The retail sector is bracing for a wave of store closures through the end of 2025, based on a report predicting almost 2,000 more retail locations closing than in 2024.
In January 2025, the research firm Coresight Research predicted a net of about 9,200 closings for the year, with 15,000 store closings and 5,800 new openings, according to CoStar .
Retailers closed about 7,325 stores in 2024.
2025 store closings surpass 2024
Store closings in 2025 have totaled about 5,822 as of June 27, significantly surpassing last year's mid-year total of 3,496, Coresight Research reported.
Related: Another craft beverage company files for Chapter 11 bankruptcy
The study also identified 3,960 store openings during the same period in 2025.
Home goods retailer At Home has joined the store closure