Overview

• 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.