#store-closures

#store-closures

For last-minute purchases, try a Trader Joe's—unless you live in Portland, Maine, where the local stores will be closed.

Morrisons announced on March 24 that it will be closing 17 convenience stores and 52 in-store cafes as part of a broader restructuring effort.

Denny's plans to close a total of 180 underperforming stores by the end of 2025, marking a significant reduction in its U.S. presence amid ongoing financial strain.

Nordstrom will close two locations in Massachusetts due to expiring leases, with an emphasis on supporting impacted employees during the transition.

In 2024, business bankruptcy filings rose by 33.5%. Many retailers and restaurants struggled as consumers prioritized essential items over discretionary spending, leading to a wave of closures.

A Macy's employee remarked, "in-person stores are still holding on, and we're still making our numbers because people are shopping," highlighting the enduring importance of physical retail.