So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that was only as of Jan. 10.
So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that was only as of Jan. 10.
The prediction represents a spike in retail closings from 2024, but store openings will remain constant at 5,800.
Coresight Research expects some 15,000 locations to shutter in 2025, with plans already up well over 300% year over year.
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