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Here are the retailers that announced store closures in 2025
Retailers filed bankruptcies or cut hundreds of stores in response to rising costs and online competition, with some chains closing up to 30% of locations, analysts said.
- As 2025 comes to a close, dozens of major brands including Macy's, Starbucks, Dollar General, Joann, and various national restaurant and bank chains closed locations or downsized this year.
- Companies cited rising costs, shifting consumer habits and online competition, while acquisition and tariff pressures prompted Dick's Sporting Goods to cut Foot Locker stores this year.
- The company that bought Big Lots listed nearly 500 leases across 47 states, and Macy's announced plans to close 66 stores this year, illustrating major retail downsizing in 2025.
- As a result, affected retail workforces and local communities face disruptions, as Macy's announced plans to close 66 stores this year, and REI will shut locations next year in Boston, New York City, and Paramus, New Jersey.
- Closures will extend into next year, with Orvis planning 31 store and six outlet closures in early 2026, Wendy's shutting hundreds of underperforming restaurants, and REI and Starbucks adjusting formats and city locations.
Insights by Ground AI
17 Articles
17 Articles
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Coverage Details
Total News Sources17
Leaning Left1Leaning Right0Center15Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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