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U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were initially set to close in 2024 alone, and the iconic flagship location in San Francisco's Union Square was ...
Major retailers are closing stores in 2025: Here's what you ...
Best Buy plans to close 10-15 stores in fiscal year 2025, company representatives said during an earnings call in February. This continues the electronics retailer’s practice of closing ...
The company also revealed plans at the time to build 15 new Bloomingdale’s stores and at least 30 new Bluemercury stores, along with about 30 Bluemercury remodels, within three years' time.
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in 2025, the company says. ... with about 500 to be closed in the company's ...
See the full list of Rite Aid store closures for 2024. ... Rite Aid revealed 27 more locations that would be closing this year, per Business Insider. ... 2025 East Washington Street.
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...