Story perspectives
Retail Apocalypse: 45,000 Stores Set to Close Nationwide
6/2/2025
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Story summary
- Major US retailers, including Rite Aid and Dollar Tree, are closing stores due to economic pressures.
- Rite Aid is filing for bankruptcy again, shutting down 361 locations, while CVS will close 270 stores.
- Experts forecast up to 45,000 brick-and-mortar store closures across multiple retail sectors in the next five years.
