business / markets
3 hours ago

Over 2,000 U.S. Stores to Close in 2025 Amid Retail Shifts

Over 2,000 U.S. Stores to Close in 2025 Amid Retail Shifts
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7 Highlights
  • 2,000 US retail stores to close by 2025 amid major adjustments.
  • Party City leads closures with 700 stores shutting due to bankruptcy.
  • Big Lots to close 480 stores after receiving a bankruptcy lifeline.
  • Walgreens plans to shut 450 stores by the end of 2025.
  • Family Dollar closing 370 stores to focus on Dollar Tree.
  • Macy's begins broader closures with 66 stores shutting this year.
  • UBS predicts 45,000 US retail closures by 2029.
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