Showing posts with label J.C. Penney. Show all posts
Showing posts with label J.C. Penney. Show all posts

Tuesday, November 7, 2017

Will your favorite department store close?


Remember the days when Montgomery Ward was one of the retail stores you depended on for cheap prices, along with Sears? MW retail operations went out of business long ago and their rival, Sears, appears to be having trouble. They are closing 63 Sears and Kmart stores, along with J.C. Penney 138 stores, Macy's shuttering 68 stores, Radio Shack 1,000 stores. The brick and mortar closings are a result of the American public's decision to shop online. First it was junk mail in your mailbox but all this quickly switched to online shopping with Amazon breaking out as the leader. It's only a matter of time before many of these retail locations are history...just like Montgomery Ward.

History of the fall of Macy's, JCPenney, and Sears...

These major retailers are all closing stores...

Nordstrom has also lost shoppers...

List of 2017, store closings with numbers...

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