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List Of Retailers Affected By The Retail Apocalypse
The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in online shopping and then by the economic impact of the COVID-19 pandemic. Retailers A–D * A.C. Moore announced on November 25, 2019, that all 145 of its stores would close. The Michaels Companies acquired its trademarks and websites, one distribution center, and the intellectual property rights of A.C. Moore for $58 million; Michaels also took over 40 store leases. * Abercrombie & Fitch has closed 300 stores under its own brands, including Hollister Co. and abercrombie kids, since 2015. * Aerosoles (AGI HoldCo) filed for Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy in September 2017 and closed 74 retail stores, leaving only four flagship stores in New York and New Jersey. * Aéropostale (clothing), Aéropostale filed for Chapter 11 bankruptcy in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Shopping
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2020, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones. An online shop evokes the physical analogy of buying products or services at a regular "bricks-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping. A typical online store enables the customer to browse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gildan Activewear
Gildan Activewear Inc. is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, sport shirts and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks. The company has approximately 44,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean. Glenn and Greg Chamandy founded Gildan in 1984 with the acquisition of a knitting mill in Montreal, Quebec, Canada, to make fabric to supply Harley Inc., the childrenswear business already owned by the family. It later expanded to sell t-shirts made of 100% cotton to wholesalers, which resold them to Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Basics
Food Basics Ltd. is a Canadian supermarket chain owned by Metro Inc. The company operates over 130 stores throughout Ontario. History Food Basics was created by A&P Canada to compete with the successful No Frills warehouse-style supermarket operated by Loblaw Companies. It became part of the Metro group when A&P Canada was sold to Metro for $1.7 billion in 2005. Food Basics lowers its prices in a number of ways: low maintenance (no free plastic bags, just free cardboard boxes), store decor is kept to a minimum, and fewer staff are employed, mostly in part-time positions. The chain operates by pushing higher volumes on a limited selection of products than Metro stores, allowing it to compete price-wise with other grocery stores. There were 117 locations in Ontario. 36 were franchise stores until Metro Inc. purchased all stores back by the end of 2008. Some Food Basics feature a pharmacy known as Food Basics Pharmacy. Some locations are former Super Fresh or A&P supermarket ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Great Atlantic & Pacific Tea Company
The Great Atlantic & Pacific Tea Company, better known as A&P, was an American chain of grocery stores that operated from 1859 to 2015. From 1915 through 1975, A&P was the largest grocery retailer in the United States (and, until 1965, the largest U.S. retailer of any kind). A&P was considered an American icon that, according to ''The Wall Street Journal'', "was as well known as McDonald's or Google is today".. At its peak in the 1940s, A&P captured 10% of total US grocery spending. Known for innovation, A&P improved consumer's nutritional habits by making available a vast assortment of food products at much lower costs. Until 1982, A&P also was a large food manufacturer. A&P was founded in 1859 by George Gilman as "Gilman & Company", who opened a small chain of retail tea and coffee stores in New York City, and then expanded to a national mail order business. The firm grew to 70 stores by 1878; by 1900, it operated almost 200 stores. A&P grew dramatically by introducing the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AT&T
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile telephone services in the U.S. , AT&T was ranked 13th on the ''Fortune'' 500 rankings of the largest United States corporations, with revenues of $168.8 billion. During most of the 20th century, AT&T had a monopoly on phone service in the United States. The company began its history as the American District Telegraph Company, formed in St. Louis in 1878. After expanding services to Arkansas, Kansas, Oklahoma and Texas, through a series of mergers, it became Southwestern Bell Telephone Company in 1920, which was then a subsidiary of American Telephone and Telegraph Company. The latter was a successor of the original Bell Telephone Company founded by Alexander Graham Bell in 1877. The American Bell Telephone Company formed the American Tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Art Van Furniture
Art Van Furniture Inc. was an American furniture retail store chain, with stores across the Midwestern United States. Founded in 1959, the company was headquartered in Warren, Michigan, and claimed to be the largest furniture retailer in the Midwest at its peak. In 2020, the company filed for bankruptcy and closed all of its stores. History Archie "Art" Van Elslander founded Art Van in 1959, opening his first store in a 4,000 square-foot space at 10 Mile Road and Gratiot Avenue in East Detroit. He expanded to three stores in that same year, and a fourth store opened in 1960. His first employee was not hired until this time. Art Vans Furniture, as it was then known, opened with mostly modern and Danish-style furniture. By 1963, Van Elslander owned seven stores and had taken on some partners, including his brother, Bob Van Elslander, Don Fox and Bob McEachin. The following year, three of those stores were sold off, however Van Elslander expanded the chain in the 1970s and in 1973 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wet Seal
