A popular retail store in Rochester, Minnesota, will close permanently next week.
Another store is closing in Minnesota.
The H&M retail store at Apache Mall in Rochester will permanently close its doors on June 3.
No specific reason was given for the store's closure, and it will leave Minnesota with just five H&M stores remaining. Those stores are in Mankato, Minnetonka, Maple Grove, Maplewood, and Woodbury. In addition, a store in Minneapolis was closed last year.
"Assessing and reviewing our store portfolio to adapt to changing customer behavior is something that we have done ever since we opened our first store." H&M statement
There are no plans at this stage to close any of the remaining H&M stores.
Retail closures across Minnesota
The H&M closing is the latest in Minnesota's long list of closures.
Bed Bath & Beyond
Bed Bath & Beyond is ceasing operations in the U.S. and will close in 2023 due to financial issues. Five of these are in Minnesota.
- St. Cloud: 3959 Second St. South
- Bloomington: 7961 Southtown Center
- Rochester: 40 25th Street
- Minnetonka: 11240 Wayzata Boulevard
- Roseville: 2480 North Fairview Ave. Suite 115A
The discount home goods company is closing all its stores in the United States, including three in Minnesota.
- Excelsior: 7 & 41 Crossings Center, 2497 Highway 7
- St. Cloud: Division Place I, 2730 Division St.
- Roseville: Har Mar Mall, 2100 N. Snelling Avenue #2
Target is also closing stores and recently closed a store in a south Minneapolis neighborhood.
Fast food venues are also feeling the financial strain.
Meridian Restaurants Unlimited, which owns several Burger King restaurants in Minnesota and North Dakota, has gone bankrupt, resulting in 27 closures across the region, including ten in Minnesota.
This includes locations in:
- East Grand Forks
- Fergus Falls
- Long Prairie
- Redwood Falls
- Columbia Falls
Even retail giant Amazon isn't immune, with six stores planned for Minnesota have also been canned.
The retail giant had planned and even built out stores in six locations.
These were Eagan, Eden Prairie, Arden Hills, Lakeville, Coon Rapids, and Burnsville. The decision by Amazon to abandon plans for opening means there are now half a dozen 40,000-square-foot stores empty in Minnesota.
Are you concerned about the number of retail stores closing in Minnesota and nationwide? Do you believe more should be done to assist retail businesses? Do you think we are heading towards a recession? Who is responsible for all these businesses closing?
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