It’s a sad year for Toys R Us and many other retailers. Here’s where to find store-closing sales.
25. J.C. Penney
After closing nearly 140 stores last year, J.C. Penney is at it again in 2018. The department store chain says eight locations, from California to New Jersey, will be out of business before summer. Penney’s, which has been losing money for years, also plans to close a distribution center in Wisconsin this summer.
Macy’s closed around 70 of its department stores in 2017 and started off 2018 by announcing it would shut down nearly a dozen more. The company says it wants to focus on its stores that are top moneymakers, and on its website. Macy’s has a strong presence online and is hungry to win over more shoppers there.
Crocs — the company that makes those colorful, rubbery clogs with the holes — has been shrinking its “footprint.” In other words, scaling back the number of brick-and-mortar stores it operates.
When it had 558 stores in March of 2017, the funky footwear firm said it wanted to reduce that tally to 400 by the end of 2018. At the beginning of this year, Crocs was still about 50 closings from its target.