In 2025, numerous major retailers announced significant store closures, including Joann, Party City, Rite Aid, Family Dollar, Walgreens, and Macy's, as part of ongoing retail shifts, bankruptcies, and efforts to cut costs, with trends affecting department stores, pharmacies, and restaurants as consumers increasingly shop online and face economic pressures.

What stores are closing in 2025 in the USA?

Here are some of the major chains that went bust in 2025:

• Forever 21. Forever 21 filed for bankruptcy (for the second time) in March and closed down its US operations, shuttering about 500 stores. ...
• Joann. ...
• Party City. ...
• Rite Aid.

What stores are shutting down in 2026?

In 2026, major retailers like Macy's, Kroger, and Yankee Candle, along with some REI and potentially Wendy's locations, are closing stores to focus on profitability and e-commerce, continuing a trend driven by changing consumer habits and online competition, with hundreds of closures expected across different sectors.

What retailer is closing all 700 stores?

Party City to Close All Stores by February, Company Says. In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores.

What fast food chain is closing in 2025?

In 2025, several major fast-food and casual dining chains, including Wendy's, Denny's, Arby's, Noodles & Company, Red Lobster, TGI Fridays, Applebee's, Jack in the Box, and Dairy Queen, saw significant location closures due to rising costs, shifting consumer habits (like eating out less), and strategic business reviews, with many plans extending into 2026, impacting hundreds of locations nationwide to focus on underperforming stores.

18,000 Stores Closing In 2025 | This Is The End Of Retail

Is Taco Bell going out of business in 2025?

Already a Supreme 2025

Taco Bell will continue fueling unparalleled growth by elevating the experience across the entire business, evolving into so much more than just a quick-service restaurant brand. Taco Bell plans to continue growing operating profit, guided by a strategic plan to R.I.N.G.

Are Kohl's stores closing in 2025?

Yes, Kohl's closed 27 underperforming stores by April 2025 and shut down a San Bernardino fulfillment center in May 2025, as part of strategic real estate changes to support the business's health, impacting locations across 15 states, with specific stores in California, Texas, Utah, Virginia, Pennsylvania, and more closing their doors, as announced in early 2025.

What places are going out of business in 2025?

These national and regional retailers went out of business in...

• Bargain Hunt. Bargain Hunt, a Nashville-based discount retailer, said in February that it would shutter all of its 92 stores in 10 states after declaring bankruptcy.
• Forever21. ...
• Joann Fabrics. ...
• Liberated Brands. ...
• Party City. ...
• Rite Aid. ...
• Sonder.

What stores are not going to make it to 2026?

Retailers and restaurants that have already announced closures...

• Carter's. Children's clothing is displayed at a Carter's Babies and Kids store on November 17, 2025 in Colma, California. ( ...
• Foot Locker. ...
• Kroger. ...
• Macy's. ...
• Red Robin. ...
• REI. ...
• Walgreens. ...
• Wendy's.

Are any new stores opening in 2025?

Target, Walmart, Costco, and Trader Joe's plan to open new stores in 2025. New store openings are planned in over a dozen states, including California, Texas, and Michigan.

Is JCPenney going under?

JCPenney filed for Chapter 11 bankruptcy in May 2020, citing declining sales and the COVID-19 pandemic, leading to significant store closures (around 200) as they restructured and were acquired by Simon Property Group and Brookfield Asset Management. While they emerged from bankruptcy in late 2020, recent years have seen ongoing property restructuring, including a major sale of 119 store properties in 2025 to Copper Property Trust as part of the long-term reorganization, with JCPenney continuing to operate about 650 stores with a focus on value.
 

Is JC Penney still in business in 2025?

JCPenney to close 8 locations in 2025. Is your store closing? See the list. JCPenney will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago.

What clothing companies are going out of business?

Retail Woes: A Tracker of Retail Bankruptcies & Brand Closures

• January 2026 – Saks Global. ...
• November 2025 – Lugano Diamonds & Jewelry Inc. ...
• October 2025 – IKKS. ...
• September 2025 – SKKN by Kim. ...
• August 2025 – SSENSE. ...
• August 2025 – Closed GmbH. ...
• August 2025 – Claire's Holdings LLC. ...
• June 2025 – Cosmoss Ltd.

Who is replacing Joanns?

The Michaels Companies has acquired the intellectual property (IP) and private label brands of JOANN Fabrics, including popular names like Big Twist yarn, after JOANN filed for bankruptcy, meaning Michaels is essentially taking over JOANN's popular product lines and integrating them into its stores to expand fabric, sewing, and yarn offerings for crafters. Physical JOANN stores have closed, but Michaels is bringing many of JOANN's beloved brands and products into Michaels stores and online. 

What food chain is making a comeback?

Steakhouse chain Sizzler is making a comeback with a new refreshed look even as the quick-service restaurant sector continues to face a challenging environment that has prompted countless closures.

What restaurant just turned 300 years old?

Sobrino de Botín, confirmed by the Guiness Book of World Records as the oldest restaurant in the world, just celebrated 300 years of scintillating history.

---