GameStop
Within the last two years, GameStop has shuttered hundreds of stores. This will continue in 2021. Recently, the video game retailer shared its intentions to shut down over a thousand outlets prior to the closure of its fiscal year. The closures are here after nearly a decade of difficulties that plagued the retail giant. It had a net loss of $458 million in 2018 that it tried to recoup with a number of debts.
Sears
In 2018, Sears declared bankruptcy and shuttered most of its stores within the two years before that. Operated by Transformco, it is now witnessing a blow to its sales. CNN said that the retailer is now going through a “slow-motion liquidation” process and plans to resume its store closures in the following year. They have also listed a couple of sites with the help of commercial realtors.