This list was initially compiled in May 2020 utilizing Kmart's online store directory and then doing research through various news reports, phone calls to stores and message boards to verify the number of stores remaining open. We stand by the accuracy of this list recently cited in Forbes.Special July 12, 2021 update: The last Kmart … Continue reading How many Kmarts are left in the United States?
We continue our series on dead malls with the Galleria at Pittsburgh Mills in Tarentum, Pennsylvania. The Galleria at Pittsburgh Mills, colloquially known as Pittsburgh Mills, opened in summer 2005 to great fanfare as the second-largest shopping complex in western Pennsylvania. It started out with three anchor stores JCPenney, Kauffmans (which eventually became Macy’s), and … Continue reading Dead Malls: Galleria at Pittsburgh Mills, Tarentum, Pennsylvania.
This piece is a continuation on our series keeping tabs on classic retail chains as they, unfortunately, fade into the rearview. This list is solely for full line Sears stores, Sears Grand, Sears Appliance & Mattress, and Sears Home Life stores. This list does not include owner operated Sears Hometown Stores. As we noted in … Continue reading How Many Sears Stores Are Left?
This piece was originally published April 20, 2020 and updated January 31, 2021 to reflect recent calls by Chamath Palihapitiya. "You keep saying propping up zombie companies...are you arguing to let airlines, for example, fail?""Yes."A stunned Scott Wapner, a longtime CNBC host, stammers and stutters..."why? How does that make sense in the broader scheme of … Continue reading Who is Chamath Palihapitiya? A different type of populist billionaire
What happened to the Verizon ringback tone? As if Millennials needed another reminder of our own aging, Verizon has announced full discontinuation of ringback tones and ringtones. The iconic tones shaped so many of us who were coming of age in the early to mid 2000's. The decision: what song do I want to play … Continue reading Verizon Says Goodbye to Ringback and Ringtones
Is Stein Mart Bankrupt? Stein Mart, the storied chain that began in 1908 with a first location in Greenville, Mississippi by Russian Jewish immigrant Sam Stein, recently filed for Chapter 11 bankruptcy due to the COVID-19 pandemic back on August 12, 2020. All 281 stores across 30 U.S. states will be liquidated. We will examine … Continue reading What Happened to Stein Mart? The Rise and Fall of the Department Store Chain
Post last updated May 16, 2021. According to JCPenney's official website, there are "approximately 850" remaining locations, but the company announced a list of 154 stores closing on June 6, 2020 in the wake of their Chapter 11 bankruptcy filing in May 2020. (This was revised and is now 152 stores). On June 23, 2020, … Continue reading How many JCPenney stores are left?
To put it simply, the American retail icon Sears has had by all metrics a terrible decade. Their last profitable year was 2010. The store count has nearly vanished and the below chart from Business Insider is shocking, but not too surprising to see. They also spun off or sold their most valuable assets, the … Continue reading Sears at Christmas in 2019
We begin our series on fleeting retail where we will explore the transition of American commerce from places like malls to largely either online sales, discount retailers, or high end shopping. The middle American mall is fading and Credit Suisse estimated in 2017 that 20-25% of American malls will close by 2022. Columbia Mall, Bloomsburg, … Continue reading Dead Malls: Columbia Mall / Columbia Colonnade, Bloomsburg, Pennsylvania
I remember walking into an H&M for the first time in roughly 2005. As someone born and raised in a rural area in the northeast, I had not encountered clothing that was both “cool” and affordable until this very moment. Like many others in this era, I was mesmerized by the concept of hip clothes … Continue reading Does Forever 21’s bankruptcy signify the fall of fast fashion?