Every new year brings endings and new beginnings—particularly for retailers, many of whom have plans to open and close locations in 2025. Here are the notable ones we know so far:
Openings
- Barnes & Noble CEO James Daunt last week shared that the book chain will open 60 new locations in the US this year.
- Costco is slated to open six new locations in March, pushing its store count to 900.
- Ulta is planning on expanding to Mexico this year, planning to grow its presence to 100 stores there over the next few years.
- Trader Joe’s has 12 new locations slated to open this year in states including California, Pennsylvania, and New York.
- Dollar General aims to unveil 575 US locations and 15 stores in Mexico in fiscal 2025, with 4,885 total real estate projects in the works including remodels and relocations.
- Convenience chain Wawa is opening a slew of new locations in 2025, including 13 across Central Pennsylvania and up to 10 in North Carolina as the chain continues to expand.
- Wegmans said last month it has three stores under construction, entering new markets in Connecticut and on New York’s Long Island, plus its ninth store in Maryland.
- 7-Eleven this year aims to build 125 New Standard stores—large-format, food-centric locations—as part of a plan to open more than 600 by 2027.
- Whole Foods will add two new Daily Shop locations in New York City after opening the first location in the city last year.
Closings
- Kohl’s said last week it’ll close 27 “underperforming” locations in its 1,150-store footprint by April.
- Macy’s will close 66 locations across more than 20 states in the first quarter as part of its plan to shutter 150 stores by 2026.
- Joann has recently shuttered six locations, following its Chapter 11 bankruptcy filing and move to go private last year.
- The party is over for Party City this year, as the retailer announced in late December its plans to close for good—with all 700+ doors closed by February 28.
- After announcing plans to go private in a $6.25 billion deal last month, Nordstrom is closing two anchor locations at Massachusetts malls in January and March.
- After shuttering 600 locations last year, Family Dollar will continue to close 370 locations over the next few years.
- Sharing plans for 1,200 closures last year, Walgreens has 500 set to come in 2025.