New Jersey-based Party City is going out of business after the retailer filed for Chapter 11 bankruptcy. The filing was done early Saturday in the U.S. Bankruptcy Court for the Southern District of Texas.

Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate roughly 150 underperforming stores over the next three years.

Macy's Inc. revealed plans to close approximately 150 store locations over the next three years, marking a significant

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 some well-known

A 69 percent surge in closure announcements makes 2024 the worst year since before the pandemic for retail shuttings.

Major retailers are shutting down stores nationwide next year as the companies try to adjust their business operations and slash costs amid changes in the industry.