Retail Stores Closing In 2025. Companies we once considered titans of the retail landscape are now closing down many of their locations to cut their loses. Ubs retail analyst michael lasser predicts online penetration will hit 25 percent by 2025, up from 15 percent in 2019.

Retailers announced plans to open about 3,420 new stores, down sharply from about 5,080 announced openings in last year’s first half, according to analytical work by. Ubs analysts say closures could tick even higher if sales growth slows.