National Retailers Close Thousands Of Stores So Far In 2025: See List

Some familiar retail brands Americans from your great-grandparents on down have grown up with are whittling down their footprints or disappearing entirely in 2025.

The individual stories behind an estimated 15,000 store closures in 2025 have a common thread as consumers shop more with their index fingers on e-commerce sites, where they can often find cheaper products than if they strolled through brick-and-mortar stores.

The expected 15,000 store closures are about double the 7,325 stores that shuttered in 2024, according to Coresight Research, a data-driven research firm specializing in retail and technology. Finding deals is especially important to consumers as inflation remains high in the food, energy, housing and transportation sectors.

“Last year we saw the highest number of closures since the pandemic,” Coresight Research CEO Deborah Weinswig said in a news release. “Retailers that were unable to adapt supply chains and implement technology to cut costs were significantly impacted, and we continue to see a trend of consumers opting for the path of least resistance.”

Some of America’s favorite department stores are shuttering locations. The venerable Macy’s, founded in 1858 in New York City, announced late last year that it would close 65 stores by the end of January, 15 more than originally planned by that date to deal with slumping sales, Fast Company reported. Overall, Macy’s plans to close 150 stores by the end of 2026.

JCPenney, which has been around since 1902, survived a 2020 bankruptcy and emerged as a private equity company. The company said in January it plans to close eight stores by mid-year as leases expire, including locations in California, Colorado, Idaho, Kansas, Maryland, North Carolina, New Hampshire, and West Virginia. The company also cited market conditions as a factor in the closings.

Kohl’s, a relative newcomer in the department store market founded in Wisconsin in 1962, announced earlier this year that it planned to close 27 underperforming stores and a fulfillment center by May.

Some brands that have or will completely disappear in 2025 are Party City, which closed its stores in February; mall store Forever 21 is closing all of its U.S. locations in a second bankruptcy; and fabric and crafts retailer Joann is closing all 800 of its stores after failing to find a buyer in its second bankruptcy.

More Stores Shrinking Footprints

Other retail stores that have announced plans to shutter stores include:

Advance Auto Parts is closing 523 corporate stores, exiting 204 independent locations and closing four distribution centers as part of a broader restructuring plan aimed at improving financial performance and focusing on core retail improvements, Reuters reported.

Big box retailer Best Buy planned to a plant to steadily close locations with another 10 to 15 stores joining the list of 24 that closed last year, Money Digest reported. Specific locations aren’t known.

Big Lots planned to shutter hundreds of stores, but got a reprieve when Variety Wholesalers purchased it out of bankruptcy. About 200 stores will continue to operate as Big Lots, Newsweek reported.

Dick’s Sporting Goods plans to close 35 locations in 17 states, Patch previously reported. The states are Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Iowa, Louisiana, Missouri, New York, Ohio, Oklahoma, Texas, Virginia, Washington and Wisconsin.

Dollar General planned to close nearly 100 stores and 45 Popshelf stores nationwide during the first quarter of 2025.

Foot Locker plans to close 400 stores by the end of 2026, including many in shopping malls, as part of a business rebranding plan, according to a 2023 ABC News report. The company said it would reboot 280 stores focusing on its “community, power store and play concepts.”

The home decor chain Kirkland’s is closing or rebranding about 6 percent of its stores as it focuses on more profitable brands to include Kirkland’s Home, Bed Bath & Beyond, buybuy Baby and Overstock, CEO Amy Sullivan said in a statement in February. Kirkland’s has about 300 stores in 35 states and recently acquired the Bed Bath & Beyond brand.

Torrid, specializing in clothing and intimates for women’s sizes 10 to 30, plans to close 40 to 50 stores by the end of 2025 as part of an “optimization” plan outlined during an earnings call for investors last month. In the fourth quarter of 2024, the chain closed 22 locations and opened one store.

Walgreens said in 2024 that it would close 2,150 locations between now and 2027, Patch previously reported. Stores that will close include those that aren’t profitable, are too close to each other or struggle with theft. The closures amount to about a quarter of the drugstore chain’s 8,600 stores.

Eateries Hang On, But Shutter Stores

In the food and drink industry, burger chain Red Robin plans to close about 70 locations, including 10 to 15 underperforming locations this year, according to a recent earnings report.

The once legendary TGI Fridays closed 30 locations in January, according to Restaurant Business. The eateries were scattered around Maryland, Massachusetts, New Hampshire, New York and Ohio. The chain, which filed for bankruptcy last fall, will sell nine locations to restaurant operator Mera Corp. for $34.5 million. TGI Fridays now has 124 U.S. locations in 25 states and territories and 107 cities.

Denny’s said last October it would close 150 restaurants by the end of 2025, but said in a February call that 38 more stores would be added to the list as leases expire or buildings age beyond the point of repair, USA Today reported. Unprofitable locations are also on the closure list.

Smokey Bones Bar and Fire Grills said in March that it planned to close t least nine underperforming locations, and that half of its restaurants would begin operating under the Twin Peaks brand, Money Digest reported.

Tex-Mex chain On The Border closed about a third of its 120 restaurants in late February, then weeks later filed for bankruptcy, The Street reported. The affected restaurants are in 24 states: Arizona, Arkansas, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Texas, Virginia.

Del Taco abruptly closed 18 of its 19 Colorado locations due to financial issues faced by the franchisee, Newport Ventures, which later filed for bankruptcy protection, Restaurant Dive reported. The approximately 600 Del Taco restaurants in 15 other states were not affected.

Atlanta-based Hooters filed for bankruptcy after accumulating $376 million in debt. The company plans to sell 15 of its corporate-owned restaurants to a buyer group that already operates 30 of its U.S. locations, USA Today reported. The company doesn’t plan to close any locations, writing on its website, “Hooters is here to stay.”