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10 Big Brands Closing the Most Locations in 2025

Discover which household names are scaling down with mass closures in 2025.

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Updated Feb. 3, 2025
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It's vital to know the best ways to save more on everyday essentials at your favorite stores and retailers. 

For shoppers on a budget, it's important to be informed of potential store closures in order to shop smarter. 

Here are 10 retail chains that have been projected to close locations in 2025. 

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Foot Locker

JHVEPhoto/Adobe Eaton Centre shopping mall Foot Locker

By 2026, around 400 total Foot Locker and Champs Sports locations will have faced closures.

Moving forward, the company plans to pivot to a younger demographic via greater square-footage and unique store experiences. 

Party City

JHVEPhoto/Adobe front view of  Party City shop located in Toronto.

Party City has faced an uphill battle after two Chapter 11 bankruptcy filings in the last few years. 

Regretfully, the iconic party supplies retailer announced that all locations will be closed by February 2025. 

CVS

jetcityimage/Adobe CVS Pharmacy Retail Location

In 2021, drugstore retailer CVS introduced a plan to close up to 900 locations over the next few years. 

By March 2025, four locations in Connecticut and Michigan will be included in the closures as well in order to improve foot traffic or decrease redundant customer footprints.  

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Big Lots

JHVEPhoto/Adobe south carolina big lots store

Even retailers known for their expansive inventory aren't immune to retail challenges. 

601 locations were reported for potential closure in 2025, according to Coresight. 

Although, with Big Lots under new ownership, some locations may be saved. 

The retailer will determine which stores won't be shuttered by April 7, 2025. 


Best Buy

Sundry Photography/Adobe A Best Buy store

Best Buy aims to close up to 15 stores in 2025. 

Best Buy's store closures in years prior were due to a focus on the digital market. Stores were remodeled with a smaller sales floor, while the rest of the space was used to fulfill online orders.

Walgreens Boots Alliance

wolterke/Adobe outside of walgreens store during day

Walgreens Boots Alliance announced 333 store closures for 2025, according to Coresight. 

"In fiscal 2025, we are focusing on stabilizing the retail pharmacy by optimizing our footprint, controlling operating costs, improving cash flow, and continuing to address reimbursement models to support dispensing margins and preserve patient access for the future," said Walgreens Boots Alliance CEO Tim Wentworth.


Starbucks

boyloso/Adobe Starbucks frappuccino cups at starbucks shop

10 Starbucks locations were reportedly closed by January 2025, according to Starbucks Everywhere and Usearch. 

Additionally, a San Francisco location is projected to close on February 9, 2025. 

Introducing new Starbuck locations will also be halted as well. 

Macy's

Eric BVD/Adobe Macy's store in Honolulu

Macy's announced plans to close 66 "non-go-forward" and "underproductive" locations in 2025.

"Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy's stores to allow us to focus our resources and prioritize investments in our go–forward stores, where customers are already responding positively to better product offerings and elevated service," said Macy's, Inc. chairman and CEO Tony Spring. 


7-Eleven

Roland Magnusson/Adobe 7-Eleven Sweden

Inflation coupled with decreased sales in nicotine products resulted in a challenging 2024 for the convenience store.

148 closures are planned for 2025, and moving forward 7-Eleven plans to prioritize foodstuffs to reflect customer demand.  

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Kohl's

Sundry Photography/Adobe kohl's south san francisco bay area mall

27 Kohl's locations will halt sales for good in April 2025. 

In addition ongoing store closures, the discount retailer reduced its corporate team by 10%.

Bottom line

VadimGuzhva/Adobe girl going shopping

While bidding farewell to a beloved local store can sting, remember that it also presents a rare financial opportunity.

Redirect those saved shopping trips towards proactive money moves, like tackling debt in order to lower your financial stress.

Soon, you might find yourself thanking the shuttered doors for paving the path to a more secure financial future.

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