The retail sector is facing a devastating prediction for store closings in the second half of 2025, based on recent research studies.
Store closings in 2025 have totaled 5,822 as of June 27, significantly surpassing last year's mid-year total of 3,496, Coresight Research reported, according to CoStar .
The study also identified 3,960 store openings during the same period in 2025.
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In January, Coresight predicted 15,000 store closings for 2025, as well as 5,800 new openings, for a net of about 9,200 closings.
Based on these predictions, retailers will close significantly more stores than the 7,325 closed in 2024.
Total store closings in the first six months:
June 2025: 5,822.
June 2024: 3,496.
Major drugstore chains