Business ❯Retail

Store Closures

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Torrid to Close 180 Stores in Shift to Digital-Led Model

The retailer is cutting costs to accelerate its move to an online-first strategy.

Layoff Tally Reaches Nearly 700,000 in First Half of 2025

CVS, Walgreens and Rite Aid Slash Retail Footprints with Hundreds of 2025 Closures

Joann to Close All Remaining Stores by May 31, Ending an 82-Year Legacy

JCPenney to Close Seven Stores on May 25 as Part of Retail Optimization

Poundland Set to Be Sold for £1 as Hundreds of Stores Face Closure

WHSmith Closes Stockton Store, Marking Latest Step in High Street Exit

Rite Aid to Close 115 Stores and List Remaining Locations for Sale Amid Bankruptcy

Iceland to Close Margate and Inverness Stores in Strategic Shift

Rite Aid Begins Second Bankruptcy, Plans Store Closures and Asset Sales

UK High Street Faces Surge in May Store Closures Across Retail and Banking Sectors

Joann Stores Continue Liquidation With 112 Closures Completed on April 28

Hudson’s Bay to Liquidate Final Six Stores as Asset Sales Advance

Saks Fifth Avenue to Close San Francisco Union Square Store in May

JCPenney to Close Seven Stores by End of May as Part of Targeted Adjustments

Goodwill SF Bay to Close Headquarters and Oakland Store in Major Restructuring

Major U.S. Retailers Announce Easter Sunday Closures

Kohl’s to Close 27 Stores Across 15 States This Saturday

UK Retail Closures Expected to Accelerate in 2025 Amid Rising Costs

Hudson’s Bay Begins Liquidation, Marking the End of a 355-Year Legacy