Retailers closing the largest number of stores in 2018 year

Store closures are not necessarily a bad thing. Losing an outlet may cause short-term problems for a company and loss of revenue, but store closures are also a pragmatic way for retailers to survive in an ever-changing retail world. Although sometimes store closures are indeed a sign of an impending decline in business as a whole. This has been a particular challenge for brick-and-mortar retailers in the US, which have seen a loss of shoppers who prefer the internet to physical stores.

Фото: Depositphotos

Edition GO Banking Rates collected a list of 15 retail chains that closed most stores in 2018.

• Perfumania: 97 stores;
• Orchard Supply: 99 stores;
• The Children's Place: 100 stores;
• Payless Shoesource: 100 stores;
• Gymboree: 102 Store;
• Charming Charlie: 106 stores;
• Ascena Retail: 108 stores;
• Signet Jewelers: 120 stores;
• Sears / Kmart: 154 Store;
• The Bon Ton: 250 stores;
• Radio Shack: 250 stores;
• Best Buy: 257 stores;
• Mattress Firm: 274 Store;
• Toys R Us: 527 stores;
• Rite Aid: 1 871 Shop.

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