Tiffany & Co.
This brand is iconic and has secured its place in pop culture but the 200 year old brand is now going down. Millennials are opting for more practical gifts for their loved ones and are also foregoing the tradition of marriage altogether.
Tiffany & Co.
Wheaties
This classic breakfast option has been self-coined as the breakfast of champions. The reason it’s on a downward path is that millennials are always on the go. This means no sitting down and eating breakfast, and, therefore, no more Wheaties.
Wheaties
Lord & Taylor
With nine stores closing in 2019, things are not looking up for Lord & Taylor. The department stores, usually found in malls, are known for their Christmas time store windows. Now, they are hoping that partnering with Walmart will help sales.
Lord & Taylor
Kodak
The answer to the downfall of this brand is easy: cellphones. Smartphones now have built-in everything, including cameras. This brand has been bankrupt since 2012 and won’t recover any time soon with social media and digital files flourishing these days.
Kodak
Harley Davidson
Not many millennials are keen on traffic and carbon pollution. This is why they opt for public transportation or taxi apps like Uber or Bolt. This means Harley and its reputation as a luxe brand of motorbikes is no more.
Harley Davidson
Jell-O
Jell-O is so iconic as a brand that is almost synonymous with jelly as a food, but it is not safe from millennial neglect. Much like Campbells, it is simply too processed and the brand not adapting doesn’t help.
Jell-O
Gap
Gap Inc, Gap’s parent company, is battling to change so much that it plans on closing hundreds of stores in the next few months. The problem with Gap is that there is not much variety in its designs or marketing.
Gap
Chevrolet Volt
These electric cars are no longer being made as of March 2019, according to General Motors. Although it is more environmentally conscious, people would much rather be driving SUVs and pickup trucks for the convenience and luxury they may bring.
Chevrolet Volt
Chef Boyardee
Cheap, easy meals don’t cut it anymore. Chef Boyardee has been around for generations, but its parent company has recently revealed that it isn’t earning as much as it used to but things have turned since they introduced high-quality ingredients.
Chef Boyardee
With new apps like Instagram taking its shine, Twitter has recently declined. It was for sale in 2016 but the buyers refused to cut a deal likely because of the drop in users. It is still popular with some of the younger generation, though.
Victoria’s Secret
This brand has made headlines for recently canceling its annual fashion show, but the stores might be closing down too. It’s no longer approachable and this drives customers away. They much prefer online shopping and buying brands with more inclusive size ranges.
Brands Victoria’s Secret
SlimFast
This company has recently been sold for $350 million, which is much less than it used to be valued at in 2000. People are looking away from processed easy solutions to diet, and are introducing fresher ingredients into their regiments.
SlimFast
Kenmore
Sears is going to disappear, and its appliance range is going with it. Their designs are simply outdated, and as a result, they don’t compete with top brands anymore. Sears is even looking to sell Kenmore because of its downfall.
Kenmore
Apple iPod
Thanks to the iPhone, the iPod is slowly becoming obsolete. It was a top seller in its heydays but is now inconvenient thanks to the iPhone having a music app on it already. Now only one iPod exists, the Touch.
Apple IPod
Crocs
These shoes get the most hate for their unique design. But the problem isn’t the purchasing of them, it’s that they are just too well made. They are so good that they last forever, mean leaving no room for repeats.
Crocs
Forever 21
This once unstoppable company has filed for bankruptcy protection and plans to restructure to keep the company going. “This was an important and necessary step to secure the future of our Company,” said Executive Vice President Linda Chang about the move.
Forever 21
Starbucks
Starbucks is one of the most recognizable brands in the world so it would be safe to assume that things are going smoothly, right? Not so much – in fact, 150 stores are closing, most likely moving to a better location.
Starbucks
Diet Pepsi
Diet Pepsi was popular in the 90s and has been endorsed by celebs. These days, millennials prefer much healthier drinks.
Diet Pepsi
Macy’s
The move outlined by Macy’s was to close about seven stores, which they announced in January 2018. Their plan was to streamline the business and restructure to adapt to the sales environment, but this also means 5000 employees being fired.
Macy’s
CVS
CVS is even closing down. Who knew the pharmaceutical giant could suffer too? With 46 stores out of 9000 closing, it’s a far cry from the situation of other companies nowadays. The biggest CVS is one of the stores closing.
CVS
Fiat
Smaller cars are no longer seen as ‘zippy’ and cute. Fiat’s reputation in the US is not great, with it providing bumpy rides. The hope is not lost, though, as the company is now branching into more popular vehicle designs.
