Say Goodbye To These Stores That Are Closing Shop This Year

Bluestem Brands

Bluestem Brands is an apparel, appliance, health product, electronics, and beauty retailer. It is yet another at-risk company. It is the owner of 13 e-commerce sites such as Fingerhut, Fair, Appleseed, Bedford, Draper’s & Damon’s, Blair, and Gettingon.com. We hope that things work out for them!

Bluestem

PetSmart Inc.

PetSmart Inc. is a pet product retailer with more than 1,500 stores across Canada, Puerto Rico, and the United States. They have a debt of $8 million, which can be attributed to the rise of the e-commerce industry. Consumers now like to rely on Amazon instead. Recently, PetSmart spent $3.35 billion on an e-commerce site called Chewy, but it only made the debt go up. It is the most expensive e-commerce site!

PetSmart