10 Popular Stores Closing Locations in 2025 (Is Your Favorite on the List?)

It's vital to know the best ways to save more on everyday essentials at your favorite stores and retailers. And for shoppers on a budget, it's important to be informed of potential store closures in order to shop smarter. 

From bankruptcies to declining sales, the retail landscape has been dismal. Here are 10 retail chains that have been projected to close locations in 2025. 

By 2026, around 400 total Foot Locker and Champs Sports locations will have faced closures. Smaller regional malls and larger but underperforming malls will be most affected.

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

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 in December 2024 that all locations would be closed by February 2025. 

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

In a recent annual report filed in February, the chain announced that 270 stores will close in 2025 as part of a restructuring plan to streamline and simplify the organization. 

Best Buy aims to close up to 15 stores in 2025 due to high costs and low customer visits.

The chain'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.

In late 2024, Walgreens announced that hundreds of underperforming stores would close in 2025, and more than a thousand would close over the next three years. 

Many of these closures happened in May, and more could close over the course of the summer.

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

"Despite our heightened investments, we were unable to change the trajectory of our traffic decline, resulting in pressures in both our top-line and bottom-line," said Starbucks Chief Financial Officer Rachel Ruggeri in a statement. "While our efficiency efforts continued to produce according to plan, they were not enough to outpace the impact of the decline in traffic."

Introducing new Starbucks locations will also be scaled back. 

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 in a statement. 

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

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

Kohl's halted sales for 27 locations in 15 states this year, with most closed by April. In addition to ongoing store closures, the discount retailer reduced its corporate team by 10%.

 The San Bernardino E-commerce Fulfillment Center in California also closed in May.

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.