Retail stores have good times and bad, but not everyone comes out on top amid financial struggles.
That means retail store closures are coming in 2025.
Here are somewell-known retailersthat are closing a decent chunk of their locations next year.
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Prior to the sale, Walgreens announced the closure of 1,200 stores.
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Store closings usually means deep discounts for consumers.
If you play them right, going-out-of-business sales can save you money on some essentials.
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Advanced Auto Parts
Getting items for your vehicle is going to get a little tougher in the New Year.
Advanced Auto Parts said it will close 727 locations by mid-2025.
However, your options will become more limited.
Family Dollar
Almost everyone is familiar with Family Dollar because these shops have popped up all over the country.
However, while its synonymous with convenience items, it isnt convenient enough to avoid trouble.
The company announced it would close 600 of its discount stores in March 2024.
Another 370 stores are reportedly going to be shuttered in 2025.
Why so much trouble for a company that once flourished?
A couple of factors, including reduced SNAP benefits in low-income communities and small margins, had an impact.
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6.
CVS has been adjusting its approach in the hopes of building up its health care services.
Part of that approach is shutting some select stores that arent as profitable as the company would like.
After those roughly 300 stores are shuttered, the company plans to invest in its MinuteClinic team and internet.
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7.
Big Lots
The famous home goods retailer has been on a roller coaster ride recently.
It filed for bankruptcy protection in September and attempted to sell, but the deal was a bust.
It acquired around 200-400 stores that it plans to operate under the Big Lots brand.
The other locations, however, wont be as lucky.
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8.
However, a spokesperson for Joann said that going-out-of-business sales would be taking place at all locations.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…