How many department stores in the us

The chain has announced the permanent closure of 47 Chuck E. Cheese stores, which have been hit especially hard by pandemic-related shutdowns. The company said it will close up to 1, stores across the nation. Summary: Gym chain 24 Hour Fitness filed for bankruptcy mid-June after shuttering its locations for months due to Covid It will permanently close gyms, leaving roughly locations across the nation. Summary: Bakery and cafe chain Le Pain Quotidien filed for bankruptcy in May, but its filings revealed that the company had planned to do so pre-pandemic.

The chain, which originated in Belgium, was rescued from liquidation when it subsequently sold all of its 98 locations to food brand Aurify, allowing at least 35 stores to continue operations. This reportedly marks the third bankruptcy filing for the rental car company, having previously filed in and The rental car industry saw demand plummet as travel halted amid nationwide shutdowns.

In June, Hertz stock rallied by as much as 10x, which led to Hertz attempting to sell new shares of its stock — a move soon revoked when the SEC began looking into the sale. As part of its Chapter 11 filing, the brand collective entered into a restructuring support agreement with its lenders and will emerge as a private company.

The company said in September that it expects to exit bankruptcy by the end of October. Summary: Department store chain JCPenney was another early victim of the Covid crisis, declaring bankruptcy in mid-May. JCPenney has been beleaguered with problems for the past decade, many of them self-inflicted due to poor executive decisions. Department store chains like Stage Stores have been especially at risk amid the pandemic, as the shift to online shopping has accelerated.

Summary: Discount home goods chain Tuesday Morning filed for Chapter 11 bankruptcy in May, citing Covidinduced store closures. The company plans to restructure and close approximately locations, leaving stores remaining across the US, and is currently seeking buyers.

Summary: Luxury retailer Neiman Marcus was another major national retailer to file for Chapter 11 bankruptcy amid the coronavirus crisis, but it exited in September under new owners, including Pimco, Davidson Kempner Capital Management, and Sixth Street. Like many other retailers, it faced problems stemming from before the pandemic, especially after a private equity buyout that saddled the company with debt.

The department store chain, which owns Bergdorf Goodman, struggled to adapt to e-commerce, and its heavy debt burden prevented it from being able to compete against rivals like Farfetch and Net-a-Porter..

The Montreal-based retailer has failed to gain a foothold in the growing casual footwear market in recent years. Summary: Luxury menswear brand John Varvatos declared bankruptcy in May.

The company suffered in when Nordstorm pulled some of its brands out of its department stores, resulting in a sharp plunge in profit. Amid the pandemic, the company had to temporarily close approximately gyms globally and permanently close 30 locations. The company said that it plans to emerge from bankruptcy by August and will continue to operate as it restructures.

Summary: The owner of J. Crew and Madewell was the first national store brand in the US to file for bankruptcy since the Covid pandemic began. Store closures decimated sales and derailed IPO plans for Madewell, which has garnered more success and popularity than J. Crew in recent years. The company continued operating through its bankruptcy, which it emerged from in September.

Summary: Toronto-based clothing retailer Roots is shuttering the majority of its 9 US stores, which have represented only losses for the brand.

It says it expects to exit bankruptcy in October. Summary: Art Van Furniture sold a fifth of its stores in its Chapter 11 bankruptcy filing, which was later converted to a Chapter 7. The furniture retailer was once one of the largest in the Midwest, with nearly locations.

Summary: D2C retailer Bluestem Brands filed for Chapter 11 bankruptcy in March, citing poor holiday performance and a prolonged liquidity crunch. The filing came with a deal to sell itself to private equity firm Cerberus Capital Management LP, which was completed in August.

Summary: After filing for bankruptcy in February, home goods retailer Pier 1 Imports shuttered all of its retail stores as Covid battered the already-vulnerable company. Summary: Schurman Fine Paper , which owns stationery chain Papyrus , filed for bankruptcy in January. It said it would close all stores in North America.

The advent of email and text messaging effectively devastated the greeting card industry, and the company says it was never able to fully recover from the Great Recession. Summary: New York-based grocery chain Fairway declared bankruptcy in January and will close up to 5 of its 14 locations.

The chain filed for bankruptcy previously in , after going public in Summary: Destination Maternity filed for Chapter 11 bankruptcy in October, reportedly attributing its financial struggles to a confluence of factors, including declining birth rates, retail trends, and leadership turnover. In early December, Marquee Brands acquired the brand, which will likely close all retail stores in favor of an online shop. Summary: The high-end candy brand Sugarfina filed for Chapter 11 bankruptcy in September.

Despite several consecutive years of year-over-year revenue increases, it began taking accelerating losses in Summary: Forever 21 filed for Chapter 11 bankruptcy in September and plans to close hundreds of stores as it restructures.

