More and more people are shopping online. Unfortunately, this means more stores are headed to bankruptcy and liquidation. Sears, Claire’s and Nine West Holdings are among seven chains at high risk for closing a major amount of their stores. Other chains at risk include True Religion Apparel Inc., 99 Cents Only Stores LLC, Nebraska Book Co. and Rue21 Inc.
Heading out to the mall is not as popular as it used to be. Now, we point and click. Then, sit back and wait for out purchases to arrive. It’s just too easy. The consequence of this is losing many stores. Especially popular stores in malls.
If you love and shop at any of these stores, watch for possible liquidation sales. Most of them will still be available online. It’s just sad to see so many of them go.
What are your thoughts?
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