Several major retailers have shared plans to close stores in 2026, each citing declining foot traffic, shifting shopper habits and inflation as the reasons for the brick-and-mortar shrinkage. <\/p>\n
Here\u2019s a look at brands that are planning to shutter underperforming locations in the new year: <\/p>\n
Macy\u2019s<\/p>\n
In February 2024, Macy\u2019s announced it would close more than 100 stores<\/a> as part of its \u201cBold New Chapter\u201d regrowth strategy. In early 2025, the retailer made good on that promise, shutting down a total of 66 locations. The company\u2019s Staten Island Furniture Gallery, located at 98 Richmond Hill Rd., New Springville, was part of that initial chop.<\/p>\n According to Macy\u2019s investor relations<\/a>, at least 100 locations will close by the end of 2026 in order to \u201cfocus on stronger stores and invest in customer experience.\u201d <\/p>\n Kroger <\/p>\n Kroger announced plans to close about 60 underperforming supermarkets across the U.S. over the next 18 months as part of a strategic effort to streamline operations, improve profitability and reinvest in customer experience, according to AP News<\/a>.<\/p>\n Saks Off 5th<\/p>\n Saks Off 5th, a discount division of the luxury retailer, has confirmed it will close select store locations in early 2026 as part of an optimization of its retail footprint, with closures planned in multiple states, KTVU FOX 2 San Francisco<\/a> reported. Stores are expected to close in Texas, Illinois, New York, New Jersey, Pennsylvania, Washington D.C. and Connecticut. <\/p>\n REI<\/p>\n REI confirmed that it will shutter three stores in 2026, beginning with a location in Paramus, New Jersey, followed by closures in New York City\u2019s SoHo and in Boston later in the year, according to Retail Dive<\/a>.<\/p>\n Carter\u2019s<\/p>\n Carter\u2019s, Inc. will close approximately 150 underperforming North American retail stores over the next three years, with about 100 closures expected before the end of 2026, the children\u2019s retailer shared in its third-quarter earnings report<\/a>.<\/p>\n Yankee Candle <\/p>\n