However, the company said it does not plan to go out of business and is instead using the bankruptcy filing to restrategize and shore up its future. Part of its restructuring is shrinking its global footprint and withdrawing from 40 countries where it previously operated stores. In addition to its US operations, Forever 21 will reportedly continue to operate in Mexico and Latin America, while largely reducing its Asian and European interests. The news was not particularly surprising, as the chain had been visibly struggling earlier in the year.

Summary: After filing for Chapter 11 bankruptcy in August, luxury department store Barneys New York announced in early November that it would launch liquidation sales in several locations.

It previously filed for bankruptcy in January Although its flagship New York City store will reportedly remain open for the next year, the brand is moving swiftly to sell off inventory as licensing company Authentic Brands takes over ownership. Authentic Brands is said to be entertaining a licensing deal with Saks Fifth Avenue.

The New York Times reported that the loss of its identity and the struggle to move online contributed to the downfall of Barneys New York. Summary: Avenue , a plus-size clothing brand for women, pursued Chapter 11 bankruptcy in August. However, it converted its case to Chapter 7 in November. With an increase in plus-size offerings from a range of clothing companies, Avenue struggled to hold onto its market share. The company first filed for Chapter 11 in January , citing expansion problems and hurricane damages as reasons for its monetary woes.

The San Antonio brand was unable to recover following that filing, and it announced that it will close all of its retail stores in light of its second bankruptcy. However, it was reported that the brand is now under new ownership, as its social media page announced a relaunch of the online store in November.

Summary: Charming Charlie filed for bankruptcy for the second time in July The debt to equity ratio also provides information on the capital structure of a business, the extent to which a firm's capital is financed through debt. This ratio is relevant for all industries. This is a solvency ratio indicating a firm's ability to pay its long-term debts, the amount of debt outstanding in relation to the amount of capital.

The lower the ratio, the more solvent the business is. Net fixed assets represent long-term investment, so this percentage indicates relative capital investment structure.

It indicates the profitability of a business, relating the total business revenue to the amount of investment committed to earning that income. This ratio provides an indication of the economic productivity of capital.

This percentage indicates the profitability of a business, relating the business income to the amount of investment committed to earning that income. This percentage is also known as "return on investment" or "return on equity.

This percentage, also known as "return on total investment," is a relative measure of profitability and represents the rate of return earned on the investment of total assets by a business. The higher the percentage, the better profitability is. This percentage represents the total of cash and other resources that are expected to be realized in cash, or sold or consumed within one year or the normal operating cycle of the business, whichever is longer.

This percentage represents all claims against debtors arising from the sale of goods and services and any other miscellaneous claims with respect to non-trade transaction. It excludes loan receivables and some receivables from related parties.

This percentage represents tangible assets held for sale in the ordinary course of business, or goods in the process of production for such sale, or materials to be consumed in the production of goods and services for sale. It excludes assets held for rental purposes. This percentage represents all current assets not accounted for in accounts receivable and closing inventory. This percentage represents tangible or intangible property held by businesses for use in the production or supply of goods and services or for rental to others in the regular operations of the business.

It excludes those assets intended for sale. Examples of such items are plant, equipment, patents, goodwill, etc. Valuation of net fixed assets is the recorded net value of accumulated depreciation, amortization and depletion. This figure represents the average value of all resources controlled by an enterprise as a result of past transactions or events from which future economic benefits may be obtained.

This percentage represents obligations that are expected to be paid within one year, or within the normal operating cycle, whichever is longer. You can subscribe to our store data plans and get datasets with data points such as store openings, store closures, parking availability, in-store pickup option, services, subsidiaries, nearest competitor stores, and much more.

There are 1, Target stores in the US. California has the highest number of Target stores. City with most Target stores is Chicago Three major dollar store chains account for more than 32, stores - but where are they located? Your email address will not be published. Please let us know how we can help you and we will get back to you within hours. Insights in Brief: There are more than 4, department stores in the US. California is the state with the highest number of department stores.

We can help with your data or automation needs Turn the Internet into meaningful, structured and usable data. Please DO NOT contact us for any help with our Tutorials and Code using this form or by calling us, instead please add a comment to the bottom of the tutorial page for help. With an industry as hurt as this one, there must be a shift of strategies to halt the deterioration that has been haunting department stores over the last decade.

Changing the store location from shopping centers to smaller branches or open-air malls, redesigning stores to work as showrooms, and with no doubt, creating a seamless omnichannel strategy, are some of the approaches department store retailers can and are undertaking to resurge. Other strategies include curating the product range, allowing click and collect , showcasing brands available exclusively online, and having a selection of second-hand items.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text. Top U. Leading companies Net sales of Macy's worldwide. Store closures and bankruptcies JC Penney store closures.

Consumer behavior Preferred U. Interesting statistics In the following 5 chapters, you will quickly find the 31 most important statistics relating to "Department Stores in the U. Statistics on the topic.