So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that was only as of Jan. 10.

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Another high profile store has abandoned the San Francisco Centre mall in the city's downtown. It comes hot on the heels of Bloomingdale's saying it would exit the mall too.

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America's top department store Macy's also announced it would shutter 65 locations across the country before the end of January. There are fears the carnage will continue into 2025.