24. Express
Year Established: 1980
Store Closures: 60 Branches*
Express, a retailer of formal garments, declared at the beginning of January 2020 that it would be making some cuts, which would take effect by 2022. In 2020, the closures would start. Express declared that it would start closing 100 locations in January. It plans to close 31 stores in 20 states this year, starting with mall locations in California. Express soon increased that number from its first announcement that it will close 91 outlets. Twenty-five further closures are scheduled for 2021, with the remaining ones occurring in 2022. Express made the decision to close as it battles low sales figures, most likely prompted by the growth of e-tail.
24. Express
25. Modell’s
Year Established: 1889
Store Closures: 134 branches (all stores)*
Modell’s Sporting Goods, one of the oldest businesses on the list, has been a fixture in the sporting goods business for a long time, holding their own against former industry titans like Sports Authority, Dick’s, and Galyan’s. Since the majority of sporting goods can now be purchased online for less money, they are also starting to face difficulties. Since going bankrupt, Modell’s has had 134 stores close in 2020–2021, closing all of its physical locations. A significant rival of Dick’s Sporting Goods, Modell’s, declared bankruptcy in March 2020 after failing to adjust to a shifting market and “failing to invest.” Shortly after, Modell’s announced that it will be closing its branches and focusing only on its online business starting in 2021 and 2022.
25. Modell’s
