing it & touching it that makes me want to buy it.Unfortunately, many people prefer shopping at home.
03-06-2019 04:49 PM
03-06-2019 04:50 PM
I love Dollar Tree. Ours are usually quite busy, and several new ones have opened up here. The news about Dollar Tree really surprises me.
03-06-2019 05:00 PM
There are Family Dollar stores and there are Dollar Tree stores. I love Dollar Tree but I've never been in a Family Dollar. I'm trying to think of where one is in my area.
I know the Penney's store nearest me is closing. I am shocked it lasted this long. I'll have to look and see if any of the Chico's stores in my area are on the closing list.
Not all that many years ago a new shopping center was built within walking distance of me. There is a Payless there that is closing and there were 2 other stores that have closed. Luckily something else took their place. There have been multiple restaurants in and out of there and right now there are a couple of empty storefronts. Such a shame.
03-06-2019 05:00 PM
Our Family Dollar stores have all recently closed. But Dollar Tree is doing well!
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