4 retail brands that shut down in 2025 — and reboots to come

The American high street faced another reality check in 2025, as some of its most famous names finally called it a day. From the pharmacy counters of Rite Aid to the balloon aisles of Party City, the year saw a wave of bankruptcies. Many of these household names were hit by a combination of rising debt and shifting customer habits. As inflation stayed high, shoppers tightened their belts and left specialty shops for online competitors like Amazon or in-person giants like Target. For chains already struggl ...