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More than 1,700 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list.

Jan 8, 2020, 19:31 IST
Seph LawlessRetailers are closing thousands of stores in 2020.

Retailers are expected to close thousands more stores this year, following record-high rates of closings last year.

More than 9,300 store closings were announced in 2019, smashing the previous record of roughly 8,000 store closures in 2017, according to an analysis by Business Insider.

The number of store closings this year could be even higher than previous records, according to estimates from the real estate firm Cushman & Wakefield. The firm estimated last year that as many as 12,000 major chain stores could close in 2020.

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Retailers have so far confirmed at least 1,700 stores slated for closure in 2020, according to a Business Insider analysis.

Here's a list of the stores expected to close this year.

Pier 1 Imports: 450 stores

Pier 1 said in January that it plans to close 450 stores, representing about half of its total store count, as it struggles to stay afloat after years of falling sales.

The closings could affect thousands of workers. Pier 1 had about 950 stores and roughly 4,000 employees at the time of the announcement.

The company also said it planned to cut its corporate head count and shut down some distribution centers.

Gap: 230 stores

Gap is closing hundreds of Gap-branded stores as it opens stores under other brands including Old Navy and Athleta. The company said in February 2019 that it planned to close about 230 Gap stores over the next two years.

More recently, Gap said about 130 locations will close in fiscal 2019 and a majority of those closings will happen in the fourth quarter, which extends into January 2020.

The remaining closings are expected to happen in the coming year.

Walgreens: 200 stores

Walgreens announced in August that it planned to close 200 US locations under a multiyear cost-cutting program. The company has not revealed any further details about the timing or location of the closings.

The new round of closings is in addition to a previously announced cut of 750 US stores, which Walgreens has said it expects to complete by the end of this year.

Chico's: 200 stores

The women's clothing retailer Chico's said last year that it planned to close about 250 stores, including 100 Chico's stores, 90 White House Black Market stores, and 60 Soma stores over three years. The company had closed 49 stores as of November 2, leaving about 200 more expected closures over the next two years.

Forever 21: 178 stores

Forever 21 said it expected to close 350 stores globally, including up to 178 locations in the US, after filing for Chapter 11 bankruptcy protection in September. Company filings reveal many of these closures will happen in early 2020.

A.C. Moore: 145 stores

The craft-store chain A.C. Moore is shutting down all 145 of its stores in 2020. A.C. Moore's parent company, Nicole Crafts, announced the closings in November and said about 40 locations would be converted into Michaels stores.

Destination Maternity: 183 stores

Destination Maternity filed for bankruptcy protection in October and said it planned to shutter 183 stores in the US, Canada, and Puerto Rico. The company owns stores under its namesake brand, as well as under the Motherhood Maternity brand.

Olympia Sports: 76 stores

Olympia Sports said in October that it planned to close 76 stores after it was purchased by the sports retailer JackRabbit. The stores will close in 2020.

Sears: 51 stores

Sears said in November that it planned to close 96 stores in February, including 51 Sears stores and 45 Kmart stores. Sears parent company Transform Holdco will operate just 182 stores after the closings.

Kmart: 45 stores

Kmart parent company Transform Holdco plans to close 45 Kmart stores by February.

Macy's: 15 stores

Macy's is closing at least 15 stores in early 2020, Business Insider's Mary Hanbury reports.

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