By 2008, the company had declared bankruptcy and closed all locations by the end of that year. The chain was bought by that Dragon's Den bloke Peter Jones and 31 stores have …
This photo is from 2008 in Greenbrae, Calif.Hecht's Department Stores began in 1857 in Baltimore, and by 2005 had 61 stores around Maryland and in the District of Columbia, North Carolina, Tennessee and Pennsylvania, and also operated 20 Strawbridges in Delaware, New Jersey and Pennsylvania. AP Photo/Ron Heflin However, a changing market for books nudged by electronic books cut into the company's bottom line, and the next year the company filed for bankruptcy and closed all of its U.S. stores. Clintons, the card retailer, fell into administrationbut was bought by its existing owners in a pre-agreed deal that protects its 332 stores an… It still operates today in China.
Education Images/Getty Images Linens 'n Things was a housewares chain that was founded in 1975 and numbered over 500 stores by 2006, but eventually closed its brick-and-mortar stores … The Times Square location is shown in this 1971 photo.Discount department store Caldor started in Connecticut in 1951, and became a successful regional chain. However a federal investigation discovered the company routinely understated its income to avoid taxes and committed securities fraud after going public.
Shuttershock That same year, the chain decided to discontinue clothes for boys, and two years later the chain was purchased by Forever 21 and eventually all the stores were phased out.Levitz Furniture was founded in 1910 in Pennsylvania and the furniture warehouse store eventually became known for its advertising tagline "You'll Love It at Levitz." However, the company filed for Chapter 11 bankruptcy in 2008 and eventually closed for good a year later.Steak and Ale was founded in 1966, and by the 1980s, the dinner house chain had grown to 280 locations.
However, the company abruptly announced it was shutting down that year, and all of its stores were subsequently closed. Courtesy of WOW Air Joe Raedle / Getty Images While initially successful with 40 locations and plans to expand to 300, allegations of accounting irregularities and stock price manipulation brought the chain to a close in 1971.Supreme Court Justice Ruth Bader Ginsburg dies at 87The electronics and music retailer famous for its "Nobody Beats the Wiz!" Crazy Eddie was an electronics chain that started in Brooklyn in 1971, and became known for its over-the-top commercials which included variations of the phrase "his prices are insa-a-ane!"
The online and pop-up bookseller The Book People went into administration a week before Christmas, putting almost 400 jobs at risk. Aaron Brown/Business Insider commercials had 94 locations in New York and around the rest of the Northeast in 1998. However, the concept didn't last, and the last All-Star Cafe shut down in 2007 in Florida. These were closed by the end of 2012.In 2003, sporting goods retailer Sports Authority had more than 200 stores across 33 states, but competition from online stores and other retailers drove the company into bankruptcy in 2016. Thomson Reuters Amazon Eventually all of its stores were shuttered by 1996. AP/Julio Cortez AP Dozens have shut down in 2019. However, competition from other retailers and being leveraged from the acquisition of Pathmark led to the chain's first Chapter 11 filing in 2010, and five years later, it filed for Chapter 11 and closed all of its stores.Boston-based City Sports started in 1983, and eventually operated 27 stores in Massachusetts, New York, Rhode Island, Pennsylvania, Maryland, Vermont and Washington, D.C. However, a decade later after the AOL Time Warner merger, the company couldn't find a buyer for the stores and closed down the U.S. locations. The remaining 65 U.S. locations were closed.
When Woolies closed more than 800 stores in 2008, more than 27,000 people lost their jobs.It was the biggest high street collapse of the decade. However, the company fell into financial trouble by 1979 when its flagship store, above, was sold to Donald Trump, who built Trump Tower in its place. The online boutique furniture brand Swoonwas bought out of administration by its co-founders, Brian Harrison and Debbie Williamson.
As times change, so do the retailers around the country; some are bought out, while others just vanish. AP Photo/Richard Drew Jeff Greenberg/Getty Images However, a family feud among the chain's founders took its toll on the business.
However, the chain had closed by 1996, although the products are still available at Sears and Kmart.Payment of $300 unemployment aid boosters delayed for someB.