Major retail chains across America are continuing to shut down thousands of locations throughout 2025. Economic pressures, changing consumer habits, and digital transformation drive these widespread closures. The retail landscape faces unprecedented challenges as traditional brick-and-mortar stores struggle to maintain profitability.
Macy’s
Macy’s is set to close 66 stores this year as part of a long-term plan to shutter 150 stores by 2026. The department store chain implements its Bold New Chapter strategy by closing underperforming locations. Targeted closures include stores in Brooklyn, Philadelphia, and Boynton Beach.
Walgreens
Walgreens announced plans to close 500 stores in 2025, with a total plan to eliminate 1,200 locations by 2027. The pharmacy giant faces industry-wide challenges affecting profitability. Store closure target areas with overlapping locations or declining foot traffic.
Family Dollar
Family Dollar will close 370 stores in 2025, following 600 closures in 2024. The company faces ongoing challenges in the competitive discount retail market. Due to this, the discount retailer continues large-scale downsizing efforts targeting underperforming locations.
CVS Pharmacy
CVS continues cutting back on stores under a reduction strategy initiated in 2021, having closed 900 stores within three years. The pharmacy chain targets areas with overlapping locations or low customer traffic.
The closing of the stores aligns with the company’s focus on expanding healthcare services rather than traditional retail. Digital transformation efforts influence the strategies for physical locations.
Advance Auto Parts
Advance Auto Parts plans to close more than 700 locations by mid-2025. The automotive parts supplier introduces a new three-year financial plan to revive struggling business operations. Store closures represent significant downsizing efforts within the automotive retail sector. The company struggles with decreased demand and operational challenges.
Kohl’s
Kohl’s closed 27 underperforming stores across 15 states by April 2025. The discount retailer also reduced its corporate workforce by 10%. Stores that are closing account for less than 3% of the company’s total of 1,150 locations. The San Bernardino e-commerce fulfillment center in California also closed in May.
JCPenney
JCPenney confirmed closing 8 locations by mid-2025. The company attributes closure to expiring lease agreements, market changes, and other operational factors. The retailer emerged from Chapter 11 reorganization in December 2020.
Best Buy
Best Buy plans to close up to 10 to 15 stores in 2025 due to high operational costs and declining customer visits. Previous closures focus on digital market expansion strategies. Remaining stores feature smaller sales floors with increased space for online order fulfillment.
Starbucks
Starbucks will close several dozen stores in 2025 as the company looks to optimize operations. Eleven locations reportedly closed by January 2025. The coffee chain faces traffic decline pressures affecting both revenue and profitability. New location introductions are being scaled back as part of operational adjustments.
Dollar Tree
Dollar Tree plans to close approximately 970 underperforming locations throughout 2025. The discount retailer focuses on maintaining profitable store operations. The stores that are closing are those with declining sales or operational challenges. The company evaluates individual location performance for the closure decision.
7-Eleven
7-Eleven faces 148 planned closures in 2025 following a challenging 2024 marked by inflation and decreased nicotine product sales. The convenience store chain prioritizes food offerings to reflect changing customer demand patterns. Store closures target underperforming locations with declining profitability.
Foot Locker
Foot Locker announced plans to close more than 400 low-performing stores in shopping malls through 2026. The footwear company targets 25% of locations in A- and B-rated malls and 50% of stores in C- and D-rated malls.
GameStop
GameStop’s difficulties continue despite efforts to pivot its business model. Many locations in smaller towns or declining malls will close in 2025 as the company transitions to feature gaming merchandise.
