Long Island Stores Closing In 2018

By Feroze Dhanoa, Patch National Staff

In 2017, retailers in the United States announced plans to shutter close to 7,000 stores, a whopping 224 percent increase in announced store closures compared to 2016. The numbers were compiled by the think tank Fung Global Retail & Tech, which tracks store openings and closures in the U.S.

According to the numbers compiled by Fung Global, there have been 6,885 announced store closures in 2017 and 3,443 announced store openings. In 2016, there were 2,122 announced store closures in 2016 and 2,294 announced store openings.

Looking ahead to 2018, major retailers from various industries have already announced plans to close stores in the U.S. starting as early as January 2018.

Patch has compiled a list of retailers that have announced plans to close locations in 2018 below:

Macy's

Macy's closed many stores this year, and is planning to close more as time goes on. Which stores are on the chopping block haven't been revealed yet, though.

J. Crew

The speciality retailer plans to close 39 stores by the end of January 2018, CNN Money reported. That amounts to about 6 percent of its total stores and is double the number of stores it previously planned on closing.

Gap

In September, Gap announced it would be closing approximately 200 "underperforming" Gap and Banana Republic stores in the near future. The list of stores to be closed has not yet been released.

Teavana

Starbucks announced in July that it will close its close to 400 Teavana stores by next year. Starbucks said the majority of the Teavana stores will close by Spring 2018. Teavana has four Long Island locations: in the Roosevelt Field Mall, the Walt Whitman Mall, in the Smith Haven Mall and one on Sunrise Highway in Bay Shore.

Walgreens

Walgreens will close about 600 drugstores as it buys 1,932 stores from its competitor Rite Aid, The Associated Press reported. A company spokesman told the AP that the majority of closures will be Rite Aid and a vast majority of stores closing will be within a mile of another store in the Walgreens network. Walgreens did not say which locations would be closed but the closures will start next spring.

Dress Barn

Ascena Retail Group, the parent company of Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice and more announced plans to close up to 667 locations by mid-2019. It's still unclear which locations will be closed, but the company owns many stores across Long Island.

Michael Kors

The luxury lifestyle store announced earlier this year that it would be closing between 100 and 125 stores in the next two years. It still has not announced which locations will be closed, but it operates six stores on Long Island.

Sears

Sears Holdings announced in November that it would be closing another batch of stores 2018. As part of the closures, Sears said it informed associates at 45 Kmarts and 18 Sears that the stores would be closing in late January 2018. Long Island doesn't have any stores closing, but you can see a full list of the stores closing here.

Target

Target is closing 12 stores, with the last date of operation for the shuttering stores slated to be Feb.3. The Minneapolis-Star Tribune reported that the company began notifying affected store employees in November of the upcoming closures. Long Island escaped losing any of its Targets, too.

Alex Costello contributed reporting for this story.

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