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Tuesday, April 18, 2017

Rue21 Closing 400 Stores.



     Popular teen clothing chain Rue 21 announced it will be closing 400 stores. The Warrendale, Pennsylvania-based chain has come to the decision of closing 400 "unprofitable" stores of its over 1,200 store chain, leaving about 700 stores open. There is only one answer, loosing sales thwart competition from online sales and equal competition in the landscape, like Zara and H&M. Store closing sales are set to begin as early as next week, although the closing dates have not been set according to the Chicago Tribune. 

     This is only another hit to the ever growing trend of the American retail apocalypse. Since late last year, several chains have filed for bankruptcy and either closed several stores, or gone out of business, this has added up to over 4,000 empty store fronts across the country.

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Saturday, April 15, 2017

Louis Joliet Mall MC Sports Closing.


     Back in February, MC Sports announced it will be closing all 66 of there stores, several included in Illinois, particularly this location at Louis Joliet Mall.This location in the mall is in the same wing as a Family Christian Store, which is also closing. The Sears also anchors this wing, to if that closed, this entire branch of the mall will be vacant.

Here are my photos of the MC Sports early in the liquidation, the store will be closed in a few weeks.






I figure I would throw a photo of the Sears store next to MC Sports, and the Family Christian Store that opened recently is also closing as a result of that chain going out of business.


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Louis Joliet Mall Family Christian Store Closing.


     With the chain closing, a recently filled space in the Louis Joliet Mall will go empty again. This is right across from the MC Sports, which is also closing, and both stores are near Sears, so this wing of the mall might be completely dead soon. 

Here are the photos I took of the store in the beginning of the closing sale:





MC Sports car be seen in this shot of the Family Christian Store and I placed the baskets in the shot.


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Sunday, April 9, 2017

Couldn't Find A Buyer... HHGregg Closing All Stores.



     After failing to find a buyer to bring them out of bankruptcy, Indianapolis- based HHGregg has announced that the company is going out of business, closing all there remaining stores. Electronics retailer HHGregg announced it would close 88 locations in order to cut losses on March 2nd, and filed for chapter 11 Bankruptcy protection on March 6th. From that time, the company had a month to find a buyer to take over the company and bring them out of bankruptcy, that failed to happen. As a result, all the remaining stores started there closing sales April 8th.

     HHGregg was found in 1955 by Henry Harold Gregg and his wife fancy, according to The Indy Channel. After several decades of business, a major expansion into the Midwest and Southeast in 2010 and 2011, is now the latest retailer to call it quits, the last major electronics and appliance chain to go out of business was Circuit City in 2009.

Here is the current company website:


 Here is the map of all 220 locations:


Here are all the Illinois locations:


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Friday, April 7, 2017

Payless Shoesource Closing 400 Stores.


     Following the path that almost every retailer is going down, long time shoe retailer Payless ShoeSource is closing nearly 400 of there locations nationwide after filing for bankruptcy earlier this week. Just another challenge that is faced based on the thriving online shopping trend.

Here is the complete list of every location included provided by Market Watch.

Locations that are effected by the closures in Illinois include provided by the Chicago Tribune.
  • West Elsdon in Chicago
  • Belmont Central in Chicago
  • South Chicago
  • Scottsdale neighborhood
  • Orland Park
  • Lake Zurich
  • Waukegan 
  • Moline
  • Merrionette Park
  • Sterling
  • Danville
  • Forsyth 
  • Rockford 
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Gordmans List of Locations Slated For Closure.


     Although not going out of business as anticipated, Omaha- based clothing chain Gordmans is closing a large number of there stores and other locations being purchased by Stage Inc of Houston, Texas. A few locations in each state there located in, as this list provided by there asset purchase agreement here.

Here is my other article when Gordmans first announced a bankruptcy.

Illinois locations include Naperville, Vernon Hills, Normal, Rockford, and Machesney Park.






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