34. Francesca’s
Year Established: 1999
Store Closures: 140 stores*
2020 was, as everyone knows, a terrible year for a lot of businesses. While some were able to move on unharmed, others were forced to reconsider. The 20-year history of fashion retailer Francesca’s wasn’t enough to preserve it completely. At the end of 2020, the Texas-based company announced its intention to close 140 of its 700 sites and filed for chapter 11. Even while many of the well-known websites are still operational, this establishes a concerning precedent for the business going forward. Faithful patrons wish for Francesca’s to withstand the storm.
35. Ralphs
Year Established: 1873
Store Closures: 2 stores*
Though it may seem unlikely, Ralph’s has been in operation since 1873. That’s a lengthy period of time for any store. The chain, which is owned by Kroger, is nonetheless well-known even if it isn’t as large as some other supermarkets. Unfortunately, two stores will be closing in 2021–2022, affecting some residents of Los Angeles. The locations on Pico Boulevard and West Slauson Ave will permanently close in the middle of the year, much to the dismay of the community. A brand representative acknowledged that it was basically damage limitation and that the company had suffered significant financial losses in 2020.