Barneys New York
This luxury department store has officially filed for bankruptcy and will be closing more than 15 stores by the end of 2019. Like many retail stores, Barneys says that their profits have taken a huge hit recently due to the lack of in-store shopping people are doing these days, especially for high-end items. For now, at least, Barneys will keep its iconic New York locations open for business, but no one knows yet what the future holds for the top-tier store.
Walmart
The retail superstorm Walmart is actually shutting down at least 18 locations in 2019. Because of this, there are hundreds of employees who are now left without work. Of the 18 stores, ten include neighborhood market stores, two include stores on college campuses, and six are full-sized Walmart locations.