Retail Closures Surged in 2024, and Could Double to 15,000 This Year
Experts say the rise in store shutterings is driven by rising online retail sales and consumers converging on big ...
Retail apocalypse: 15,000 stores could close in 2025, with Party City, Big Lots, Walgreens, 7-Eleven, Macy’s on the doomed list
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...
Store closings expected to climb
As many as 15,000 retail locations are likely to shutter, surpassing the number of openings again this year, according to ...
Macy's closing Superstition Springs store
Superstition Springs Center in northeast Mesa just lost another anchor store with Macy's pulling out this year. Sears left in 2018. The storied chain announced in early January it will close 66 "under ...
Macy’s announces planned store closures, including locations in Ohio
Macy’s is planning on closing 150 stores across the country, including some locations in Ohio. The company announced the ...
Pressure from Shein, Temu accelerate retail closures
Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight ...
Store closures hit highest level since pandemic — see who's shutting down the most locations
So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that ...
North suburban mall sees one of its few remaining stores close for good
The closure comes as the north suburban mall, once a bustling hangout and shopping destination with a busy movie theater, ...
Cosentino's Market in Brookside debuts renovation, expansion
Cosentino's Market in Brookside recently unveiled the finished product of a big renovation that involved expanding the grocery store into some of its adjacent parking lot. The grocery store had a ...
Bloomingdale’s to shutter flagship store in San Francisco Centre mall
The luxury department store, a unit of New York-based Macy’s, announced it would close its 339,000-square-foot flagship store at the half-empty San Francisco Centre at 865 Market Street, near Union ...