These Big Stores Are About To Shut Down This Year And Here’s Why

Published on 07/06/2021
ADVERTISEMENT

Stage Stores

Stage Stores was a department store company that specialized in retailing discount brand name apparel, cosmetics, accessories, and footwear. After some time it became clear that they were unable to compete with other big stores such as Walmart and Target. In May 2020, Stage Stores filed for bankruptcy even though they seemed to be doing finically well.

Stage Stores

Stage Stores

ADVERTISEMENT

DressBarn

DressBarn.com is an online retailer that operated between 1962 and 2019. Before they announced their permanent closure, the retailer had approximately 650 locations across the USA. It appeared during all of this that they had been struggling financially which is what pushed them to shut down all their stores. However, they still have more profitable brands like Ann Taylor, Loft, and Lane Bryant which they are focusing on.

Dressbarn

Dressbarn

ADVERTISEMENT