2025 store closures: Joann and JCPenney join Macy’s, Kohl’s
JCPenney and Joann will shutter stores this year. They are joining Macy’s and Kohl’s which have announced plans to close stores in recent months.
As some retailers are closing down, Home Depot is opening up, even amid an uncertain U.S. economy.
A spokesperson for the home improvement company told USA TODAY on April 17 it is implementing a “bold growth strategy” consisting of opening 13 new stores in 2025, with 11 of them being in the U.S.
One of the new locations, a 135,000-square-foot location in Florida, opened its doors April 17.
“The retailer is supporting local growth and doubling down on the communities that need it most instead of scaling back,” a spokesperson for the Atlanta-headquartered company said. “These new store openings are more than just ribbon-cuttings – they’re investments in local economies and a commitment to meeting customer demand for brick-and-mortar shopping experiences.”
Home Depot said each new store is bound to create hundreds of jobs.
Where is Home Depot opening new stores?
Here’s where new U.S. locations are opening in 2025, according to Home Depot:
Spring 2025:
- World Commerce Center, St. Augustine, Florida – 2905 International Gold Parkway, St. Augustine, Florida, 32092 (opened April 17)
- Prasada South, Arizona – Cactus Drive, Surprise, Arizona, 85388
- Anna, Texas
- Moscow, Idaho
- Manor, Texas
- Bulova, New York (expansion)
Summer 2025:
- Spokane South, Washington state
- Charlottesville, Virginia
Fall 2025:
- Caldwell, Idaho
- Mandarin, Florida
- Forney, Texas
Home Depot currently has more than 2,300 stores across North America, according to the company’s website. Since 2023, the company has opened more than 20 locations nationwide.
Home Depot opening stores as retail closure expected to jump again
Home Depot’s decision to open new locations comes as other recognizable retail names have downsized operations or called it quits completely.
Over 7,300 U.S. stores closed in 2024, according to Coresight Research, the highest mark since 2020 when the COVID-19 pandemic brought in-person shopping to the brink.
“Overall, the surge in brick-and-mortar store closures this year can be attributed to a rise in online shopping and consumers’ growing dissatisfaction with retailers that fail to meet expectations in customer service and pricing,” Deborah Weinswig, Coresight’s CEO, said, per AARP.
“Last year we saw the highest number of closures since the pandemic … and we continue to see a trend of consumers opting for the path of least resistance,” Coresight Research CEO Deborah Weinswig previously said in a statement.
Several once-prominent retailers, including JCPenney, Big Lots, Macy’s Kohl’s and Joann, have either announced store closures or complete dissolution of remaining assets.
That trend of retail store closures is expected to continue into 2025, the firm said. Coresight previously projected the shuttering of about 15,000 stores throughout the year, offset by only 5,800 stores set to open.
Meanwhile, stores like Barnes & Noble, Costco, Ross Dress for Less, DD’s Discounts, Target, and Aldi have announced expansions for 2025.
“With economic uncertainty at a high, many retailers are feeling the squeeze and shuttering their storefronts across the U.S., but The Home Depot is doing the opposite,” the company told USA TODAY.
Contributing: Mary Walrath-Holdridge, USA TODAY; Lucia Viti, St. Augustine Record
