Wesley Crowder

3 weeks ago | moneydigest.com | Wesley Crowder |Carolyn Osorio

2025 is, so far, looking like a particularly bad year for American retailers. Only three full months into the calendar and huge chains like Nordstrom, the iconic Macy's, and discount department store Kohl's have all warned that they will be closing numerous locations across the country. Meanwhile, other major chains like craft retailer Joann Fabric, Party City, and Big Lots have thrown in the towel completely with bankruptcy filings and widespread closures.