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Major us retailers announced more than 7,300 store closures last year, up 57% from 2023, according to coresight research Chains are on track to close the highest. That’s the highest annual number of closed stores since 2020 when the pandemic led to mass disruption of businesses across the country.
Last month, joann became the latest retailer to announce it will shutter all of its stores as it was auctioned under new ownership Major retailers have announced 6,189 store closures so far this year, already outpacing last year’s total of 5,553, according to coresight research The retailer will close 800 stores nationwide
So far this year 4,426 stores have opened, while 4,548 have closed.
Store closures in the u.s Spiked in 2024 and are expected to rise to about 15,000 this year, according to coresight research, a retail advisory group. Some might be missed more than others, but they all have a place in american shopping history. And when people are shopping in retail stores, they’re no longer shopping at these 24 stores
We’re looking at 24 stores that the baby boomer and gen x generations may remember but aren’t around anymore.
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