Tag Archives: retail

Empty Stores Everywhere! America’s “Retail Apocalypse” Is Already The Worst In History, And There Are Signs That It Is Getting Even Worse… | The Economic Collapse

Did you know that more stores were closed in the United States last year than ever before? More than 8,000 stores were permanently shuttered in 2025, and it appears that 2026 will be even worse. U.S. consumers have very little discretionary income to spend these days, and empty stores litter the landscape. If you live in a relatively prosperous area in our “K-shaped economy”, there may be just a few empty stores where you live. But if you live in a depressed area of the country, you may be faced with constant reminders of our retail apocalypse because there are abandoned stores virtually everywhere that you go. The wealthy are still spending lots of money at retailers, but things have gotten very tight for the rest of us. As a result, we are witnessing a tsunami of store closures that is unlike anything that has ever happened in the entire history of our nation.

Coresight Research is reporting that a whopping 8,234 stores were permanently closed in the United States in 2025

Data shared with Daily Mail last month shows 8,234 US stores permanently closed last year – a staggering figure that marks a fresh blow to brick-and-mortar retail.

That’s 12 percent more than last year’s total of 7,325 closures, according to Coresight Research, and the highest number ever recorded.

We set the bar really high in 2024, and then we smashed that number by 12 percent in 2025.

Is that a good sign for the U.S. economy or a bad sign?

Needless to say, if the U.S. economy really was in good shape thousands of stores wouldn’t be closing.

And the number of store closings is a figure that government bureaucrats have no way to manipulate.

Stores either stay open or they get closed.

The fact that so many are being closed says a lot about where things are heading.

And this month there have been all sorts of signs that America’s “retail apocalypse” is getting even worse.

For example, Francesca’s has suddenly announced that all locations will be permanently closed and all inventory will be liquidated…

Nationwide women’s clothing brand Francesca’s has begun the process of closing all store locations, Women’s Wear Daily reports.

A customer service representative told the outlet the company was “liquidating our inventory and closing soon.” Francesca’s didn’t confirm the news publicly or provide any further details.

The company, which began in Houston in 1999, lists more than 450 locations across 45 states on its website. As of Monday, the site was advertising “last chance” warehouse clearance sales.

Francesca’s says it employs more than 3,400 associates.

Over 450 more stores are gone.

Just like that.

Meanwhile, the parent company of Value City Furniture has decided that now is the time to permanently close all 89 of the stores that it runs…

The parent company of Value City Furniture announced it would be closing all of its stores after nearly 80 years in business.

American Signature Inc.’s decision comes after it filed for Chapter 11 bankruptcy in November 2025, according to The Street.

A press release from the company stated that liquidation sales started on Jan. 10, 2026, at the company’s 79 Value City Furniture stores and 10 American Signature Furniture locations.

Value City Furniture was an institution when I was growing up.

I can still remember the television commercials.

But now in the blink of an eye it is gone.

This is what the economic environment is like in 2026.

Macy’s was once a retail behemoth, but it is currently closing 14 stores as part of a plan to shutter approximately 150 locations by the time we reach the end of this calendar year…

Macy’s announced that it’s closing more than a dozen additional stores in 2026 as it pushes forward with plans to shutter underperforming locations to boost profitability.

Approximately 14 stores are slated to close during the first fiscal quarter as part of its “Bold New Chapter” turnaround strategy, which includes shuttering about 150 underperforming locations by the end of 2026.

But at least Macy’s is doing better than Saks.

Earlier this month, Saks Global made headline news all over the globe when it announced that it would be filing for bankruptcy

Saks Global – the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman – filed for bankruptcy protection on Wednesday, marking a low point for the nation’s biggest luxury department store conglomerate.

The firm filed for Chapter 11 bankruptcy, which indicates a need for new ownership as debt impedes operations. Stores will remain open, but some locations may shutter as part of the reorganization.

I don’t know how a turnaround is going to be possible.

The company has been churning through hundreds of millions of dollars, but things just keep going downhill.

Of course just about every retailer that is dependent on mall traffic is hurting these days.

In fact, one of the most popular stores for plus-size women’s apparel has been rapidly shutting down locations

A popular mall merchant continues closing “underperforming” locations as it aims to shutter hundreds of stores.

Torrid, a retailer of plus-size women’s apparel, announced in August 2025 it had closed 57 stores towards its plan to shutter 180 stores for the year. More recently, individual store closings are continuing, including a Connecticut location that is shutting down this month, The Street reported.

When I was a teenager, going to the mall was the thing to do.

But who has the money to shop at the mall at this stage?

Yes, the wealthy still have lots of money to spend, but the middle class is evaporating right in front of our eyes.

GameStop once thrived selling video games to middle class kids, but now they plan to close over 470 stores in 2026…

GameStop is closing more than 470 stores nationwide to start 2026.

While the Texas-based video game retailer has not released a list of which stores are closing, the GameStop website lists hundreds of locations as closed. A spokesperson for GameStop did not respond to a request for the full list.

Unless some sort of a miracle happens, we are going to shatter the all-time record for store closings that we just set in 2025.

The numbers don’t lie.

We really are in the midst of a horrifying retail apocalypse.

So I would encourage you to visit your favorite stores while you still can, because more of them could suddenly disappear at any time.

Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com.  He has also written nine other books that are available on Amazon.com including “Chaos”“End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post Empty Stores Everywhere! America’s “Retail Apocalypse” Is Already The Worst In History, And There Are Signs That It Is Getting Even Worse… appeared first on The Economic Collapse.

