Time To Say Goodbye – These 12 Retail Chains Are Closing Stores in 2023

I have several friends who work in the retail industry and trust me, it can be unpredictable. Those of you in it already know. Things aren't promised even if you're working for a well-loved and established company. From Walmart to Target and even designer stores, it looks like no one is safe from downsizing.

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Investing Magazine sheds some light on the situation. They comprised a list of retail stores, big and small, that all have one thing in common. Store closures coming in 2023. As a former business owner myself, I can tell you, your business status can change at a moment's notice and without warning. Some are calling this past year a brutal one for business. Let's take a look at some of the stores closing locations in the new year. See how many you recognize.

LOOK: THESE 12 RETAIL CHAINS ARE CLOSING STORES IN 2023

Target Corp. Reported A 4 percent increase in second-quarter profits

Target

Year Established: 1902
Number of Stores Closing: 13

Drugstore Chain Walgreens To Buy Duane Reade

Walgreens

Year Established: 1901
Number of Stores Closing: 200

Macys To Slash 7000 Jobs In Order To Cut Costs

Macy's

Year Established: 1858
Number of Stores Closing: 125 (over the next 3 years)

Starbucks Shares Drop 7 Percent After Q4 Earnings And 2022 Forecast Is Released

Starbucks

Year Established: 1971
Number of Stores Closing: 400

Business Signage

Bed Bath & Beyond

Year Established: 1971
Number of Stores Closing: 43

Victoria's Secret Debuts New Fall Collection with Angel Martha Hunt in Houston

Victoria's Secret

Year Established: 1977
Number of Stores Closing: 50

American Eagles Outfitters Profits Quadruple

American Eagle Outfitters

Year Established: 1977
Number of Stores Closing: Up to 250

Clothing Retailer Kohl's Post Positive Earnings

Kohl's

Year Established: 1962
Number of Stores Closing: 27

Stock Of Video Game Retailer Gamestop Skyrocketing, Due To Reddit Message Board Traders

Game Stop

Year Established: 1984
Number of Stores Closing: 180-200

Walmart Limits Ammunition Sales In Wake Of Mass Shootings

Walmart

Year Established: 1962
Number of Stores Closing: 154

Coronavirus Pandemic Causes Climate Of Anxiety And Changing Routines In America

Bath & Body Works

Year Established: 1990
Number of Stores Closing: 50

Chris Madden Emerges As A Competitor To Martha Stewart

JCPenney

Year Established: 1902
Number of Stores Closing: Up to 90

This is just a sample of all the businesses closing locations soon. The complete list has nearly 200 different retail companies. But the news isn't all bad. So far Abilene stores are safe and show no signs of shutting down.

That means there are still plenty of great places to do your shopping in Abilene, and that's a good thing with Christmas only days away. The 12 Days of Christmas are upon us, and around this area, we celebrate a little differently. Look below and you'll see what I mean.