It seems that nearly every day we are reporting the news of a local business closing their doors permanently or a National brand that plan to downsize their locations. Just today CNN reported that Family Dollar and Dollar Tree plan to close 600 stores in 2024.

Here are 5 brands that recently closed New York stores and what 2024 looks like.

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Rite Aid
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Rite Aid - Rite Aid announced plans to close 77 locations in 2024 and 12 of those are in New York State. See the full list HERE.

Regal Cinemas
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Regal Cinemas - January 2023 it was announced that Regal Cinemas would close 4 Upstate New York locations. The good news is that the chain came out of bankruptcy this year and have over 400 locations open for business.

Burger King
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Burger King - In 2023 Burger King closed a Long Island location along with nearly 400 other stores around the Country. The good news is that BK is not going out of business.

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Macy's - CBS News reports that Macy's will close approximately 150 stores in 2024. There are only 350 locations left with 39 New York stores still open for business.

518 news, Kmart, New York store closings
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Kmart - Believe it or not there are 2 Kmart locations left in the Country and one of them is on Long Island in Bridgehampton, NY. The other Kmart left standing is in Florida. Will these 2 locations remain open in 2024? Time will tell.

Big Brands Closing Locations in 2024

Here is a look at some of our favorite big brands that will be closing locations in an effort to stop losing money at stores that are underperforming.

Gallery Credit: Billy Jenkins

LOOK: 50 Beloved Retail Chains That No Longer Exist

Stacker takes a look at 50 major retail chains that no longer exist and the reasons for their demise.  

Gallery Credit: Madison Troyer

LOOK: 50 Famous brands that no longer exist

Stacker compiled a list of more than four dozen famous consumer brands that no longer exist, consulting sites such as TheStreet, Good Housekeeping, and Eat This, Not That!, along with numerous throwback sites dedicated to consumer brands.

Gallery Credit: Liz Barrett Foster

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