Overview
- Business Insider has identified roughly 270 planned closures so far for 2026, spanning Macy's, Kroger, Carter's, Yankee Candle, Saks Off 5th, and REI.
- Macy's is executing a plan to shutter about 150 locations through 2026—after closing at least 66 in 2025—to concentrate on better-performing stores and online sales.
- Kroger is eliminating 60 unprofitable supermarkets over about 18 months beginning in 2025, a process the grocer says is underway.
- Newell Brands will start closing 20 Yankee Candle stores in January 2026 and will cut more than 900 jobs as part of a productivity plan, according to the company.
- Additional 2026 reductions include roughly 100 Carter's closures by year-end, nine Saks Off 5th locations, and REI stores in New Jersey, New York's SoHo, and Boston, with cuts concentrated in weaker markets.