11/22/09 Stockholm, Sweden – The holiday shopping season should be right around the corner. But this year, the nearby store that you’re used to visiting may very well be closed. Many big retail chains are going the way of the downsized (and often unemployed) American consumer…they are shutting down.
To offer you a better sense of which retailers are getting hit the hardest we’ve provided a list of the 29 retail chains with the most closed stores in 2009. Some are no surprise at all (ahem…GM, Chrysler, Circuit City…), yet others you may find more shocking. See the short list below.
1. 2,639 – General Motors
2. 960 – Blockbuster
3. 789 – Chrysler
4. 567 – Circuit City
5. 461 – KB Toys
6. 450 – Movie Gallery (Incl. Hollywood Video)
7. 365 – Ritz Camera
8. 273 – Starbucks
9. 287 – Goody’s
10. 265 – Jones Apparel Group
11. 240 – Waldenbooks
12. 191 – Zale Corporation
13. 175 – Van Heusen
14. 163 – Ann Taylor
15. 161 – InkStop
16. 160 – Family Dollar
17. 150 – Popeye’s (AFC Enterprises)
18. 135 – S&K Famous Brands Inc.
19. 130 – Advance America
20. 129 – Boater’s World
21. 125 – F.Y.E.
22. 121 – Eddie Bauer
23. 118 – Office Depot
24. 117 – Rite Aid
25. 104 – Finlay Enterprises
26. 102 – Payless Shoes
27. 100 – Albertsons
28. 100 – Charming Shoppes
29. 100 – Gap, Inc.
For the complete listing of over 150 chain stores that have closed in 2009 visit The Wall St Cheat Sheet’s coverage of retailers going out of business.
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