Wet Seal is an American fast fashion retailer, headquartered in Los Angeles, California. The retailer specializes in selling clothing and accessories. The company was founded in Newport Beach, California, by Lorne Huycke in 1962 as "Lorne's". The "Wet Seal" name is derived from a comment Huycke made during a fashion show commenting that a model wearing a bathing suit looked like a "wet seal." The company was incorporated as Wet Seal in 1990. History 1995–2014 In 1995, Wet Seal acquired 237 Contempo Casuals stores from the Neiman Marcus Group. Contempo Casuals would continue to use its own name until 2001, when the remaining stores were converted into Wet Seal stores. The company then launched the Arden B. brand in November 1998 and changed most of the remaining Contempo Casual names to Arden B. In June 2010, the Blink by Wet Seal concept was announced. By 2014, the company had 478 Wet Seal stores and 54 Arden B stores across 48 states and Puerto Rico. In 2014 Wet Seal announc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arden B
Wet Seal is an American fast fashion retailer, headquartered in Los Angeles, California. The retailer specializes in selling clothing and accessories. The company was founded in Newport Beach, California, by Lorne Huycke in 1962 as "Lorne's". The "Wet Seal" name is derived from a comment Huycke made during a fashion show commenting that a model wearing a bathing suit looked like a "wet seal." The company was incorporated as Wet Seal in 1990. History 1995–2014 In 1995, Wet Seal acquired 237 Contempo Casuals stores from the Neiman Marcus Group. Contempo Casuals would continue to use its own name until 2001, when the remaining stores were converted into Wet Seal stores. The company then launched the Arden B. brand in November 1998 and changed most of the remaining Contempo Casual names to Arden B. In June 2010, the Blink by Wet Seal concept was announced. By 2014, the company had 478 Wet Seal stores and 54 Arden B stores across 48 states and Puerto Rico. In 2014 Wet Seal anno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hill (newspaper)
''The Hill'' is an American newspaper and digital media company based in Washington, D.C. that was founded in 1994. Focusing on politics, policy, business and international relations, ''The Hill''s coverage includes the U.S. Congress, the presidency and executive branch, and election campaigns. ''The Hill'' describes its output as "nonpartisan reporting on the inner workings of Government and the nexus of politics and business". The company's primary outlet is TheHill.com. ''The Hill'' is additionally distributed in print for free around Washington, D.C. and distributed to all congressional offices. It is owned by Nexstar Media Group. History Founding and early years The company was founded as a newspaper in 1994 by Democratic power broker and New York businessman Jerry Finkelstein, and Martin Tolchin, a former correspondent for ''The New York Times''. New York Representative Gary L. Ackerman was also a major shareholder. The name of the publication alludes to "Capitol Hill" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ascena Retail Group
Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores. Chairman Emeritus Elliot Jaffe and his wife and co-founder, Roslyn, own about 25% of Ascena. History Founding and growth (1962–2019) The first Dressbarn was opened in February 1962 in Stamford, Connecticut, by Roslyn Jaffe. Jaffe saw the opportunity to provide wear-to-work dresses and clothing for the working woman during a time when women were entering the workforce in greater numbers. The company began trading on NASDAQ (symbol DBRN) in 1982. In January 2011, to reflect its broader holdings, the company was reorganized as a Delaware corporation named Ascena Retail Group, Inc. The company's NASDAQ symbol also changed to ASNA in 2011. In 2005, Ascena Retail Group acquired Maurices Inc. from American Retail Group. The name Ascena is derived from the previous parent company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ann Inc
Ann Inc. is an American group of specialty apparel retail chain stores for women. The company headquartered in New York City and currently operates as a subsidiary of Ascena Retail Group. The stores offer classic-styled suits, separates, dresses, shoes and accessories. The brand is marketed under five divisions: Ann Taylor, Loft, Lou & Grey, Ann Taylor Factory, and Loft Outlet. History Richard Liebeskind, the founder of Ann Taylor, opened his first Ann Taylor store in New Haven, Connecticut, in 1954. "Ann Taylor" was the name of a best-selling dress at Liebeskind's father's store. Both the best-selling dress and the name ''Ann Taylor'' were given by the father to his son, Richard Liebeskind, for good luck. Liebeskind decided to go with the name Ann Taylor because ''Ann'' was considered a very New England name, and ''Taylor'' evoked the image of tailored clothing. The name supposedly created the ideal identity of classic women's apparel. In May 1991, the company completed an in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toledo, Ohio
Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and according to the 2020 census, the 79th-largest city in the United States. With a population of 270,871, it is the principal city of the Toledo metropolitan area. It also serves as a major trade center for the Midwest; its port is the fifth-busiest in the Great Lakes and 54th-biggest in the United States. The city was founded in 1833 on the west bank of the Maumee River, and originally incorporated as part of Monroe County, Michigan Territory. It was refounded in 1837, after the conclusion of the Toledo War, when it was incorporated in Ohio. After the 1845 completion of the Miami and Erie Canal, Toledo grew quickly; it also benefited from its position on the railway line between New York City and Chicago. The first of many glass manufacturers arr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
