Similar to other years, 2024 was a year marked by a string of significant bankruptcies and store closures.
Retailers like Sam Ash, Rite Aid, Big Lots, and Rue21 shut down thousands of shops in 2024.
The following list includes some of the most prominent store closures in 2024:
Carter s
– 30
According to CBS News, Carter’s closed 30 outlets.
This image shows a Burlington store located in Ann Arbor, Michigan, at 215 N. Maple Road. (MLive, Makayla Coffee)
Burlington Stores
– 39
According to CBS News, Burlington closed 39 shops.
Edison, New Jersey’s Route 27 is home to the Sam Ash Music store.NJ Advance Media for NJ.com | Len Melisurgo
Sam Ash Music
– 42
The music retailer shut down all 42 of its locations after declaring Chapter 11 bankruptcy.
The Macy’s store at the Harrisburg Mall in Swatara Township is being demolished.
March 1, 2024.
[email protected] Dan [email protected] Dan Gleiter
Macy s
– 65 (2024, 2025)
According to CBS News, Macy’s plans to eliminate 65 locations by the end of this month.
Conn s Homeplus
– 73
According to CNN, Conn’s HomePlus declared bankruptcy and shut down 73 of its 170 locations.
On Wednesday, January 22, 2020, in West Des Moines, Iowa, an Express retail clothes store is located at Valley West Mall. (AP’s Andrew Harnick)AP Image by Andrew Harnik
Express
– 95
In April, the apparel retailer declared its intention to liquidate 95 Express stores as part of its Chapter 11 bankruptcy filing. In Philadelphia, there were two of those businesses. Last year, another Bucks County store closed.
The Leominster location of LL Flooring, located at 110 Watertower Plaza, will close on September 8, 2024.MassLive/Nicole Simmons
LL Flooring
– Around 181
In August, First LL Flooring, previously Lumber Liquidators, closed 94 stores and declared Chapter 11 bankruptcy. Then it announced that it would be selling all 400 of its stores since it couldn’t find a buyer. Then it changed its mind and declared that 219 stores will stay open after finding a buyer. In order to purchase the 219 locations, merchandise in those stores, the company’s distribution center in Sandston, Virginia, LL Flooring’s intellectual property, and other business assets, the company entered into an arrangement with F9 Investments.
FILE: On February 9, 2024, a Walgreens shop in Bradenton, Florida, is seen. (Gene J. Puskar, File/AP Photo)AP
Walgreens
– 259
In 2024, Walgreens shut down 259 locations, according to Newsweek.
American Freight
– 328
After declaring bankruptcy, Franchise Group Inc. shut down all 328 American Freight locations, the New York Post said.
99 Cents Only Stores
– 371
In April, the business started closing all 371 of its locations.
This image shows a 7-Eleven sign in Pembroke Pines, Florida. (Getty Images/Joe Raedle photo)Getty Pictures
7-Eleven
– 444
According to 7-Eleven CEO Joseph DePinto, the business plans to eliminate 444 underperforming locations in October. The news was made by Seven & i Holdings Co. Ltd., the parent company of 7-Eleven, during an earnings call.
Fashion retailer rue21, which has over 500 stores, declared that it will be closing all of its outlets. The rue21 store in Capital City Mall in Lower Allen Township, Pennsylvania, is depicted in this file photo dated November 18, 2021. Dan Gleiter can be found on PennLive.com.
Rue21
– 540
Rue21 declared in May that it would shut down all 540 of its locations, including 21 in Pennsylvania. Under new management, rue21 announced plans to launch dozens of locations in August.
On Monday, May 3, 2021, a CVS pharmacy is visible in Mount Lebanon, Pennsylvania. (Gene J. Puskar/AP Photo)AP
CVS Health
– 586
According to Newsweek, CVS shut down 586 shops.
Customers are drawn to this Family Dollar business in Jackson, Mississippi, on Tuesday, November 26, 2019, by a giant billboard sign. (Photo by Rogelio V. Solis for AP)
Family Dollar
– 600
In the first half of the year, Dollar Tree closed about 600 Family Dollar locations.
Party City
– 695 (2025)
Party City locations nationwide started having going-out-of-business deals in December. The business also declared bankruptcy in December. In Pennsylvania, the corporation is closing 25 Party City locations.
In Paxtang, the Rite Aid shop located at 501 S. 29th St. is no longer open.PennLive’s Daniel Urie
Rite Aid
– 813 (Since Oct. 2023)
Chain of PharmaceuticalsIn September, Rite Aid became a private firm after filing for Chapter 11 bankruptcy. The Philadelphia-based business, which spent decades operating in East Pennsboro Township close to Camp Hill, claimed to have emerged from bankruptcy with a more effective operating model, a right-sized retail footprint, a substantial reduction in debt, and more financial resources. According to the corporation, its entire debt has been reduced by almost $2 billion. It has also gotten about $2.5 billion in exit funding to help the company continue to grow. Rite Aid had more than 2,100 locations when it declared Chapter 11 bankruptcy in October 2023. Rite Aid announced the closure of about 813 shops, including 80 in Pennsylvania, while company was going through bankruptcy.
The Union Deposit Road location of Big Lots in Susquehanna Township, close to Harrisburg, Pennsylvania, is shutting.| [email protected] Daniel Urie
Big Lots
– 989 to 1,189 (including 2025)
By December, the retailer had shut down 380 of its 1,389 locations from the beginning of the year. Hundreds of Big Lots locations nationwide are having going-out-of-business sales. The store is well-known for its enormous center furniture area and its discounted prices. Big Lots intended to sell the company to Nexus Capital Management when it filed for Chapter 11 bankruptcy. York County was one of the hundreds of stores that the firm shuttered.
On Dec. 19, Big Lots announced the deal with Nexus was unable to be completed and that going-out-of-business sales would begin at all of its 909 remaining stores, including 64 locations in Pennsylvania. Big Lots then revealed on December 27 that it had reached an agreement with Gordon Brothers Retail Partners that would allow Big Lots assets, such as stores, distribution facilities, and intellectual property, to be transferred to other businesses and retailers, such as Variety Wholesalers, which plans to buy 200–400 Big Lots locations.