Fiat
Budweiser
No longer the “King of Beers”, this brand dropped to number 4 in domestic beer sales for the US and continues to go down. Beer just no longer cuts it for sales as people are demanding creative and exciting drinks.
These Brands Are Disappearing And Soon They’ll Be Gone
Topshop
It’s burst onto the US scene was welcomed with monumental sales and a great reputation. With eleven stores closing, the parent company has filed for bankruptcy, the reason being “challenging retail headwinds, changing consumer habits, and ever-increasing online competition.”
Topshop
Walmart
Even Walmart isn’t safe. The retail giant has taken a bit of a hit. It is closing seventeen stores in 2019 but has not actually addressed it and hundreds of employees are now on the search for a job again.
Walmart
J. Crew
Malls are becoming a dying breed and this has had a huge impact on J Crew. About 20 stores nationwide are closing including the older Manhattan stores and J. Crew is allegedly hoping to make a quiet exit from retail.
J. Crew
J.C. Penney
With catalog shopping going down, J.C. Penny is going down with it. The most recent holiday season saw J.C. Penney’s stock drop below $1 for the first time ever, meaning that J.C. Penney will be closing down 27 stores.
J.C. Penney
Nordstrom
Nordstrom is renowned for great customer service and high-end goods, so it’s shocking that it may be going out of business. There is still hope for it as only a few stores are closing down but its profits are falling.
Nordstrom
Kohl’s
Kohl’s has actually recently been praised as being more convenient than malls but is still dropping in terms of profit. About eight stores have been closed this year and it looks like there will be no upward spiral anytime soon.
Kohl’s
Campbell’s Soup
Campbell’s Soup has all the ingredients for success. The problem is that it is processed and this is a ‘no-no’ for health conscious millennials. Even though the brand is trying to move towards organic, nothing is going to save it.
26 Famous Brands That Are Disappearing Forever
Christopher & Banks
This women’s clothing chain has planned to close about 40 of its stores due to a recent mix up. The executives confessed that the stores had actually ordered way more than they could sell for the Spring 2018 season.
Christopher & Banks
Francesca’s
With online shopping, this women’s accessory retail chain is having trouble getting foot traffic in its stores. The CEO, Steve Lawrence, has announced their plan for more exciting displays that will lure people in. Still, about 40 stores are closing.
Francesca’s
Bed Bath & Beyond
This chain known for great savings is closing down 40 stores in 2019 but not for lack of profit. The company is actually refusing to pay increasing rent in these locations and would rather close its less successful locations down.
Bed Bath & Beyond
Z Gallerie
Z Gallerie, a furniture chain, has not escaped bankruptcy either. After closing 44 stores, it will only have 34 left, which doesn’t leave much hope for the future. The positives are great sales for customers thanks to liquidation of stock.
Z Gallerie
The Children’s Place
With having one more back-to-school season left, The Children’s Place is in trouble. The executives of the company have decided to close over 300 stores by 2020. Their only hope is their website, as they are now focusing on e-commerce.
The Children’s Place
Party City
A large chunk of 45 of Party City’s stores is closing down in 2019. The aim of shutting down so many stores is to keep things affordable for customers. A drop in helium balloons is the reason for lackluster profits.
Party City
Kmart
In 2000, about 2200 Kmarts were around but now only 360 remain. This isn’t surprising when you find out that the parent company is Sears, who is now bankrupt. Even more stores are closing down – around 50 – this coming year.
Kmart
Southeastern Grocers
Since they aren’t a brand with consistent names, it’s hard to tell they’re closing down. But 22 stores are closing in 2019 under the names of Winn-Dixie, Bi-Lo and Harveys. Shoppers just prefer stores with variety like Amazon or Walmart.
Southeastern Grocers
Lowe’s
Across North America, Lowe’s is planning to close down 51 stores. However, they still have 2000 more locations. The downsizing is a plan of “building a stronger business.” The stores closing are actually in areas filled by Lowe’s stores already.
Lowe’s
Office Depot
With Amazon thriving, Office Depot will be closing down 59 stores in 2019. This is the final part of the three year plan to close down 300 stores. No more Office Depot and OfficeMax for 60 locations in the US.
Office Depot
Destination Maternity
If being pregnant means swollen feet and constant backaches, so it’s no wonder pregnant women would rather lay on their couch and shop online. The company wants to close about 280 stores in total and is looking into online commerce.
