Our Beloved Chain Stores That Are Closing Down This 2023

Published on 11/12/2023
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20. Chico’s

Year Established: 1983
Store Closures: 100 Branches*

Chico’s, which has hundreds of locations around the country, has stated that it will close about 100 of those shops by 2022. This comprises numerous stores under the Chico’s name, such as the original Chico’s stores, in addition to a few dozen Soma and White House Black Market locations. Within a decade of its founding in 1983, Chico’s rose to prominence as one of the women’s fashion shops with the quickest rate of growth. Stars like Martha Stewart and Oprah (who especially adored their Silver Ox Cuff Watches) gave the company a significant boost.

20. Chico’s

20. Chico’s

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21. Office Depot

Year Established: 1986
Store Closures: Unknown*

With its headquarters located in Florida and more than a thousand sites across North America, Office Depot is one of the biggest office supply companies in the United States. Over the years, the corporation has made every effort to contend with Amazon and other heavyweights of e-commerce. A decline in stock prices in 2019 as a result of weak sales led the company to announce the closure of several dozen outlets before to the start of the 2020 fiscal year. The corporation declared in early May 2020 that by the end of 2023, it will be restructuring and closing stores in addition to laying off 13,000 employees.

21. Office Depot

21. Office Depot

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