6 Beloved Stores You May Never Shop at Again Because of Coronavirus

Neiman Marcus, J. Crew, and David's Bridal are among those in jeopardy thanks to COVID-19.

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Businesses of all kinds have been hit hard by the COVID-19 pandemic. And while certain segments are better suited to weather the now months of mandated closures, others—such as retail chains and major department stores—may not be able to bounce back from the financial blow caused by the coronavirus. Unfortunately, that means that as states start to lift lockdown orders, consumers may find their favorite apparel brands in jeopardy of closing for good. With that, here are the beloved retail stores closing locations and filing for bankruptcy thanks to the financial fallout from the pandemic. And for more about how COVID-19 will change the way we live, check out the 5 Grim Realities of Life After Coronavirus You Need to Come to Terms With.

1
J. Crew

"New York City, USA - October 31, 2012: In the aftermath of Hurricane Sandy two men walk past the J. Crew store along Fulton Street in the water and wind damaged retail area in the South Street Seaport district in Lower Manhattan."
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On May 4, J.Crew became the first major retail chain to declare bankruptcy in the wake of the coronavirus pandemic. Reporting on the the iconic clothing brand's financial trouble, The Wall Street Journal quoted J.Crew Chief Operating Officer Michael J. Nicholson, who said the company expects to lose $900 million in sales after forced coronavirus closures. And with the chain already struggling prior to the pandemic, it's not unlikely that it will close its doors for good. For other retail changes you can expect to see after things reopen, check out the 7 Major Ways Walmart Won't Be the Same After Coronavirus.

2
Neiman Marcus

Las Vegas, Nevada, USA - May 24, 2014: The Neiman Marcus location on Las Vegas Boulevard in downtown Las Vegas, Nevada. Neiman Marcus is a chain of luxury department stores with locations across the US.
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Just a few days after J.Crew, NPR reported the news that Neiman Marcus followed suit and became the first major department store to file for Chapter 11. The luxury retailer was already carrying a massive $4.3 billion debt incurred after a private-equity takeover in 2013. And while, according to The New York Times, the company insists this doesn't mean they are liquidating, and that they will in fact reopen stores when it is safe to do so, the future of Neiman Marcus doesn't look promising—the luxury retail space isn't expected to have an easy time bouncing back in a struggling economy.

3
Forever 21

Vienna, Austria - January 6, 2012: Forever 21 fashion store display window with mannequins. Forever 21 is an American chain of clothing retailers with branches in major cities.
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It was evident Forever 21 was struggling to stay afloat well before COVID-19 surfaced when the fashion brand filed for bankruptcy last fall, announcing it would close more than 100 stores in the U.S. They company did, however, remain in business and was even acquired by Authentic Brands, Simon Property Group and Brookfield Property Partners, just before the pandemic struck.

Even so, the recent financial blow may prove too much to overcome. In fact, The Post and Courier, a local newspaper in Charleston, South Carolina, reported that the retailer's downtown location was closing, with liquidation signs stating that "Everything Must Go" posted throughout the store. And for more things you may not see after COVID-19, check out the 9 Things You'll Never See in Public After the Coronavirus.

4
David's Bridal

Springfield, USA - January 14, 2018: Storefront of David's Bridal retail store, shop selling wedding dresses, clothes, garment with sign, parked cars, parking lot
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With proms called off and weddings postponed indefinitely because of the coronavirus, it's no surprise that popular wedding and prom dress retailer David's Bridal would be facing some financial heat. After temporarily closing over 300 retail stores to slow the spread of COVID-19, the company was forced to reduce the salaries of the executive management team, board of directors, senior corporate, and field employees, Yahoo Finance reported. Not only that, but it also had to furlough many store and corporate employees. And for once-thriving retail giants that are no longer with us, check out the 17 Once-Beloved Department Stores That Are Now Defunct.

5
Nordstrom

CHARLOTTE, NC, USA-28 July 19: Entrance to Nordstrom Department store, with crowded parking lot on a sunny summer day. (CHARLOTTE, NC, USA-28 July 19: Entrance to Nordstrom Department store, with crowded parking lot on a sunny summer day., ASCII, 119
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Following the economic hit caused by the coronavirus, CNBC reports that Nordstrom will permanently close 16 of the department store's 116 full-line locations in the U.S. While the brand hasn't released an official statement on whether or not this is an indicator of larger, company-wide closure of operations, it certainly seems that this won't be the last you hear about Nordstrom's plans to downsize its presence.

6
J.C. Penney

Fort Collins, Colorado, USA - July 19, 2013: The J.C. Penney location in Fort Collins. Founded in 1902, J.C. Penney is a chain of department stores with over 1,100 locations.
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According to The Wall Street Journal, the COVID-19 pandemic is merely the final below in making J.C. Penney's impending bankruptcy a reality. Owing nearly $3.7 billion in debt, the company missed an interest payment on Apr. 15, opting to take advantage of a 30-day grace period. And while the company could technically cover the missed payment before the rapidly approaching deadline to do so, Forbes reports that J.C. Penney will most likely have to declare bankruptcy.

Best Life is constantly monitoring the latest news as it relates to COVID-19 in order to keep you healthy, safe, and informed. Here are the answers to your most burning questions, the ways you can stay safe and healthy, the facts you need to know, the risks you should avoid, the myths you need to ignore,and the symptoms to be aware of. Click here for all of our COVID-19 coverage, and sign up for our newsletter to stay up to date.
Kali Coleman
Kali is an assistant editor at Best Life. Read more
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