The Retail Apocalypse
Thanks (or no thanks) to changing consumer habits, the rise of online shopping, and the lasting effects of the pandemic, we've said goodbye to countless beloved retailers over the past decade. And it appears that even one of the nation's most iconic discounters will soon become a distant memory — the closing of a New Jersey Kmart store means there are now only three remaining locations of the once-massive chain. Kmart is one of several retailers that remain on the ropes, and only time will tell if any of them join this list of familiar names that have closed up shop. From Lord & Taylor to Borders, you may not realize how many favorites have disappeared in recent years.
Christine Clark and Jeff Rindskopf contributed to this report.