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Honored Contributor
Posts: 15,729
Registered: ‎10-09-2012

Many Familiar Store Closings Announced

[ Edited ]

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.

Esteemed Contributor
Posts: 7,725
Registered: ‎08-19-2014

Re: Many Familiar Store Closings Announced

 The end of an era. Brick & mortar stores are losing its relevance to online sales.How sad.More jobs lost!!

Honored Contributor
Posts: 14,954
Registered: ‎11-03-2018

Re: Many Familiar Store Closings Announced

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!

Honored Contributor
Posts: 24,211
Registered: ‎03-12-2010

Re: Many Familiar Store Closings Announced

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.

Honored Contributor
Posts: 16,592
Registered: ‎03-09-2010

Re: Many Familiar Store Closings Announced

@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.

 

 

Esteemed Contributor
Posts: 7,725
Registered: ‎08-19-2014

Re: Many Familiar Store Closings Announced


@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.

Honored Contributor
Posts: 10,495
Registered: ‎03-09-2010

Re: Many Familiar Store Closings Announced

I can’t even remember the last time I went to a mall or a department store. I don’t miss it.
Honored Contributor
Posts: 38,064
Registered: ‎06-11-2011

Re: Many Familiar Store Closings Announced

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.

Honored Contributor
Posts: 33,580
Registered: ‎03-10-2010

Re: Many Familiar Store Closings Announced

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.  

Honored Contributor
Posts: 38,064
Registered: ‎06-11-2011

Re: Many Familiar Store Closings Announced

Our Family Dollar stores have all recently closed.   But Dollar Tree is doing well!