The term “store closings 2025” refers to the anticipated wave of retail store closures that industry experts predict will occur in the year 2025. This phenomenon is largely attributed to the ongoing shift towards online shopping and the consequent decline in brick-and-mortar retail sales.
The trend of store closings has been gaining momentum in recent years, as more and more consumers opt for the convenience and wider selection offered by online retailers. The COVID-19 pandemic further accelerated this shift, with many consumers turning to online shopping out of necessity during lockdowns and social distancing measures. As a result, many traditional retailers have been struggling to compete and have been forced to close stores or downsize their operations.