And another one bites the dust. Less than a month ago it was announced that both The Limited and American Apparel are closing all of their stores and going out of business, and now, Wet Seal is next. Thursday, news broke that Wet Seal will close all of its 171 remaining stores, according to the Wall Street Journal.
Back in 2015, Wet Seal closed 300 stores before it officially declared bankruptcy, but that was not enough to save the failing teen retailer from completely going under. On Thursday, an email from Jan. 20 that was sent out to all Wet Seal employees (roughly 3,700 people) was leaked, in which they let everyone know that Wet Seal would be no more.
There is no word as to how long it will be before all of Wet Seal's stores are officially closed, but my guess is that the process will be somewhat quick, considering executives saw it coming.
Unfortunately, many mall retailers have been taking a hit in recent years, part of which can probably be attributed to online shopping and international chains like Zara and H&M. It's definitely a bummer that Wet Seal is going out of business, but as they say, all good things must come to an end.
This news upset a lot of people, who naturally took to Twitter to vent.
The wet seal in the mall is closing. Brb my life is ruined.— xoxoashleeey (@ashleyszymaniak) January 26, 2017
Some people just couldn't believe it.
What do you mean Wet Seal is closing????? 😢— Amy Zeiser (@AmyZeiser) January 27, 2017
It's definitely sad to see an old retailer close.
Can we please bring back Wet Seal to the mall— Dara Artino (@TheDaraArtino) January 27, 2017
Sometimes denial is the best option.
I was mad that wet seal in Sandhills was closing until I found out that ALL WET SEALS ARE CLOSING AND NOW IM LIVID— Randi Ray (@omgitsrandi7) January 26, 2017
Anger is a natural step in the grief process. Best to let it out.
Wet seal is closing all their stores...:/— Dani (@loveeee_danii) January 27, 2017
The truth hurts.
My heart actually hurts that wet seal is closing. I actually enjoyed going to work. 😞finding a job all over again is gonna suuuukkk.— yanely❥ (@xyanelym) January 24, 2017
RIP, Wet Seal. You had a great run and we will all miss you dearly.