Multiple Michigan retailers plan closures due to bankruptcy and shifting consumer habits in 2025.

Multiple major retail chains in Michigan are planning to close locations in 2025 due to bankruptcy, increased online sales, underperforming stores, and changing customer habits. Sears, with only seven stores left in the U.S., may close all remaining locations, while Lord & Taylor plans to rebrand and operate online. Retailers like Walmart and Starbucks will close only a few underperforming stores.

January 04, 2025
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