Retailers That Closed In MA In 2024 - And What To Expect In 2025

MASSACHUSETTS — The list of big national retailers shutting down locations across the country includes household names from Macy's to Walgreens to Stop & Shop. While some are trimming locations as part of the normal course of business, others are facing bankruptcy or moving to a digital-focused business model.

Over the summer, retail data provider CoreSight noted a 24 percent increase in store closures over last year as the retail industry adjusts to a shift in consumer shopping to online outlets, inflation, and bankruptcies.

Store Closures Surge In MA: See List Of Retailers Shutting Doors

And experts are anticipating that 2025 will be another rocky year for retailers. Some chains have already announced reductions in their numbers, and UBS analysts said the total number of closures could reach 45,000 over the next five years, according to Business Insider.

One of the national chains shutting down shops will be Advance Auto Parts, which will close 727 locations by the middle of next year. Walgreens will start shuttering a quarter of its US locations with 500 being closed in 2025. And Denny's has 100 closures planned for next year after 50 this year, Business Insider reported.

Family Dollar will also shut down locations next year to increase profitability and address operational challenges. Mall stalwarts like JCPenney, Victoria's Secret, Sears, and Foot Locker will shutter locations as well, according to MSN.

How those closures will impact Massachusetts remains to be seen. Below are some of the biggest stories of 2024 about the impact of retailers closing shops in the Bay State.

8 MA Stop And Shop Stores Are Closing: Here’s When

The grocer closed 32 underperforming locations across the region. Eight Massachusetts stores were affected

Big Lots Closing 2 More MA Stores Amid Bankruptcy: Reports

Big Lots closed several Massachusetts stores amid its bankruptcy filing and sale. The total number of closures reach nearly 500.

Bob's Stores To Close 6 Remaining MA Clothing, Footwear Locations

The discount clothing and footwear chain closed its six remaining locations in the state after filing for bankruptcy in June.

More Pharmacy Chains Closing In MA: What’s Behind It?

Walgreens, CVS, and Rite Aid all closed stores in 2024, citing a variety of reasons from reduced spending by inflation-weary customers to low reimbursement rates for pharmacy care and low dispensing fees for Medicaid enrollees.

Macy's To Close 150 Stores: Will MA Stores Be Affected?

The mall staple still has 16 remaining locations in Massachusetts but announced it would close underperforming stores in February. However, the Kingston, Braintree, and Hanover stores are all slated to close, according to Boston.com.

Kohl's Closing Department Store South Of Boston, Laying Off 77 Employees

One Kohl's store in Massachusetts is closing after the holidays. The store is also home to a Sephora beauty location.

How Joann Fabric Bankruptcy Will Affect MA Stores

The fabric and craft retailer Joann, which has 21 stores in Massachusetts, has filed for bankruptcy. However, it said all Massachusetts stores would remain open.

MA Walmart, Target Changing Self-Checkout Rules: What To Know

A major issue for big retailers has been an uptick in theft. Walmart and Target changed how self-checkout works for its customers in an effort to combat this problem.