{"id":62600,"date":"2025-12-31T20:41:30","date_gmt":"2025-12-31T20:41:30","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/these-national-and-regional-retailers-went-out-of-business-in-2025\/"},"modified":"2025-12-31T20:41:30","modified_gmt":"2025-12-31T20:41:30","slug":"these-national-and-regional-retailers-went-out-of-business-in-2025","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/these-national-and-regional-retailers-went-out-of-business-in-2025\/","title":{"rendered":"These national and regional retailers went out of business in 2025"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>The past year saw a wave of bankruptcies, with a number of major national brands permanently closing their doors amid uncertain economic growth and ongoing challenges among brick-and-mortar businesses.\u00a0<\/p>\n<p>More than 8,100 stores closed across the U.S. in 2025, up roughly 12% from 2024, according to retail industry analytics firm Coresight Research. Here are some of the larger retailers that closed their stores this year.<\/p>\n<h2>Bargain Hunt<\/h2>\n<p>Bargain Hunt, a Nashville-based discount retailer, said in February that it would\u00a0<a href=\"https:\/\/www.prnewswire.com\/news-releases\/bargain-hunt-launches-massive-going-out-of-business-sale--everything-must-go-302368648.html\" target=\"_blank\" rel=\"nofollow noopener\">shutter<\/a>\u00a0all of its 92 stores in 10 states after declaring bankruptcy.\u00a0<\/p>\n<h2>Forever21<\/h2>\n<p>Fast-fashion retailer Forever 21 wound down its U.S. operations in the face of stiff competition from overseas retailers such as Shein and Temu.<\/p>\n<p>Forever 21\u00a0<a href=\"https:\/\/www.businesswire.com\/news\/home\/20250316125020\/en\/F21-OpCo-LLC-Initiates-Voluntary-Chapter-11-Process-With-Support-of-Its-Lenders\" target=\"_blank\" rel=\"nofollow noopener\">blamed<\/a>\u00a0&#8220;competition from foreign fast-fashion companies, which have been able to take advantage of the de minimis exemption to undercut our brand on pricing and margin.&#8221;<\/p>\n<h2>Joann Fabrics<\/h2>\n<p>Hudson, Ohio-based <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/joann-fabrics-closing-stores-going-out-of-business-sales\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Joann Fabrics in February shuttered all of its stores<\/a><\/span> across the U.S. after more than 80 years in the business of selling fabrics and craft supplies. It had declared bankruptcy for a second time in January after experiencing flagging sales.\u00a0<\/p>\n<p>The retail chain failed to find a buyer that would keep its stores open, forcing it to close its stores amid &#8220;significant and lasting challenges in the retail environment,&#8221; Joann <a href=\"https:\/\/cdn.prod.website-files.com\/67817680c8de2134544a40cd\/67bb41d2ff81f49ddc0c825f_Company%20Statement%20on%20Winning%20Bidder.pdf\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> in a statement at the time.\u00a0<\/p>\n<h2>Liberated Brands<\/h2>\n<p>Liberated Brands said in February that it would <a href=\"https:\/\/www.gordonbrothers.com\/press-release\/closing-sales-begin-at-all-liberated-brands-store-locations\/\" target=\"_blank\" rel=\"nofollow noopener\">close<\/a> all of its 122 stores. The Costa Mesa, Calif.-based retailer focused on sports and outdoor apparel, with its brands including Beachworks, Becker Surfboards, Billabong, Boardriders, Honolua Surf, Quiksilver, ROXY, RVCA, Spyder and Volcom.<\/p>\n<h2>Party City<\/h2>\n<p>Party City closed hundreds of company-owned and franchise store outlets this year after declaring <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/party-city-files-for-bankruptcy\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">bankruptcy in late 2024<\/a><\/span>. A handful of independent franchise stores remain open in the U.S. The party supplies seller also continues to operate as an online retailer after its brand was <a href=\"https:\/\/www.prnewswire.com\/news-releases\/pchi-enters-into-agreement-to-sell-party-city-brand-and-related-amscan-operating-assets-to-ad-populum-affiliate-to-preserve-legacy-in-multibillion-dollar-party-supply-industry-302360116.html\" target=\"_blank\" rel=\"nofollow noopener\">purchased<\/a> in early 2025 by retailer Ad Populum. \u00a0<\/p>\n<h2>Rite Aid\u00a0<\/h2>\n<p>After filing for bankruptcy twice in two years, national pharmacy chain Rite Aid in October announced the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/rite-aid-closing-all-locations-after-decades-in-business\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">closure of all of its locations<\/a><\/span>.<\/p>\n<p>Rite Aid, founded in 1962, faced sluggish sales and high costs linked to\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/rite-aid-bankruptcy-opioids-lawsuits\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">opioid-related lawsuits<\/a><\/span>. The Justice Department filed a complaint against the company in 2023, accusing it of violating the False Claims Act and the Controlled Substances Act by filling unlawful prescriptions for oxycodone and fentanyl, CBS News reported.<\/p>\n<p>What&#8217;s left of its website now directs former customers to request old pharmacy records and helps them find a new provider.\u00a0<\/p>\n<h2>Sonder<\/h2>\n<p>Former Airbnb rival Sonder, a short-term rental company, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/sonder-marriott-bonvoy-partnership-guests-24-hours-vacate-rooms\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">abruptly ceased operating in November<\/a><\/span>, leaving guests stranded and, in some cases, locked out of their accommodations.\u00a0<\/p>\n<p>Sonder went out of business after Marriott\u00a0<a href=\"https:\/\/news.marriott.com\/news\/2025\/11\/09\/marriott-international-provides-financial-outlook-update-following-termination-of-agreement-with-sonder\" target=\"_blank\" rel=\"nofollow noopener\">ended<\/a>\u00a0its licensing deal with the hospitality company.<\/p>\n<p>&#8220;Unfortunately, our integration with Marriott International was substantially delayed due to unexpected challenges in aligning our technology frameworks, resulting in significant, unanticipated integration costs, as well as a sharp decline in revenue arising from Sonder&#8217;s participation in Marriott&#8217;s Bonvoy reservation system,&#8221; interim Sonder CEO Janice Sears said in a statement last month.<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/companies-bankruptcy-store-closing-out-of-business-2025\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The past year saw a wave of bankruptcies, with a number of major national brands permanently closing their doors amid<\/p>\n","protected":false},"author":1,"featured_media":62601,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[3111,5365],"class_list":["post-62600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-bankruptcy","tag-chapter-11-bankruptcy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>These national and regional retailers went out of business in 2025 - World News<\/title>\n<meta name=\"description\" content=\"More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.\" \/>\n<meta name=\"robots\" content=\"index, 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