It’s no secret that many businesses—both large corporations and independent sellers—have struggled to regain their footing in the aftermath of COVID-19, followed by crippling inflation rates and tariffs. Unfortunately, some retailers had no choice but to close their doors for good, while others have relied on bankruptcy filings and mergers to get back on track financially. Keep reading to see which five big-name brands are shuttering hundreds of locations next.

1. JCPenney

Since the COVID-19 pandemic, JCPenney, like many other department stores, has filed for Chapter 11 bankruptcy and consequently, downsized its portfolio. The retailer has shuttered over 200 locations, with another 119 stores expected to close after Labor Day.

The $947 million all-cash purchase was solidified on July 25

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