24 Retailers Who Are Set to Close Thousands of Stores in 2018

2. Rite Aid

Rite Aid store in Michigan

Headaches are on the way for many Rite Aid drugstore customers: They’ll have to transfer their prescriptions because 600 Rite Aids will close, starting this spring. The Walgreens pharmacy chain is buying nearly 2,000 stores from its rival Rite Aid and says any of those locations that are too close to a Walgreens will be put out of business.

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1. Toys R Us

Emeryville, CA - March 10, 2018: Toys R Us store front. Bankrupt retailer Toys R Us may shut all its US stores as soon as next week, according to several reports.

It’s game over for Toys R Us in 2018. The chain that helped raise generations of kids says it’s closing all 735 of its remaining U.S. stores and will try to sell its roughly 80 stores in Canada.

The company filed for bankruptcy last September, then had a dismal holiday season. Analysts say what killed Toys R Us was online competition and kids choosing electronic gadgets over traditional toys.