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The Coastal
  • Development
    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: South Moon Under coming to SJTC

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Capriotti’s Sandwich Shop coming to Mandarin

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Scramblers coming to Deerwood, Lakewood

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Gucci to SJTC; Taverna debuting new concept

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Dolly Llama to PVB; Lowe’s, Wawa to CR-210

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Vestcor planning Lofts at San Marco East

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Rockler Woodworking coming to SJTC

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Sportsman’s Warehouse coming to River City Marketplace

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Tesla expanding its local presence

  • History
    • All
    • Jax Evolved
    Florida Times-Union building

    Story of a Building: The Florida Times-Union Building

    Edgewood Bakery

    Remembering Edgewood Bakery: Once a Murray Hill Staple, Now an Empty Building

    jacksonville university

    A Brief History of Jacksonville University

    history of Ed wAters College

    A Brief History of Edward Waters College

    Worman's bAKERY AND DELI

    Remembering Worman’s Bakery and Deli

    Before Normandy Mall, There Was the Loew’s Normandy Drive-In Theatre

    Before Normandy Mall, There Was the Loew’s Normandy Drive-In Theatre

    Green Turtle Restaurant in Jacksonville, fl

    Remembering Joe Adeeb’s Green Turtle Restaurant

    San Marco Theater, San Marco, Jacksonville, FL

    Story of a Building: San Marco Theatre

    Sun-Ray Cinema building Five Points Jacksonville FL

    Story of a Building: Sun-Ray Cinema Building

  • Jax Evolved
    VyStar at 100 West Bay Street, Jacksonville, FL

    JAX EVOLVED: VyStar Reinvigorates the Former Life of the South Building

    JAX EVOLVED: San Marco Preservation Society Now Occupies South Jacksonville City Hall

    JAX EVOLVED: San Marco Preservation Society Now Occupies South Jacksonville City Hall

    Old St. Luke's Hospital jacksonville fl

    JAX EVOLVED: Old St. Luke’s Hospital Building Now Houses Jacksonville Historical Society

    Paul Davis Restoration, formerly Chevrolet Parts Depot, Springfield, Jacksonville, FL

    JAX EVOLVED: Paul Davis Restoration Gives Life to Old Chevrolet Parts Depot

    Old St. Andrew's Church building, Jacksonville, FL

    JAX EVOLVED: Old St. Andrew’s Church Building

    Novel Coworking / Groover-Stewart Drug Company Building, 25 N. Market Street, Jacksonville, FL - Image copyright 2020 Google

    JAX EVOLVED: Groover-Stewart Drug Company Building Now Houses Novel Coworking

    Dyal-Upchurch Building, Jacksonville, FL

    JAX EVOLVED: Downtown Jacksonville Adaptive Reuse Collection

    The Barnett, Jacksonville, FL

    JAX EVOLVED: The Barnett’s Long Journey to Redevelopment

    JAX EVOLVED: Brewster Hospital to North Florida Land Trust, LaVilla, Jacksonville, FL

    JAX EVOLVED: From Brewster Hospital to North Florida Land Trust

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      Local Producer Alex Moye Releases New Album, “All I Need”

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The Coastal
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The Local Impact of National Brands Failing

by The Coastal
March 23, 2017
in Development, Featured, Shopping
Regency's former Sears
Share on FacebookShare on Twitter

With online retail quickly becoming the new standard, we’ve seen a lot of stories in the news lately about big-name national brick-and-mortar retail brands closing stores or approaching bankruptcy.

In just the beginning of 2017, over a dozen retailers have either closed or made plans to close at least 50 of their stores nationwide. These retailers include big names such as Macy’s, CVS, JC Penney, and American Apparel.

In the past day, Sears acknowledged that it may not be able to keep going even after yet another round of store closures, and Payless ShoeSource said they’ll likely have to close 500 of their stores to save money.

Big cities like Jacksonville tend to attract big investments – in the form of several storefronts – from national brands, so when these brands fail it leaves a noticeable impact on our city.

The biggest negative impact brought about by store closures is, of course, the loss of jobs.

Many of these once-mighty brands are having to undo the growth they’ve enjoyed for years. While some companies are able to shuffle employees to other locations, sometimes the employees are simply out of luck.

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When Macy’s announced they were closing over 60 stores earlier this year, it came with an announcement of 10,000 jobs being cut as well.

And when Jacksonville-based Body Central went under in 2015, all 2,500 of its employees lost their jobs.

The other issue created by store closures is the vacancies they leave behind.

Regency lost Sears as one of its few remaining anchor stores last year, leaving the mall with three empty former anchor spots. The Avenues recently lost The Limited. Family Christian, the soon-to-be-defunct Christian bookstore chain, is closing locations next to each mall.

Even the Town Center is losing BCBG.

If Payless ShoeSource goes through with closing 500 stores, it’s likely that at least one of its nine Jax locations will be affected. And if Sears tanks, suddenly The Avenues would have an anchor store vacancy for the first time since Parisian shut its doors in 2006.

Meanwhile, empty Kmarts sit at the head of various shopping centers around the city, waiting to be repurposed. Roosevelt Square was left with an empty Belk, which they plan to demolish, and the JCPenney off of Dunn Avenue will soon be empty as well.

And all of those stores’ employees are now left to find work elsewhere.

The shifting retail landscape certainly has its advantages – and Jacksonville has a lot of reasons to be thankful for Amazon these days – but it’s important to remember the impact that these store closures have on our community as well.

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The Coastal is a local magazine in Jacksonville, FL, founded in 2015 to bring you stories about the past, present, and future of the First Coast.

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