This year has seen significant changes in several popular retail chains nationwide. With the economic climate witnessing drastic changes, these chains took drastic steps to lessen their losses. This resulted in the closure of hundreds of underperforming stores in the U.S.
9 Retail Chains in the U.S. That Closed Hundreds of Stores This Year
From clothing stores to convenience store chains, 2025 has seen multiple closures from iconic brands. As inflation and other economic changes burden businesses both big and small, some changes were inevitable. So, here are brands that have reduced their footprint this year:
1. JOANN
For more than 80 years, JOANN has been a beloved destination for makers and craft enthusiasts. However, following its bankruptcy earlier this year, the retailer decided to close all 790 locations. The stores were closed after a massive sale that lasted for approximately 12 weeks.
Offering a wide range of crafting, sewing, and home decor products, JOANN gained exceptional popularity over the years. It was also known for its customer service and the savings provided on favorite items.
2. Forever 21
After filing for bankruptcy, popular clothing brand Forever 21 proceeded to close multiple stores nationwide. During this time, around 350 U.S. stores were closed under court supervision. Meanwhile, the brand stated that rising costs and increased competition led to this decision.
The multinational fast-fashion retailer was known for its fashion, style, and keeping up with trends. However, this was the second time it faced bankruptcy in six years.
3. Claire’s
A popular retailer of accessories, jewelry, and toys, Claire’s has been an essential part of the childhood of many. But this year, it closed 291 stores after filing for Chapter 11 bankruptcy. The move was part of a court-supervised restructuring plan and was taken to maximize the company’s overall business value.
Claire’s is an affordable accessories and fashion items brand that appeals to teens across the U.S. For more than 60 years, it has been the destination for creativity and self-expression among many.
4. Walgreens
Drugstore chain Walgreens pulled the shutters of approximately 500 locations this year. While the plan targets underperforming stores, it is assumed to close up to 1,200 stores by 2027. This decision comes from thefts, changes in consumer behavior, and profitability issues that have harmed the company’s interests.
As the second-largest pharmacy chain in the U.S., this move surely came as a surprise. However, it was also a strategic move to ensure the future of this company, which comes with a 170-year heritage of caring.
5. Family Dollar
As part of Dollar Tree’s fourth-quarter press release for 2024, the brand continued its plans to close its stores in 2025. By early February this year, the brand successfully closed 695 stores out of its plan to close nearly 1,000 stores. In 2025 alone, about 370 Family Dollar stores closed after their leases expired.
Family Dollar is one of the nation’s fastest-growing variety store chains. Founded in 1959, it offers everything from household cleaners to decor, kitchen items, and more. The brand’s significant financial struggles led to the closure of these stores.
6. Advance Auto Parts, Inc.
As part of its major restructuring plans, Advance Auto Parts confirmed its plans to close approximately 700 locations. A retailer of quality auto parts, advice, and accessories, the brand made this decision as part of its strategic plan. This is to cut down the number of properties that are part of its operation and reduce costs.
Started in 1929, the retailer operates thousands of locations nationwide. This shutdown of stores is part of the brand’s Asset Optimization Program that aims to help the brand strengthen its core and build a stronger foundation.
7. 7-Eleven
This year, popular convenience store chain 7-Eleven decided on the closure of several underperforming stores. According to npr.org, the plan was to close approximately 444 stores across North America between late 2024 and 2025. This was part of the brand’s optimization plan to focus on larger, food-forward stores.
7-Eleven is the go-to convenience store popular for its food, snacks, hot and cold beverages, gas, and more. Known as the leading convenience retailer, it has a global popularity that was earned over the years.
8. Carter’s
Well-known children’s clothing brand Carter’s announced its plans to close 150 stores across the country. The announcement came along with the company’s third-quarter 2025 financial results. This is part of the company’s plan to enhance its productivity and transform itself.
Carter’s is a global children’s apparel giant that is known for its stylish yet affordable clothing. According to the plan, the closure will progress over the next three years, but 100 store closures have already been scheduled for this year. The company is also laying off staff and introducing other cost-cutting measures to balance out the losses.
9. Macy’s
Earlier this year, popular brand Macy’s announced the closure of its 66 locations nationwide. These closures were part of the company’s Bold New Chapter strategy, which will move on to close more stores over the next three years. The strategy focuses on underperforming stores whose resources will be redirected to other stores and investments.
Macy’s is a trusted source for quality brands and is headquartered in New York City. Known for offering world-class customer experience and everything from the latest fashion, it has been an essential part of various neighborhoods.
These closures mark a significant change in the retail industry, while analysts see this as a strategic move to restructure businesses. By refocusing resources on better-performing stores and future investments, these brands show their aim to strengthen their foundation in the industry.
