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.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.