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8 retailers that are shrinking across America (M, SHLD)

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A customer exits the Macy's flagship department store in midtown Manhattan in New York City, November 11, 2015.  REUTERS/Brendan McDermid

Analysts predicted that 2017 would be a rough year for retail stores.

Just a month and a half into the new year, that prophecy has proven to be true. 

A wave of store closures has hit traditional retail chains, especially those with a high proportion of locations in malls.

Many chains that are closing stores are also facing a very real threat of bankruptcy.

Here are eight retailers that are disappearing across the US. 

SEE ALSO: 26 retailers that still sell Ivanka Trump's fashion brand despite boycotts

The Limited

The women's clothing retailer shut down all 250 of its stores in early January. 

"We're sad to say that all The Limited stores nationwide have officially closed their doors," the company said in an online statement. "But this isn't goodbye. The styles you love are still available online — we're just a quick click away 24 hours a day."



Macy's

Macy's is closing 68 stores and laying off nearly 4,000 employees, beginning in early 2017. Ultimately, the retailer plans to shut down about 100 stores, or 15% of its store base, over the next couple of years.

The retailer has struggled to keep up with the rise of e-commerce. In early February, the Wall Street Journal reported that Macy's had received a takeover offer from Canadian retailer Hudson's Bay.



Sears

Sears plans to shutter 108 Kmart stores and 42 Sears stores by April.

Sears' downward spiral has analysts speculating that the company will file for bankruptcy and some of the brand's suppliers already cutting back on shipments. 



See the rest of the story at Business Insider

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