Chicago, IL

Closing Forever: List Of Businesses Bidding Farewell To Chicago

C. Heslop

Are you wondering which businesses will leave your city? Here is a roundup of the physical stores that will leave Chicago. The shuttering is due to high inflation, low sales, bankruptcy, and economic shocks. After much deliberation, the owners decided the best action was permanent lockdowns.

The businesses range from a local hardware store to Michigan Avenue retailers.


Bed Bath & Beyond. The company will close locations around the country. It has 19 stores in Illinois. The affected Chicago shops are 9650 South Ridgeland Avenue in Chicago Ridge, Illinois. 5786 Northwest Highway in Crystal Lake, Illinois. 215 Harlem Avenue in Forest Park, Illinois. 1584 South Randall Rd. in Geneva, Illinois. 3232 Lake Ave., Suite 125 in Wilmette, Illinois

Banana Republic and Gap. The 39,000-square-foot Banana Republic space on Michigan Avenue closed. The retail company, The Gap, will leave the Mag Mile.

Gillman Ace Hardware. The business has been in operation for 80 years. The Logan Square hardware store announced the shuttering plan. The closure will occur after the liquidation sale.

Old Navy. The flagship Old Navy at Randolph and State in the Loop shut up shop. The massive retail space had once housed the Borders Bookstore.

Rock Bottom Brewery. The first of many breweries to set up Downtown over 20 years ago said goodbye.

As the retail apocalypse continues, many physical retailers will join this list.

Will you miss any of these retailers?


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*Disclaimer: This article is for informational purposes only. This article got written using accredited media reports. Below are affiliate links. *Advice Disclaimer: The article and the information contained herein are not intended to be a source of advice.*

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