120 Million Square Feet: Store Closings In The United States Are On Pace To Set A New Record High In 2025 | The Economic Collapse

If everything is going to be just fine, why are thousands of stores closing all over the country?  So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square feet.  We have never seen anything like this before.  Store closings spiked during the early days of the pandemic, but in 2025 stores are being permanently shuttered at an even faster pace.  In fact, during the first six months of this year 5,822 store closures were recorded…

Store closures across the U.S. continue to rise, and remain on track to far significantly surpass both new openings and the figures seen in 2024.

According to a new report from research and advisory firm Coresight Research, cited by CoStar News, 5,822 store closures were recorded as of June 27, compared to 3,496 closures announced during the same period of 2024.

If stores continue to close at this rate, we will break the old record that was established during the pandemic by a wide margin.

We are also being told that the total amount of retail space that has been permanently shuttered in 2025 has reached a staggering 120 million square feet

In June, store closings by Plano, Texas-based home goods seller At Home and Philadelphia-based pharmacy chain Rite Aid, which have both filed for Chapter 11 bankruptcy protection, “pushed the total amount of retail space to close in the U.S. this year to over 120 million square feet,” Coresight said. The real estate churn is happening “as cyclical impacts confront structural shifts,” according to one executive at the research firm.

Wow.

You may have noticed that there are an increasing number of abandoned buildings in your particular area.

Sadly, this is just the beginning.

Consumers are under more financial stress than we have ever seen, and that has resulted in a substantial decline in store traffic

Many of the retail store closures are a result of declining store traffic as more consumers respond to inflation by reducing spending. There also are more consumers turning to online shopping especially for apparel, accessories and household items. The winner is not merely Amazon but increased competition from Temu and Shein marketplaces and social commerce outlets like TikTok.

Needless to say, more stores are being closed down with each passing day.

After filing for Chapter 11 bankruptcy protection, Claire’s announced that it will be closing 18 more stores

Claire’s, a mall-based teen accessories retailer, has identified several locations across the country it plans to close after filing for Chapter 11 bankruptcy protection.

Claire’s U.S., which operates Claire’s and Icing stores, made the filing in the U.S. Bankruptcy Court in Delaware on Wednesday. It’s the second time since 2018 the company has filed for bankruptcy.

While the company says the majority of its retail stores will remain open while it “continues to explore all strategic alternatives,” Claire’s said it identified 18 stores ahead of the Aug. 6 bankruptcy filing it would close, filings show.

And home goods retailer At Home just announced that it will be closing 6 more stores

The home goods retailer At Home is closing an additional six stores across the country, bringing its total closure tally to more than two dozen as it grapples with high debt and dwindling sales.

The furniture and home decor retailer based in Coppell, Texas, filed for Chapter 11 bankruptcy on June 16, pointing to “broader economic and retail-specific market pressures,” in court documents. The bankruptcy filing and store closures follow several other “big box” retailers that have also significantly downsized their brick-and-mortar footprints this year, including Big Lots, Joann Fabrics, Kohl’s, JCPenney, Macy’s, and Party City.

The retailer intially announced 26 store closures in June, before paring that down to 24 when it decided to keep open two stores in New Jersey and Wisconsin. The company added another six stores to the list, according to a statement by retail firm Hilco Consumer-Retail on Aug. 1, bringing the current number of stores it will shutter in the coming months to 30.

We see more stories like this every single day.

So what is going to happen if our economic momentum continues to take us very rapidly in the wrong direction?

Earlier today, we learned that the percentage of student loans entering serious delinquency is absolutely exploding

The total amount of outstanding student loan debt was $1.64 trillion in the second quarter of 2025 after rising by $7 billion in the quarter.

Additionally, the share of student loan debt entering serious delinquency, considered 90 days or more late, jumped to 12.9% at the end of June, up from 8% in March and above pre-pandemic trends that were around 9-10% from 2012 into early 2020, when the moratorium initially took effect.

The American people are drowning in debt, and I expect delinquency rates of all types to continue to rise in the months ahead.

We are going to see more layoffs too, and the fact that continuing claims for unemployment benefits just hit their highest level since 2021 is not a good sign at all…

Recurring applications for unemployment benefits surged to the highest since November 2021, adding to recent signs that the labor market is weakening.

Continuing claims, a proxy for the number of people receiving benefits, rose by 38,000 to 1.97 million in the week ended July 26, according to Labor Department data released Thursday.

On top of everything else, U.S. manufacturing activity is now in contraction territory

From March to July, U.S. manufacturing activity contracted, according to the Institute for Supply Management’s monthly survey. The Manufacturing PMI last registered at 48, below the 50 score that differentiates growth and decline.

The effective average tariff rate on all imported goods now stands at around roughly 18% versus 2.3% last year, the highest levels since the 1930s.

We are in so much trouble.

After evaluating all of the latest economic numbers that have come in, Mark Zandi has come to the conclusion that the “economy is on the precipice of recession”

Mark Zandi, chief economist at Moody’s Analytics, on Monday wrote a post on X that the “economy is on the precipice of recession” – citing the weaker-than-expected jobs report released Friday and the inflation data from the previous day that showed consumer prices rose as indicating the economy’s precarious position.

“Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to come to the rescue,” he wrote.

It is hard to argue with him.

Of course what is eventually coming is going to be so much worse than just a “recession”.

As conditions deteriorate, will store closings slow down or will they speed up?

The answer to that question is obvious.

If there are stores in your local area that you really enjoy, I would visit them now while you still can, because they might not be there next year.

Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com.  He has also written nine other books that are available on Amazon.com including “Chaos”“End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post 120 Million Square Feet: Store Closings In The United States Are On Pace To Set A New Record High In 2025 appeared first on The Economic Collapse.