Retailers Closing In 2025. Rite aid announced it would be closing more than. So why are so many retail stores—from discount shops to major apparel retailers—closing down in 2025?
Inflations, online shopping, and bad business deals are causing many massive retailers to shut down. It comes as 24 stores were shed in the 2025 fiscal year, chief financial officer matt bilunas said.
As the retail landscape continues to evolve, 2025 has seen several major retailers closing stores, shutting down entirely, or gearing up for an online presence.
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Walgreens' plans to pare back what it terms a significant portion of its 8,600 locations will likely worsen the pharmacy shortage in underprivileged communities.
Here are 15 major retailers that have announced mass store closings or are going out of business in 2025.