11 Retailers Announce Store Closures in Florida: Macy’s, Walgreens, Big Lots

In 2024, there was a significant rise in store closures nationwide, with many brands deciding to shut down physical locations, particularly in Florida. According to retail data provider CoreSight, there’s been a 24% increase in store closures compared to the previous year, influenced by the move towards online shopping, inflation, and company bankruptcies. Here’s a…

stpeteclearwatersun

December 28, 2024

1–2 minutes

Florida, News, retail, retailers, shopping, store closures

In 2024, there was a significant rise in store closures nationwide, with many brands deciding to shut down physical locations, particularly in Florida.

According to retail data provider CoreSight, there’s been a 24% increase in store closures compared to the previous year, influenced by the move towards online shopping, inflation, and company bankruptcies. Here’s a list of the 11 prominent retailers planning to close stores in Florida this year:

Party City to Close All Stores, Including 46 in FL: Party City is ceasing operations after 40 years as a leading party goods supplier, with closures in Florida.
Express to Close 5 FL Stores Amid Bankruptcy: Express, amidst its bankruptcy filing, plans to close about 95 stores across the US, including 5 in Florida.
Home Improvement Chain to Close All FL Locations: LL Flooring, previously known as Lumber Liquidators, is shutting down all 200 of its stores, both in Florida and nationally.
Walgreens Closing 1,200 Stores: This closure affects one in seven of its U.S. locations, with specific implications for Florida’s Walgreens branches.
Clearwater Sam Ash Music Store Closing: Sam Ash Music is closing 18 stores nationwide, with one being in Clearwater, Florida.
Rue21 to Close All FL Stores: Following a bankruptcy filing, Rue21 plans to liquidate all its Florida stores within four to six weeks.
Big Lots Potentially Closing 72 FL Stores: Big Lots might close all its stores if a recent sale deal falls through, impacting Florida customers significantly.
Red Lobster Files for Bankruptcy After Closing 18 FL Stores: The “Ultimate Endless Shrimp” promotion has been linked to Red Lobster’s financial difficulties, leading to closures in Florida.
23 FL Walmart Health Centers to Close: Walmart has decided to shut down its health centers nationwide, including 23 in Florida, due to an unsustainable business model.
33 American Freight Stores Closing in FL: Facing bankruptcy and inflation, American Freight has started store closing sales in Florida and Georgia.
Macy’s Plans to Close 150 Stores Over 3 Years: With 41 stores in Florida, Macy’s will close locations nationwide, though specific Florida closures are yet to be confirmed.