Sunday, December 22

Walgreens and Family Dollar among the 6 major retail chains that will close branches in 2025

Changing consumer habits who have shifted towards online shopping has significantly impacted retail storeswhich given the current panorama have seen sales in their physical stores impacted.

And it is that he E-commerce is increasing over purchases in physical stores, so retail stores face ups and downs, and not all manage to overcome financial difficulties.

Therefore, several retail store closures in 2025. On this occasion we will mention a list of 6 retail stores that have already announced the closure of several of their branchessome will begin next January.

Pharmacy giant Walgreens has faced financial difficulties and announced the closure of 1,200 branches. In fiscal year 2025it is expected that close 500 branchesand total closures will reach 1,200 by the end of 2027.

The stores that will be closed are those that Walgreens considers underperforming. According to the company’s CEO, Tim Wentworth, These changes will result in a “healthier store base”.

BuyBuy Baby

BuyBuy Baby has had financial problems in the past, and in 2023 sold its intellectual property for $15.5 million to a company called Dream on Mebased in New Jersey.

Although the sale did not include the chain’s 120 physical stores, the stores were left empty. In November 2024, BuyBuy Baby bought back 11 of its stores, but now has decided to focus on becoming a top-level digital brandl, abandoning its physical store model and following the growing trend of e-commerce.

Advance Auto Parts

In 2025, It will be a little more difficult to get items for your vehicle as Advance Auto Parts will be closed 727 stores by mid-year. According to the company’s CEO, Shane O’Kelly, this action is necessary to support the long-term health of the company.

Despite the closures, the company continues to have more than 4,700 branchesso although there will be fewer options, the company will continue to operate in the country

Macy’s

Macy’s, in an effort to improve its revenue and maintain its growth, announced that it will close 150 stores until 2026. Additionally, the company had planned to close about 50 stores by the end of 2024, but this number has increased to 65. According to Macy’s CFO, Adrian Mitchellare very pleased with the progress and traction of this process.

Family Dollar

The Family Dollar discount store chain, which is known for offering convenience items, will also be affected. In March 2024, the company announced that would close 600 of its branches. Additionally, it is expected to close an additional 370 stores in 2025.

These closures are the result of several factors, including reduced SNAP benefits in low-income communities and tight profit margins.

CVS

Although it seems almost impossible to imagine a community without CVSthe pharmacy chain is also among the retailers that will close stores.

CVS has been adjusting its approach to focus more on its health serviceswhich includes the closure of some stores that are not as profitable.

After closing about 300 stores, the company plans to invest in its network of MinuteClinicoffering primary care services such as vaccines and treatments for common diseaseslike the cold and flu, in communities across the country.

These closures are part of an ever-changing retail landscape, where companies must adapt to new market realities, technology and consumer demands.

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