List of Stores Closing in May

A growing number of major U.S. retailers are set to shutter locations in May, as financial pressures and shifting consumer habits continue to reshape the brick‑and‑mortar lineup. “The retail reckoning we're seeing is incredibly unfortunate," a finance instructor told Newsweek.Department stores, mall staples and specialty chains are among those trimming their footprints, with closures spanning multiple states and regions.Why It MattersWhile some companies say the moves are part of broader turnaround strategies, the pace of store closures highlights ongoing challenges facing physical retail in 2026.Store closures can have ripple effects well beyond individual shopping centers. For consumers, shutdowns may reduce access to nearby pharmacies, grocery stores or department retailers, particularly in suburban or rural areas. For workers, closures can mean job losses or forced transfers. ...What To KnowSeveral well‑known retail chains have confirmed store closures scheduled for May, though many have not released complete, finalized lists of every affected location.Retailers with May closures include:IkeaFrancesca’sSaks OFF 5thNeiman Marcus Last CallMacy’sKrogerIkeaThe furniture giant is closing its Memphis, Tennessee, store on May 3, citing a strategic shift to modernize its U.S. footprint and focus on higher‑growth markets and new store formats. Ikea has said it will continue investing in other U.S. locations despite