32. Williams-Sonoma
Year Established: 1956
Store Closures: 30 Branches (reducing by a further 25% over the next five years)*
Pottery Barn, Williams-Sonoma Home, and West Elm are just a few of the beautiful kitchen and home furnishings and appliances that Williams-Sonoma is known for carrying. The business was founded more than 50 years ago and has grown to become one of the largest e-commerce conglomerates in the world. In light of this, it’s possible that the company’s decision to close about 30 of its physical store locations at the end of 2017 didn’t come as a huge surprise. The business says it intends to cut its physical footprint by a further 25% over the next five years, despite the fact that its brand is still growing globally and turning a profit each year.
33. Denny’s
Fans of Denny’s in New York will be disappointed to hear this. In 2020, Denny’s declared it would close fifteen of its locations permanently, resulting in the layoff of more than 500 employees. The state’s WARN notifications placed the blame on “unforeseen” worldwide situational problems. The same franchisee, Feast American Diners, owned all of the Denny’s restaurants. Customers question whether the shutdown will affect more than just a few Denny’s locations, given that Feast operates 230 eateries nationwide, including Corner Bakery Café and Jack in the Box, throughout ten states. Rochester, New York, is the most severely affected of all the areas where Denny’s shutdown are anticipated to last into 2021 and beyond.