More than 8,000 chain stores in the US closed up shop in 2025 — heralding a ‘retail apocalypse’
Two big-name retailers have already announced store closures just two weeks into 2026 — and experts warn that the retail-shuttering roundup is only going to get more bleak. Household name department store Macy’s announced last week that it was shutting down 14 “underproductive” stores, while Saks Global group filed for bankruptcy on Tuesday. The hard-hitting … Read more
