All articles tagged with #retail closures
Amazon plans to retire its Amazon One palm-ID system for retail on June 3, 2026, as it closes all Amazon Go and Amazon Fresh locations and shifts emphasis to Whole Foods and grocery delivery. Customer data will be securely deleted, and unenrollment is available; some locations may remove devices earlier, with healthcare-site check-ins continuing for now.
Sprinkles Cupcakes grew from Candace Nelson’s home bakery to a nationwide brand with signature 24‑hour cupcake ATMs and dozens of shops, but after Nelson’s 2012 exit and a private-equity takeover, the company abruptly closed all company‑owned locations by Dec. 31, 2025, leaving employees jobless and highlighting the risks of brick‑and‑mortar bakeries amid rising costs and shifting consumer tastes, despite diversification efforts like DTC sales and a new franchise program.
In 2025, over 8,100 stores across the U.S. closed due to a wave of bankruptcies and economic challenges, including major brands like Bargain Hunt, Forever 21, Joann Fabrics, Liberated Brands, Party City, Rite Aid, and Sonder, reflecting ongoing struggles in the brick-and-mortar retail sector.
In 2025, several well-known retail stores including Forever 21, Joann Fabrics, Party City, and Rite Aid closed down due to bankruptcy and financial struggles, marking a significant shift in the retail landscape amid economic challenges.
Many stores, pharmacies, and services have modified hours or are closed on New Year's Day 2026, with grocery stores generally open with reduced hours, while banks, stock exchanges, and postal services are mostly closed. Retailers like Walmart and Target remain open, but some specialty stores and services have limited hours or closures.
Most major stores and grocery chains are closed on Christmas Day 2025, but some convenience stores like CVS, Walgreens, and 7-Eleven are open, along with select restaurants such as Applebee's, Domino's, IHOP, and some McDonald's locations. Post offices and the stock market are closed, while UPS only offers limited delivery services. It's advisable to check specific store hours before visiting.
Most major U.S. retailers close or have reduced hours on Christmas Day, with some stores like Walgreens, CVS, and 7-Eleven remaining open, often with modified hours. It's advisable to check specific store hours online or by calling ahead before visiting during the holiday.
Most major stores like Walmart, Target, and Sam's Club are open on July 4, 2025, with Walmart and Target operating on regular hours, while Costco is closed for the holiday. Many grocery stores and retailers are open, but some, like Costco, are closed, so it's advisable to check local hours before heading out.
Major drugstore chains like Walgreens, CVS, and Rite Aid are closing hundreds of stores due to financial struggles, theft, underperformance, and lease issues, with Rite Aid planning to close all of its approximately 1,240 stores amid bankruptcy proceedings.
Franchise Group, the operator of American Freight, has filed for Chapter 11 bankruptcy and announced the closure of all 370 American Freight Appliances & Furniture stores, including 10 in Alabama. This decision is part of a strategy to focus on its other businesses, Pet Supplies Plus, The Vitamin Shoppe, and Buddy’s Home Furnishings, which will remain open. The closures are attributed to inflation and macroeconomic challenges affecting the durable goods sector.
San Francisco Centre, the city's largest shopping mall, is facing a crisis as it has lost five retailers in the past month, bringing its occupancy rate down to just 25%. The mall's value has plummeted by $1 billion, and its owners have defaulted on a $558 million mortgage due to declining foot traffic and sales exacerbated by the pandemic. A receiver has been appointed to manage the property, and there are proposals to redevelop it into a soccer stadium. The city's broader issues, including crime, homelessness, and housing shortages, have also contributed to the mall's struggles.
Gump's San Francisco, a 166-year-old luxury retailer, warns that this could be their last year due to worsening downtown conditions in San Francisco, including homelessness, drug use, and harassment. The city's high office vacancies, declining tourism, and rising property crimes have contributed to the economic struggles of retailers in the area. Gump's would join a growing list of retailers, including Nordstrom and Whole Foods, that have closed their doors in San Francisco's Union Square neighborhood. The city's housing affordability crisis has also led to an increase in the unhoused population.
Goorin Bros., a century-old hat boutique specializing in fedoras and leopard print hats, has closed its location in San Francisco's Union Square due to the city's struggles in attracting tourists and office workers following pandemic lockdowns. The closure is part of a trend of retail closures in the city, driven by a combination of pandemic-related challenges and increasing crime rates. Nordstrom and Walgreens are among the other businesses that have closed stores in San Francisco due to similar issues.
Elon Musk tweeted that downtown San Francisco feels "post-apocalyptic" due to the closure of many retail establishments, including Nordstrom's flagship store and a nearby Nordstrom Rack location. The closures have been blamed on unsafe conditions and rampant shoplifting, as well as changing retail shopping habits and a pivot to remote work that has emptied downtown of workers. While San Francisco statistically has less violent crime than other major cities, property crime remains high.