10 Top Retail Chains That Are Shrinking

Apparently, people haven’t been spending their unemployment checks at the mall in recent months, because a large number of prominent retail clothing and food chains — from Abercrombie & Fitch to Winn-Dixie — are being forced to shutter stores in the wake of the economic downturn.

Over at DailyFinance.com, they went through the trouble of putting together this list of 10 companies who’ve been put under the retail chain shrink ray.

1. Blockbuster
No. of Stores Closing: 500-545 in 2010

2. Charming Shoppes (Lane Bryant/Fashion Bug/Catherine’s)
No. of Stores Closing: 100 to 120

3. Abercrombie & Fitch
No. of Stores Closing: 60

4. Men’s Wearhouse
No. of Stores Closing: 50-60

5. Bebe Stores
No. of Stores Closing: 48

6. Winn-Dixie Stores
No. of Stores Closing: 30

7. American Eagle Outfitters
No. of Stores Closing: 28

8. A&P
No. of Stores Closing: 25

9. French Connection
No. of Stores Closing: 17

10. Saks
No. of Stores Closing: 5

Which of these stores do you think will best weather the storm? And which one(s) will you miss most?

10 Big Retailers Closing Stores [DailyFinance.com]

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.