US Edition
‘A Retail Apocalypse’: Big Box and Chain Retailers Undergo Wave of Closures
- Big box and chain retailers across the U.S. are accelerating store closures amid shifting shopping habits and economic challenges in 2025.
- This pattern aligns with a significant increase in internet-based shopping over the last seven years, coupled with stagnant earnings among middle- and lower-income families.
- Retail experts emphasize that malls must offer experiences like movies, gyms, and restaurants instead of just stores to attract customers and survive.
- Coresight Research anticipates approximately 15,000 store closures this year, while Rite Aid, burdened by debt and opioid-related lawsuits, entered bankruptcy protection for the second time in May and intends to liquidate all of its assets.
- These closures suggest a continued reshaping of retail environments, with some malls repurposing space and businesses needing to differentiate themselves to remain viable.
23 Articles
23 Articles
Small towns devastated after Wal-Mart Stores Inc decimates mom-and-pop shops, then packs up and leaves: 'They ruined our lives'
Though mom-and-pop stores have steadily disappeared as the mega chain methodically expanded, there was at least always a Wal-Mart left behind to replace them. Now t…
Concern about Uptown’s changing face is familiar and overwrought
People are saying that uptown is in crisis, at least, if you focus on the surface-level view at Lake and Hennepin. The Minneapolis neighborhood’s prime real estate spot is almost nothing but vacant buildings. Spaces that formerly housed MAC cosmetics, Victoria’s Secret, Urban Outfitters, Famous Dave’s, Juut Salon and more now simply say “For Lease.” The retail blight colors conversations about a neighborhood that is thriving by other metrics. I …
The Sun (Lowell)
‘A retail apocalypse’: Big box and chain retailers undergo wave of closures
Open the article to view the coverage from The Sun (Lowell)
Rite Aid store closures: Latest list of doomed locations brings grim total to more than 1,000 pharmacies
The number of Rite Aid stores marked for closure just hit a grim milestone. In a bankruptcy court filing last week, the ill-fated pharmacy chain disclosed another 123 locations that will close their doors as it works through its Chapter 11 proceedings and commences with a full wind-down of its operations. With this latest list, Rite Aid has now marked more than 1,000 locations for closure since it filed for bankruptcy in early May. At the time o…
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