US Store Closures Predicted to More Than Double in 2025 [Video]

New research indicates that the number of U.S. store closures in 2025 will be more than twice that of last year, while the rate of new shop openings continues to decline.

An estimated 15,000 stores will shutter in 2025, compared to 7,325 last year, according to Coresight Research, cited by Time Out. The number of openings is expected to fall to 5,800 from 5,970.

Why It Matters

The stark figures reflect the ongoing challenges faced by the retail sector in the U.S. and worldwide. As online shopping gets ever easier and more popular, high street retail’s decline threatens companies with closure or bankruptcy if they can’t adapt to the new consumer environment.

Many communities across the country remain reliant on malls and stores, which usually offer a significant number of employment opportunities and boost the local economy.

What to Know

More than 2,000 stores have already closed in 2025, Time Out reported, which represents an increase of …