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.
K-beauty delivers some of the most sought-after skin care products on the market. We consulted experts on the Korean beauty products that are totally worth it.
The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.