Kmart
Target, Walmart, and Kmart all opened their chains at about the same time in the 1960s and were seen as three retail giants. However, soon there might be only two competitors in the game. Kmart closed more than 150 locations in 2018 and has no plans of stopping in 2019, with at least 53 closings planned already. Back in 2000, Kmart had over 2,200 stores open in the United States, and today, less than 200 stores are still open.
Kmart
Party City
In a normal year, Party City closes between 10 and 15 stores across the country, but this year is different. They’re closing 55 stores in the United States. The world is currently facing its third helium shortage in only 14 years, which obviously wasn’t helpful for Party City’s business when most of their customers come to buy balloons. Party City claims that the helium shortage isn’t their full reason for closing all those stores, rather that they are trying to focus on improving their more profitable stores instead of helping failing ones.
Party City