The U.S. retail sector is undergoing a major shift. By 2025, nearly 15,000 stores are expected to close—double last year’s count—marking a record-breaking wave of closures. Dubbed the “Retail Apocalypse,” this transformation is driven by inflation, rising labor costs, digital disruption, over-expansion, and changing consumer habits favoring price and convenience. The shift is deep and lasting, not just a passing trend.
Retail Apocalypse Hits as CVS, Walgreens, Macy’s Prepare to Close 15000 Stores
