As brick-and-mortar retailers like Macy’s, Rite Aid and Joann Fabrics close stores, Kohl’s has also announced that it will be shuttering several locations. 27 underperforming Kohl’s stores are closing this Saturday, leaving shoppers to find other retailers or turn to online shopping to fill the gap.
These may be just the beginning of the store closures that we’ll see from various retailers in 2025. Coresight Research, a research and advisory firm specializing in retail and technology, predicts that approximately 15,000 United States stores will close in 2025.
