17 retailers expecting to close stores this year

Online shopping has been a force of change in the retail world, which has stirred many places to start redesigning and redeveloping to bring in more customers.

There’s been news about many retailers closing around the Valley and the nation, but Phoenix has been seeing healthy leasing activity recently.

Still, national retailers are closing doors, and it could start affecting the Phoenix area. National Real Estate Investor recently reported on 17 retailers closing stores in 2017.

Many of the listed retailers have locations in Arizona, and it’s yet to be determined if any of these retailers will close doors specifically in Phoenix.

The stores that made the National Real Estate Investor list include:

  • J. Crew
  • Guess?
  • Gymboree
  • Claire’s
  • BCBG Maz Azaria
  • American Eagle
  • A√©ropostale
  • Abercrombie & Fitch
  • Wet Seal
  • Neiman Marcus
  • Macy’s
  • J.C. Penny
  • Chico’s
  • The Limited
  • Bob’s Stores/Eastern Mountain Sports
  • Gander Mountain
  • Payless

The National Real Estate Investor article goes into depth as to why each of these retailers may be closer their doors this year. The article can be read here.

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Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.

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