Stores Closing in 2025: Select Macy’s, Forever 21 & Joann Fabric Locations!

Macy’s, Kohl’s, and Joann Fabric have announced they are closing all of their stores by the end of May 2025. Macy’s will close 66 stores, with liquidation sales set to start in January. These sales will run for approximately 8–12 weeks. Kohl’s will be closing 27 underperforming stores by April 2025, in hope to avoid bankruptcy like JCPenney and Sears; while Joann Fabric is closing all of their 850 stores this year. Check out all Macy’s locations that are expected to close here, and see the Kohl’s locations below:

• Alabama
  • Spanish Fort, 21000 Town Center Ave.
• Arkansas
  • Little Rock West, 13909 Chenal Parkway
• California
  • Balboa – San Diego, 5505 Balboa Ave.
  • Encinitas, 134 N El Camino Real
  • Fremont, 43782 Christy St.
  • Mountain View, 350 Showers Drive
  • Napa, 1116 1st St.
  • Pleasanton, 4525 Rosewood Dr.
  • Point West – Sacramento, 1896 Arden Way
  • San Luis Obispo, 205 Madonna Road
  • San Rafael, 5010 Northgate Drive
  • Westchester – 8739 S Sepulveda Blvd.
• Colorado
  • Arapahoe Crossing – Aurora,6584 S Parker Road
• Georgia
  • Duluth, 2050 W Liddell Road
• Idaho
  • Boise, 400 N Milwaukee St.
• Illinois
  • Plainfield, 11860 S Route 59
  • Spring Hill – West Dundee,3000 Spring Hill Ring Road
• Massachusetts
  • Stoughton, 501 Technology Center Drive
• New Jersey
  • East Windsor, 72 Princeton Hightstown Road
• Ohio
  • Blue Ash, 4150 Hunt Road
  • Forest Park – Cincinnati,100 Cincinnati Mills Drive
• Pennsylvania
  • Pottstown, 351 W Schuylkill Road
• Texas
  • North Dallas, 18224 Preston Road
• Utah
  • Riverton, 13319 S 3600 W
• Virginia
  • Herndon, 2100 Centreville Road
  • Williamsburg, 100 Gristmill Plaza

More Stores Closing in 2025

Dollar General Closing 96 Stores & 45 Popshelf Stores

Dollar General has announced they will close 96 Dollar General stores and 45 Popshelf stores. The locations were selected based on their current and predicted future performance and operating conditions. There are over 20,000+ Dollar General stores across 48 states, so these store closings represent less than 1% of their total store count. However, the Popshelf closures represent about 20% off their 220 stores. They have yet to announce the location closures, closing dates, or if there are going to be any liquidation sales.

Joann Fabrics and Crafts Closing All Stores

Joann Fabrics and Crafts is officially shutting down all 790+ of its locations nationwide after filing for bankruptcy—again. If you’re a fan of crafting, sewing, or home décor, this is a big deal.

Going-Out-of-Business Sales Have Begun – But Are the Deals Any Good?

Going-out-of-business sales have already started, but don’t expect jaw-dropping deals just yet. So far, discounts are hovering around 30-40%, with select fabrics marked down to 60%. Christmas items are seeing the steepest cuts at 80% off, but that’s still lower than what some stores offered in January. The longer you wait, the better the deals might get—but you also risk finding empty shelves.

Gift Cards and Returns: What you Need to Know Before Shopping

A big heads-up for anyone holding a Joann gift card: The company has stopped accepting returns, and gift cards will soon be worthless if the bankruptcy court allows it. Also, online orders? No longer an option.

Want Store Fixtures and Displays?  They’re for Sale Too

What about the stores themselves? Everything inside is up for grabs. Furniture, fixtures, and equipment are all being sold off, so if you need display racks or shelving, this might be your chance.

When Will the Sales End?

