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Retail Crisis: Thousands of Store Closures Loom in 2026

3/5/2026

41 3 Full Breakdown

Summary

Story summary

The U.S. retail sector in 2026 shows accelerating store closures, following 2025's 15,000 closures—nearly double 2024.
Walgreens reduced planned closures but will shut down its headquarters and lay off over 600 employees.
Francesca's is shutting all 457 stores after filing for bankruptcy, while Macy's closes 150 stores, Saks closes nearly 60 underperforming locations, and Kroger plans 60 closures.

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Story summary

The U.S. retail sector in 2026 shows accelerating store closures, following 2025's 15,000 closures—nearly double 2024.
Walgreens reduced planned closures but will shut down its headquarters and lay off over 600 employees.
Francesca's is shutting all 457 stores after filing for bankruptcy, while Macy's closes 150 stores, Saks closes nearly 60 underperforming locations, and Kroger plans 60 closures.