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List of Stores Closing in May

List of Stores Closing in May

Summary

Many well-known U.S. retail stores are closing locations in May 2026 due to financial challenges and changing shopping habits. This includes big names like Ikea, Francesca’s, Saks OFF 5TH, Neiman Marcus Last Call, Macy’s, and Kroger.

Key Facts

  • Ikea will close its Memphis, Tennessee store on May 3 to focus on other markets and new store types.
  • Francesca’s is shutting down all its U.S. stores after filing for bankruptcy, including closures in May.
  • Saks OFF 5TH is closing about 57 stores nationwide as part of bankruptcy restructuring.
  • Neiman Marcus Last Call outlet stores are all closing during spring 2026, with some shutting in May.
  • Macy’s is continuing to close underperforming stores, aiming to close up to 150 locations by the end of 2026.
  • Kroger plans to close about 60 underperforming grocery stores over 18 months, including some in May.
  • Store closures are causing job losses and reducing shopping options, especially in smaller towns and rural areas.
  • Analysts expect more retail store closures as companies reduce physical locations and invest in online shopping.
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