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List of Canadian retail closures (21st century) Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada .
Es de Velasco (High-end, department store, founded in 1939, acquired by González Padín, closed in 1995.) New York Department Stores (Founded in 1931, acquired by the Melville Corporation in 1994, most stores turned into Marshalls .) Pitusa (Discount, department store, founded in 1976, bankrupt in 2014.)
An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [214] In September 2023, Party City exited bankruptcy with a billion reduced in debt. [215] Payless ShoeSource filed for bankruptcy in April 2017 and closed 400 of its stores. [216]
Retail apocalypse. Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 and accelerating due to the mandatory closures during the COVID-19 pandemic. [ 2][ 3] In 2017 alone, more than 12,000 physical stores closed. The reasons included debt and bankruptcy in ...
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...
JCPenney. In May 2020, JCPenney announced plans to close 175 locations in 2020 and 2021. Those stores span 38 states; the company says 670 stores remain in the U.S. and Puerto Rico. JCPenney was ...
Walmart is closing or has already closed at least 15 stores across 10 US states and Canada. The stores include Walmart Supercenters in Dallas and Lafayette, Louisiana, as well as Walmart ...
Gadsden Mall – Gadsden (1974–present) Heart of Huntsville Mall – Huntsville (1961–2007) Jasper Mall – Jasper (1981–present) Madison Square Mall – Huntsville (1984–2017) The Mall at Westlake – Bessemer (1969–2009) McFarland Mall – Tuscaloosa (1969–2016) Montgomery Mall – Montgomery (1970–2008)
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