Division retailer chains like to start the brand new yr with a contemporary begin after the vacation season rush and have some vital clearance gross sales.
Main retailers, together with Macy’s, Nordstrom, and JC Penney, wish to proceed shopper visitors into January, as they marketed deep low cost gross sales of 30%-80% off through the week of Jan. 5-11.
Division retailer chains closed dozens of shops in 2025
All of those division retailer retailers want to ramp up gross sales and preserve the doorways open after a yr of closures. Macy’s closed 66 shops in 2025, and Nordstrom closed two places in California and Missouri.
After JC Penney revealed it could shut eight shops by mid-2025, a deliberate sale of 119 shops to Onyx Companions for $947 million collapsed, Retail Dive reported.
Retailer closures by the numbers
- Macy’s closed 66 shops in 2025.
- JC Penney closed 8 shops in 2025.
- Nordstrom closed 2 places in 2025.
Regardless of retailers makes an attempt to extend income with clearance gross sales and lower prices by closing or promoting off shops, 46% of vogue executives surveyed count on business circumstances to worsen in 2026, in comparison with 39% in 2025, in response to the 2026 Enterprise of Trend — McKinsey State of Trend Government Survey launched by consulting agency McKinsey & Firm.
On the constructive aspect, 25% of these surveyed believed business circumstances would enhance, which was an enchancment from 20% in 2025.
Tariffs are the number-one hurdle in 2026, report says
“’Difficult’ has overtaken ‘uncertainty’ because the phrase executives polled within the annual Enterprise of Trend–McKinsey State of Trend Government Survey used most incessantly to explain the business in 2026, with tariffs cited because the number-one hurdle,” the report stated.
One fashionable low cost retailer has already began the yr eliminating shops, hoping to chop bills and generate extra earnings.
Marshalls closed its Los Angeles retailer at 5507 Hollywood Blvd. and its San Jose, Calif., retailer at 5160 Stevens Creek Blvd. earlier than Jan. 5, 2026.
Marshalls closes Los Angeles and San Jose shops
Standard low cost division retailer chain Marshalls started the brand new yr closing two main metro space shops in Los Angeles and San Jose, Calif.
Marshalls revealed in October that it deliberate to shut its Los Angeles location at 5507 Hollywood Blvd. and its San Jose retailer at 5160 Stevens Creek Blvd. by Jan. 5.
Extra closings:
- Informal Mexican restaurant chain closes extra places
- 79-year-old nationwide trucking firm closes down, no chapter
- 65-year-old House Depot rival shutters enterprise completely
A recorded message from a name on Jan. 5 to the San Jose location stated that the shop had already completely closed.
This caller acquired a busy sign when calling the Hollywood Boulevard Marshalls location cellphone quantity on Jan. 5.
A name to a employee on the 8480 Beverly Blvd. Marshalls location in Los Angeles on the identical day confirmed that the Hollywood Boulevard retailer seems closed due to the busy sign.
Marshalls filed WARN notices in October 2025
Marshalls of CA LLC filed a WARN discover with the State of California on Oct. 17, 2025, notifying 62 staff at its Hollywood Boulevard location that it could completely shut the shop on Jan. 5, 2026, in response to a California Employment Growth Division WARN Report Abstract.
The low cost division retailer chain additionally on Oct. 17 filed a WARN discover with the State of California, alerting 64 staff at its Stevens Creek Blvd. location that it could completely shut the shop on Jan. 5, 2026.
“We are always assessing and reviewing our real estate strategies,” a spokesperson advised the Silicon Valley Enterprise Journal.
Marshalls retailer closings:
- 7013 Hollywood Blvd., Los Angeles
- 5160 Stevens Creek Blvd., San Jose
The Hollywood Boulevard Marshalls was positioned on a major piece of actual property, a block east of Madame Tussauds Hollywood wax museum and the legendary TCL Chinese language Theater that options historic footprints in cement of Hollywood stars.
The San Jose Marshalls was positioned alongside the town’s foremost retail boulevard within the Stevens Creek Central procuring heart, which is simply down the road from Auto Row and the upscale procuring and eating district Santana Row.
Whereas Marshalls closed two California shops in January, the division retailer chain additionally opened 14 new shops in 13 states in October and November.
Marshalls new retailer openings:
- 1100 AZ-260 B, Cottonwood, Ariz.
- 919 N. 14th St., Leesburg, Fla.
- 1401 S. Federal Freeway, Pompano Springs, Fla.
- 3860 West US-10, Ludington, Mich.
- 2150 US Freeway 180E, Silver Metropolis, N.M.
- 128 House Depot Drive, Franklin, Pa.
- 466 Freeway 53 East, Calhoun, Ga.
- 3840 E. Market St., Logansport, Ind.
- 1480 US Freeway 211W, Luray, Va.
- 543 Whittington Drive, Madisonville, Ky.
- 1375 Rocking West Drive, Bishop, Calif.
- 925 West Faculty St., Marshall, Mo.
- 200 New Hartford Highway, Unit 1, Winsted, Conn.
- 2439 Fairview Ave. N., Roseville, Minn.
Associated: One other fashionable beer model closes endlessly, no chapter filed
