Nearly 2,700 stores are closing across the US this year. Here's the list.

Mon, 10/06/2025 - 10:37

Tech Insider

A Rite Aid storefront. — Rite Aid closed its remaining stores in 2025.
Smith Collection/Gado/Getty Images

At least 10 retail brands have said they're closing US stores this year, totaling nearly 2,700 locations.
Twice-bankrupt Party City is the largest chain on the list, with 700 stores facing closure.
Rite Aid is the latest company to announce store closures.

A Business Insider tally of disclosures from nine retail chains found nearly 2,700 stores have closed or are set to close across the US in 2025 so far.

The current number is up slightly from last year's total but down from 2023, when the collapse of Bed Bath & Beyond contributed to the shuttering of more than 2,800 locations.

UBS analysts last year estimated US retail closures could reach 45,000 stores by 2029, led largely by smaller stores going out of business.

Meanwhile, larger firms such as Walmart, Costco, Target, and Home Depot continue to expand.

Topping this year's list is the twice-bankrupt Party City, which filed for Chapter 11 protection in late December with 700 stores facing closure.

See the list of major closures below.

GameStop: A 'significant number' of stores will close

GameStop said in a March financial filing that it plans to close a "significant number" of stores in 2025, following an "optimization review" that took into account individual store performance.

The review is ongoing, so the exact number of stores closing this year isn't yet set. It's the latest in a series of closings for the company — GameStop shut down 590 of its US stores in fiscal 2024.

Party City: 700 stores

Vehicles are parked in front of a Party City in Alberta, Canada. — Artur Widak/NurPhoto via Getty Images

Party City filed for Chapter 11 protection in late December, after CNN reported that the company was closing all of its stores.

Joann: 500 stores

The fabric and craft chain is closing roughly 500 locations across the US this year after filing for Chapter 11 bankruptcy protection twice in under 12 months.

After the closures, about 350 Joann stores will remain in the US.

Big Lots: 480 stores

A Big Lots location closing in Montana.
Michael Siluk/UCG/Universal Images Group via Getty Images

Big Lots received a last-minute lifeline to remain in operation after bankruptcy, but its new owners are selling the leases to 480 stores.

Walgreens: 450 stores

Walgreens said it is on track to close 450 locations through the end of 2025 as part of its multi-year effort to reduce its store fleet.

Family Dollar: 370 stores

Dollar Tree said it will close 370 locations as leases expire, following last year's closure of 600 stores as it leans away from the Family Dollar brand and expands the Dollar Tree footprint.

Starbucks: over 100 stores

Starbucks customers wait in line. — Starbucks wait times have increased along with demand for cold drinks.
SOPA Images/Getty Images

Starbucks said Thursday that it planned to close about 1% of its 11,453 corporately owned stores in the US.

The closures will affect locations where the company says it has been "unable to create the physical environment our customers and partners expect" or where it doesn't "see a path to financial performance."

Macy's: 66 stores

Macy's has identified 66 stores across 22 states that will close this year. These are the first of 150 locations that the retailer plans to shutter through 2026. Following the closings, there will be about 350 Macy's left.

Kroger: 60 stores

A Kroger store in Ohio — Supermarket giant Kroger said it will be closing some stores
Jeff Dean/AP

Kroger said in June that it planned to close about 60 stores nationwide over the next 18 months. The supermarket giant did not identify which specific stores would be shuttered. According to SEC filings, as of February 1, Kroger operated 2,731 supermarkets across 35 states and the District of Columbia.

CEO Ron Sargent said during a first-quarter earnings call that the chain also plans to expand into "high-growth geographies."

Rite Aid: at least 54 stores

A Rite Aid pharmacy with sign and entrance at Palos Verdes Mall, Walnut Creek, California — Smith Collection/Gado/Getty Images

Rite Aid said on its website in early October that all remaining stores had been closed. The company entered bankruptcy in May with roughly 1,250 stores and sold most to its rival pharmacy chains.

An archived version of the company's website showed 54 locations in the US as of September 21.

Kohl's: 27 stores

Kohl's said it will close 27 locations across 15 states, which represent a small fraction of the company's overall 1,150-plus store fleet, which it says is healthy, strong, and profitable. The closures are expected to be completed by April.

JCPenney: 8 stores

JCPenney has announced relatively few closures, with eight stores expected to shutter by the middle of the year. The retailer also recently announced that 120 of its stores were going up for sale.

Read the original article on Business Insider

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Nearly 2,700 stores are closing across the US this year. Here's the list.