Reasons to Read

Discover which retailers are behind the rise in US store closures in 2025—and which ones have continued to expand.

Read this report to discover answers to these and other questions:

• Which retailers led the latest closures and openings across the US?
• How do store closure and opening trends in 2025 compare with those in 2024, and what do these findings indicate?

Companies mentioned in this report include: Annie’s Ibiza, Bass Pro Shops, Carter’s Inc., Daiso, H Mart, Hestra, Hitchcock’s Markets, Hobby Lobby, New Balance, Tori Richard and Tractor Supply Company.

Data in this report include: weekly totals of US store closures and openings for 2025 and 2024; retailer-level breakdowns of announced versus confirmed closures/openings; total store counts by retailer; total US retail bankruptcies year to date.

Other relevant research:

• The full collection of Store Tracker reports, including our UK-focused series
• The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.
• The Corporate and Financial Developments Databank includes details of management changes, financial guidance updates, retail and tech layoffs and capital raised by major retail companies.
• The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020.