The company grew in successive decades, especially in the '90s.
However, after numerous CEOs failed to rescue its languishing presence, the chain filed bankruptcy in All stores were liquidated, though the company still operates a website. Back when people took real photos with actual cameras, you had to get them developed somewhere. Enter Fotomat, founded by businessman Preston Fleet in California in Most Fotomats shut down by the late '90s when one-hour film developing made the business obsolete.
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Founded in by the Zimmerman family, the company had more than stores at its peak. It started as a five-and-dime store in Pulaski, Tennessee and evolved into a catalog showroom which specialized in fine jewelry and household items. The company filed for bankruptcy in and was forced to shutter its stores by The company since launched an e-commerce site.
RadioShack was founded in Boston in by the Deutschmann brothers to provide equipment for ham radio operators. The company was the place for electronics, once had 7, locations, and could claim to have a store within three miles of every American household. Now, not so much.
The company filed for bankruptcy in and in Although it's technically not gone there are a few stores and a website remaining , it's no longer the major retail player it once was. Blockbuster, which was created in , once had over 9, locations. It was a video rental store, where customers could rent videos and DVDs. In , the chain announced it would begin closing all of its stores. Now, only a single Blockbuster remains in Bend, Oregon.
Borders was founded in Michigan in and became one of the top booksellers of the early s. But when electronic book readers came into play, the company had to shutter all locations and filed for bankruptcy in Circuit City once had a whopping stores at its peak, where you could buy anything from TVs and computers to audio equipment and car stereos.
However, in , after 59 years, the chain declared bankruptcy and began closing all of its locations. However, it was changed in in when the company went public. The store specialized in computer software and computer products.
In , the chain couldn't keep up with Circuit City and Best Buy, so stores closed. Now, only a website remains. The Discovery Channel stores first opened in and featured educational games, gifts, videos, books, and more that reflected the message you could watch on the channel.
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By , the Discovery Channel announced it would close all of its standalone stores — of them, to be exact — and focus on online retail only. Gadzooks was a T-shirt retailer that originated in Mesquite, Texas and was founded in The chain grew exponentially to stores and chose to focus more on teenage clothing. Yet, Gadzooks was forced to file for bankruptcy in Hhgregg was an appliances and electronics store that was founded in in Princeton, Indiana and, at one point, expanded into 20 states.
But in the store closed over stores and laid off more than 5, people. A few months later a website for the company remerged online to make a comeback for the electronics empire. KB Toys was founded in in Pittsfield, Massachusetts. The epic toy store had 1, locations open as of and could be found in all 50 states.
Despite its once booming success, KB Toys declared for bankruptcy twice, and closed all of its stores in Toys "R" Us acquired the rights to its name during the same year. Linens 'n Things was founded in in Clifton, New Jersey and was once a homeware and home accessories staple. The chain operated stores across the United States and Canada, and also did business as a big box retailer. Eventually, the business struggled and all stores closed in If you ever traveled through a shopping mall and sat in a comfy massage chair inside an electronics-filled store, it was probably a Sharper Image.
However, the company filed for bankruptcy in and closed every single store. In the name was bought and a new website was relaunched. Type keyword s to search. Today's Top Stories. Boston Public Library, Print Department. Martin Forstenzer Getty Images. Woolworth Company. Getty Images. Glenn Koenig Getty Images. George Rinhart Getty Images. Gimbel Brothers. Chris Hondros Getty Images. Joe Raedle Getty Images. Kresge Company. Kinney Shoes. Mac Gramlich Getty Images. Hills Department Store.
Michael Ochs Archives Getty Images. National Record Mart. Bonwit Teller. Grant 25 Cent Store. Bettmann Getty Images. Portland Press Herald Getty Images.
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Tim Boyle Getty Images. Circuit City. Discovery Channel Store. KB Toys. Linens 'n Things. Or take the financially healthier Washington Post.
Grocery stores are no longer the future for some consumer goods brands, says new VC founder
In , it sold an average of 56, daily non-Sunday single copies. By , it was 30, The Colorado Springs Independent launched a petition to keep its space in Kroger-owned King Soopers stores; as of October 4, it has 1, signatures. Cite this article Hide citations.
Owen, Laura Hazard. Nieman Foundation for Journalism at Harvard, 4 Oct.