As for how long you have to shop, the liquidation sale is expected to last around 12 weeks, wrapping up by the end of May—or sooner if inventory runs out. If you’ve been meaning to stock up on yarn, fabric, or crafting supplies, now’s the time to make your move. See the full list of Joann stores scheduled to close here.

Forever 21 Closing All Locations

Forever 21 has about 350 locations and an online retail site, but it seems like all store locations are going to be closed, as they filed for bankruptcy on March 16th for the second time in six years. Their website will remain live for shoppers as they shutter locations.

The initial group of stores that have begun their closing sales will close on March 30th, while the remaining locations will close by May 1st. Also, if you have gift cards, they will be valid until April 15th, but I’d recommend using them as soon as you can!

Moreover, starting on April 21st, they are expected to lay off approximately 350 workers as they are shutting down their LA headquarters.

Big Lots Update: Stores Saved, Employees Retain Jobs!

Big Lots fans, there’s a twist! While the company announced going-out-of-business sales earlier, there’s now good news. Big Lots has agreed to transfer many assets to Gordon Brothers Retail Partners, LLC. As a result, 200-400 stores could remain open, with employees keeping their jobs!

Gordon Brothers, known for brands like Roses Express and Maxway, operates primarily in the Southeast and Mid-Atlantic regions. Though specific store locations haven’t been confirmed, it’s likely these areas will see stores stay open.

This agreement is still pending approval from the Bankruptcy Court, but it’s a hopeful development. High inflation and interest rates had pushed Big Lots into Chapter 11 bankruptcy in September. Stay tuned for updates as more details emerge!

Walgreens Closing 1,200 Stores

Walgreens is closing over 1,200 stores by 2027 – 500 of those will be closed during 2025, but has not announced which one will be closed! The decision of store closings is driven by rising costs, reimbursement challenges, and competition from online retailers. 

Family Dollar to Close 1000 Stores

Dollar Tree announced that it would close nearly 1000 branded stores. They shut down 600 Family Dollar stores in the first half of 2024, and will shut down 370 other stores over the next years, the same as 30 Dollar Tree stores at that period! Recently they were fined $41.6 million due to the presence of rodent activity at the warehouse, which is the main reason for closing hundreds of their stores!

The company also has a net loss of $1.7 billion! Dollar Tree, which acquired Family Dollar nearly a decade ago, has not released a comprehensive list of the locations it is closing but many of the stores might still be offering sales of up to 75% off. To take advantage of these deals, you can find the nearest Family Dollar here!

On the other hand, Aldi is opening 800 New Aldi Stores Nationwide!

Giant retailers also kicked off the year with store closures. Store closures are standard practice among traditional retailers who often evaluate the profitability of each location. In this round of closures, however, more retailers are taking the digital experience into consideration as well as the location and appropriate size of their stores. You can find a list of these retailers affected by closures below:

Foot Locker Closing Up to 420 Stores

By 2026, Foot Locker is planning to close up to 420 mall-based stores, and open 300 smaller, freestanding stores!

Quiksilver, Billabong & Volcom Closing All Stores

The popular surf, skateboarding and swimwear retailers, Quiksilver, Billabong, and Volcom, are closing all of their 124 U.S. store locations including Spyder, RVCA, Roxy and Honolua. The Liberated Brands, the company operating these stores, filed for Chapter 11 bankruptcy which resulted to all retail locations shutting down.

These brand names will continue under new licensing partners so you can still find their products at department stores and specialty retailers. If you have a gift card, note that you you won’t be able to use it. The exact closing dates of the physical stores are still yet to be confirmed.

Advance Auto Parts

Advance Auto Parts is closing more than 700 locations by the middle of 2025. USA Today reported that the car parts supplier plans to introduce a new three-year financial plan to revive their struggling business.

CVS Closing 270 Stores

CVS announced they are closing 270 of its locations in 2025 as part of a plan to reduce store density and better serve customer needs along with focusing on expanding its healthcare services.. They already closed 300 locations in 2024. This years closing store locations have not yet been disclosed, but it’s said that they are targeting stores with redundant coverage or low traffic.