40 Brands That Are Closing Stores This Year

There’s been talk of a recession on the horizon, and few industries have felt this more than retail. Sales are declining thanks to people finding what they want elsewhere at a cheaper price. There's a real risk that many of our favorite brands won't be around much longer.

We've seen the headlines about Macy’s and Sears shuttering hundreds of stores while selling off their beloved brands. But these older stores aren't the only ones at risk—even new, growing companies are doing an about-face in terms of opening stores.

We’re going to go over 40 stores that have felt the squeeze especially tight. Honestly, we’re not sure some of these major brands will be around much longer, so make sure to stock up on their merch!

Macy’s is seriously struggling like many other retail stores. Every year they close more stores, and 2023 will be no exception to this unfortunate trend. This year alone, the iconic brand has plans to close more than 125 stores across 18 states. And it appears that even more closures are on the horizon.

Macy’s

According to the company's plan, there are still upwards of 70 stores that are potentially slated for closure. While the company has no drastic changes currently in mind for its online business, this might be the beginning of the end when it comes to brick-and-mortar Macy's stores.

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40 Brands That Are Closing Stores This Year

Macy’s

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