Destination Maternity
Sears
With its smaller chains like Kmart closing, it’s no surprise that Sears is going bankrupt. It has closed about 70 stores and doesn’t show signs of slowing down. No profits mean that the CEO’s
hedge-fund is Sears’; only source of income.
Sears
Performance Bicycle
With 102 stores closing in 2019, Performance Bicycle was sure to garner some attention. Its parent company, Advanced Sports Enterprises has filed for bankruptcy protection as sports goods are not selling in-store anymore and the company is swimming in debt.
Performance Bicycle
Pier 1 Imports
Bowl-shaped Papasan chairs are the trademark of this company, but they weren’t enough to save it. In just a year, the company’s sales dropped by approximately 14%, which meant that up to 145 stores must be closed to save money.
Pier 1 Imports
Signet Jewelers
Having stores like Kay Jewelers, Jared The Galleria of Jewelry and Zales won’t pay off for Signet jewelers as they have to close down 150 stores in 2019. About 13% of the store’s locations are looking to be closed eventually.
Signet Jewelers
LifeWay Christian Stores
Not even religious stores are safe in today’s economy. About 170 stores are being closed this year, but the online sales are flourishing, according to executives. Now, the focus is being moved to marketing and research online to increase sales.
LifeWay Christian Stores
Things Remembered
Jewelry, key chains, oven mitts, door knockers, hip flasks, piggy banks, paperweights are all things you can get personalized in stores, but not for long as about 200 locations are being closed soon and the chain has filed for bankruptcy.
Things Remembered
Chico’s
Chico’s embodies the idea of ‘if you can’t beat them, join them’ as they have tried in the past to compete with Amazon, but have now decided to sell on Amazon. This investment online means that 250 stores are closing.
Chico’s
Charming Charlie
Having filed for bankruptcy for the second time in 2017, Charming Charlie has tried to stick around but isn’t seeing much profit. The true reason is rent. Leasing many store spaces is taking a lot of money they can’t pay.
Charming Charlie
Fred’s
This store is seeing half of its locations slashed thanks to the retail business always changing. It almost escaped a downward spiral by buying Walgreens and Rite-Aid when the two were supposed to merge, but unfortunately, the merge never happened.
Fred’s
Shopko
This chain hasn’t just slowly dwindled, it has gone altogether. The reason for this is that the company filed for bankruptcy in January and had completely tanked by June, so they decided to shut down. Why? The usual culprit – Amazon.
Shopko
Family Dollar
The sheer inexpensiveness of dollar stores saw them fit to survive the online commerce whirlwind, but not all are safe. Family Dollar stores are not only shutting down, but the other stores might become Dollar Trees later in the year.
Family Dollar
Charlotte Russe
This women’s clothing chain is an original, having been around since the 70s. Their original plan was to close down a fifth of their stores, but they later announced on their website that they would be shutting down stores completely.
Charlotte Russe
Dressbarn
Dressbarn is another women’s clothing store that is just not cutting it in recent times. They are closing 600 stores in 2019 to focus on more successful chains like Ann Taylor, Justice, and Loft. Not a total loss, but still.
Dressbarn
Tesla
The creator of Tesla is known for innovation, so the company has decided to be ahead of the times and will soon rely completely on online sales. There have been physical locations for marketing, but they will be shut down.
Tesla
Tim Hortons
Not even food is safe as this Canadian rand has suffered a loss with it’s US locations slowly going down in numbers. It remains popular in Canada, but dozens of American locations have been closing in the last few years.
Tim Hortons
American Apparel
This brand shut down way ahead of its competitors in 2017, with all 110 locations closing despite its fame. The brand will be making a comeback, though, as it was bought by the Canadian company Gilden Activewear for $88 million.
American Apparel
Footlocker
This brand is surprisingly looking up. The sportswear company has decided that, after earning much more than expected, they will be closing down stores but for a good reason. They plan to invest profit into the brand to upgrade it.
Footlocker
Toys R Us
There has been a lot of ups and downs for this retailer and the latest news is that they are facing incredible debt as well as pressure from their vendors to make a profit. They are working on coming back.
Toys R Us
Calvin Klein
The company plans to rebrand entirely, so it will close down stores in preparation. It has been rumored that their rebranding efforts have cost them a gargantuan $240 million, so it is clear that the company is not struggling financially.
Calvin Klein
Guess
Another iconic chain retailer lost to a multitude of reasons. Malls are just not as vibrant as they used to be and online shopping dominates. While Guess as a brand is thriving, its stores are dwindling and e-commerce is growing.
Guess
