U.S. Store Closures Predicted to Hit 15,000 in 2025, Doubling Last Year’s Total

Retailers face mounting challenges, including economic pressures, shifting consumer habits, and increased competition from e-commerce.

Coresight Research projects 15,000 U.S. stores will close in 2025, more than double the 7,325 closures recorded in 2024.
Over 2,000 stores have already shut down this year, marking a 334% year-over-year increase in early closures.
Economic pressures such as high interest rates, a sluggish housing market, and tariff policies are forcing retailers to close underperforming locations or file for bankruptcy.
Major retailers like Macy’s, Kohl’s, and Big Lots are consolidating operations, while discount and off-price chains such as Dollar General and Aldi continue to expand.
Experts note that while brick-and-mortar retail remains significant, adapting to consumer demand for convenience and affordability is crucial for survival.