Retail Shake-Up: Big Names Bite the Dust in 2025

2025 was a tough year for big-name retailers. Many well-known stores shut down for good. Over 8, 100 stores closed across the U. S. This is a big jump from the year before. Why did this happen? It's a mix of things. Online shopping is growing. Plus, people are spending less. And some stores just couldn't keep up with the competition. Bargain Hunt, a discount store, closed all its locations. They had 92 stores in 10 states. Forever21, a popular fashion brand, also shut down. They blamed cheap imports for their troubles. Joann Fabrics, a craft store, closed after 80 years. They couldn't find a buyer to save them.Liberated Brands, a sports and outdoor apparel company, closed all 122 of its stores. Party City, the party supply store, closed many locations. But you can still buy their stuff online. Rite Aid, a pharmacy chain, closed all its stores. They had legal troubles and money problems. Sonder, a short-term rental company, suddenly stopped operating. They had issues with their technology and lost a big deal with Marriott. This left many guests stranded. It's a reminder that even big companies can fail. So, what's the lesson here? The retail world is changing fast. Stores need to adapt or risk getting left behind. It's not just about having a physical store anymore. They need to offer something unique. Otherwise, they might end up like these big names that closed in 2025.