In 2025, several prominent retailers have closed their stores in response to changing consumer spending habits and shifts within the industry. It is important to note the various retail chains that ceased operations in 2025. Joann, as part of its ongoing bankruptcy restructuring, plans to shut down 500 of its approximately 850 locations nationwide. This decision follows Joann’s initial Chapter 11 filing in March 2024 and a subsequent filing in January 2025 aimed at expediting the sale process. Joann has faced financial difficulties for years, and despite securing $132 million in new funding, the company still owed around $1 billion at the time of its first Chapter 11 filing. Even after transitioning to private ownership, Joann struggled to achieve stability, leading to its second bankruptcy filing in January 2025. Court documents indicate that Joann’s latest reorganization efforts focus on reducing expenses through store closures and enhancing the company’s value for a potential sale. Additionally, Liberated Brands has filed for Chapter 11 bankruptcy, resulting in the closure of over 100 stores under the Volcom, Billabong, and Quicksilver brands across the country. The company, headquartered in Costa Mesa, California, cited inflation, high interest rates, and a shift in consumer preferences towards ‘fast fashion’ and e-commerce as key factors in its decline. Although more than 100 retail locations will close, the clothing products will still be available as the brands’ licenses have been transferred to another operator, with many items already accessible at retailers such as Dick’s Sporting Goods, PacSun, and Kohl’s.What remains unclear is that aside from the liquidation of the parent company, no specific timeline has been established for the closures. Meanwhile, discussions are still in progress concerning the company’s nine retail outlets in Hawaii. The context is that Quicksilver, Volcom, and Billabong are recognized for their millennial fashion influenced by surf and skate culture. These brands are part of the many physical retail chains that have faced challenges due to the decline in consumer spending following the pandemic and the rise of affordable ‘fast fashion’ alternatives available online. JCPenney has announced plans to close several of its stores by mid-year. The company has communicated to FOX TV stations that they expect to close a few locations, clarifying that the recent merger with Catalyst Brands is unrelated to these closures. In 2025, a significant number of Sears stores will shut down, leaving only a few operational, primarily in affluent areas. GameStop continues to face challenges despite efforts to revise its business model, with many locations in smaller towns or declining malls set to close in 2025. The company is adjusting its in-store offerings to include gaming accessories such as shirts and toys, and has initiated a strategy to sell vintage gaming consoles and games. Advanced Auto Parts plans to close over 700 locations by mid-2025, as reported by USA Today, and aims to introduce a new three-year financial plan to revitalize its struggling business.
Here are the stores that are closing in 2025
