Retailers That Closed in 2025

The past year witnessed significant retail bankruptcies, with over 8,100 store closures in the U.S., a 12% increase from 2024. Major brands like Bargain Hunt, Forever 21, Joann Fabrics, and Rite Aid permanently closed their doors due to fierce competition, declining sales, and financial struggles. Party City downsized after declaring bankruptcy, while Sonder abruptly ceased operations following the end of its Marriott partnership. These closures reflect ongoing challenges in the retail environment and shifting consumer behaviors.

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