Add the Gap to the long list of stores planning to close their doors. The company announced plans to close around 200 Gap and Banana Republic stores that are underperforming over the next three years.
Say goodbye to Payless shoes in central New York. The company filed Chapter 11 bankruptcy earlier this year and announced the closing of 400 stores. 400 more are on the chopping block including several in central New York.
The store closure trend is far from over. We've lost a number of retailers in central New York including Sears and K-Mart but more could be on the way, a lot more.
Just last month, J.C. Penney announced it plans on closing anywhere from 130 - 140 stores. No list has been released yet to show whose closing, however, we may start to see whose closing through predictions.
"Ow ya goin mate?" Several Outback Steakhouses are closing. Bloomin' Brands, that owns Outback, Carrabba's and Bonefish Grill announced plans to close 43 "underperforming restaurants."
Sears already closed in Sangertown Square. Will Macy's be the next department store to leave the mall? Shoppers in New Hartford have seen businesses come and go from the long-standing shopping center and the potential loss of the retail giant would be another huge blow.