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The past twelvemonth saw a question of bankruptcies, with a fig of large nationalist brands permanently closing their doors amid uncertain economical maturation and ongoing challenges among brick-and-mortar businesses.
More than 8,100 stores closed crossed the U.S. successful 2025, up astir 12% from 2024, according to retail manufacture analytics steadfast Coresight Research. Here are immoderate of the larger retailers that closed their stores this year.
Bargain Hunt
Bargain Hunt, a Nashville-based discount retailer, said successful February that it would shutter all of its 92 stores successful 10 states aft declaring bankruptcy.
Forever21
Fast-fashion retailer Forever 21 coiled down its U.S. operations successful the look of stiff contention from overseas retailers specified arsenic Shein and Temu.
Forever 21 blamed "competition from overseas fast-fashion companies, which person been capable to instrumentality vantage of the de minimis exemption to undercut our marque connected pricing and margin."
Joann Fabrics
Hudson, Ohio-based Joann Fabrics successful February shuttered each of its stores crossed the U.S. aft much than 80 years successful the concern of selling fabrics and trade supplies. It had declared bankruptcy for a 2nd clip successful January aft experiencing flagging sales.
The retail concatenation failed to find a purchaser that would support its stores open, forcing it to adjacent its stores amid "significant and lasting challenges successful the retail environment," Joann said successful a connection astatine the time.
Liberated Brands
Liberated Brands said successful February that it would close each of its 122 stores. The Costa Mesa, Calif.-based retailer focused connected sports and outdoor apparel, with its brands including Beachworks, Becker Surfboards, Billabong, Boardriders, Honolua Surf, Quiksilver, ROXY, RVCA, Spyder and Volcom.
Party City
Party City closed hundreds of company-owned and franchise store outlets this twelvemonth aft declaring bankruptcy successful precocious 2024. A fistful of autarkic franchise stores stay unfastened successful the U.S. The enactment supplies seller besides continues to run arsenic an online retailer aft its marque was purchased successful aboriginal 2025 by retailer Ad Populum.
Rite Aid
After filing for bankruptcy doubly successful 2 years, nationalist pharmacy concatenation Rite Aid successful October announced the closure of each of its locations.
Rite Aid, founded successful 1962, faced sluggish income and precocious costs linked to opioid-related lawsuits. The Justice Department filed a ailment against the institution successful 2023, accusing it of violating the False Claims Act and the Controlled Substances Act by filling unlawful prescriptions for oxycodone and fentanyl, CBS News reported.
What's near of its website present directs erstwhile customers to petition aged pharmacy records and helps them find a caller provider.
Sonder
Former Airbnb rival Sonder, a short-term rental company, abruptly ceased operating successful November, leaving guests stranded and, successful immoderate cases, locked retired of their accommodations.
Sonder went retired of concern aft Marriott ended its licensing woody with the hospitality company.
"Unfortunately, our integration with Marriott International was substantially delayed owed to unexpected challenges successful aligning our exertion frameworks, resulting successful significant, unanticipated integration costs, arsenic good arsenic a crisp diminution successful gross arising from Sonder's information successful Marriott's Bonvoy preservation system," interim Sonder CEO Janice Sears said successful a connection past month.
Edited by Alain Sherter
English (US) ·