Here Are The Retailers That Announced Store Closures In 2025

WASHINGTON — As 2025 comes to a close, the retail landscape may look noticeably smaller in some spaces compared to a year ago. From longtime department stores and mall staples to restaurants, banks and specialty chains, dozens of major brands spent the year closing locations, filing for bankruptcy or announcing sweeping downsizing plans as rising costs, shifting consumer habits and online competition continued to squeeze brick-and-mortar businesses.

Here’s a look back at the retailers that either shut down locations or announced major closures in 2025.

Kohl’s announced in January it would be closing 27 underperforming stores in 15 states by April — a fraction of its 1,150 store base — as the struggling department store aims to boost profitability and improve sagging sales.

In January, the company that purchased Big Lots listed nearly 500 leases across 47 states  for sale. Roughly 55 of those stores later reopened in May.

In January, Macy’s announced plans to close 66 stores across the country in this year as it tries to turn the company around after years of faltering sales.

In March, Dollar General announced plans to close 96 of its Dollar General stores and 45 pOpshelf stores in the first quarter of fiscal 2025

Crafting and fabrics retailer Joann, closed all 800 of its U.S. locations in May, after declaring chapter 11 bankruptcy for the second time in less than a year.

Department store JCPenney announced in May it would close seven stores nationwide.

Just two months after filing for Chapter 11 bankruptcy protection and proclaiming its restaurants are “here to stay,” Hooters abruptly closed dozens of locations across several states in June.

National burger chain Red Robin closed seven restaurants in May, with at least eight more closing throughout the end of 2025.

Nearly 40 TD Bank offices across the east coast closed in June.

At Home, a home goods chain based in Texas, announced it had filed for bankruptcy in June, closing 30 locations as a result.

The nation’s largest supermarket chain announced in June it would be closing 60 stores across the country over the following 18 months.

In August, the coffee chain announced plans to shut down its “Pick Up” store format, phasing out the mobile-order-only model by fiscal year 2026. The following month, Starbucks revealed it would also be closing hundreds of stores in the U.S., Canada and Europe.

Teen accessories retailer Claire’s filed for Chapter 11 bankruptcy protection in September, announcing 18 stores would shutter as a result.

Rite Aid officially closed all their locations in September after filing for bankruptcy for the second time in early 2025.

Outdoor gear retailer Orvis plans to close 31 stores and six outlets nationwide in early 2026.

Seattle based co-operative REI announced it would close locations next year in Boston, New York City and Paramus, New Jersey.

Dick’s Sporting Goods shared plans to close a number of Foot Locker stores as it began restructuring the sneaker retailer following its $2.4 billion acquisition earlier this year.

Wendy’s is in the process of shutting down hundreds of underperforming restaurants across the country through 2026.

Bloomin’ Brands closed several Outback restaurants across the country in October.

Popular baby retailer Carter’s announced plans to close 150 stores and cut its workforce by 15% amid the impact of tariffs.

Plus-sized clothing retailer Torrid shuttered nearly 30% of its physical locations, just under 200 brick and mortar stores, as the company seeks to downsize amid fewer physical sales and higher risks from tariffs.