In memoriam: Brands we lost in 2025

This story was originally published on sister site, Modern Retail.

2025 was another challenging year for the retail industry, as tariffs added another crushing blow to an industry that had already been dealing with sky-high inflation and waning VC dollars in recent years.

The numbers lay bare how challenging it was for the retail industry: As of October, job cuts across U.S. firms hit a 22-year high, with retail being one of the hardest-hit industries. And of course, there were bankruptcies. U.S. business bankruptcies as a whole reached 6,574 in the third quarter of 2025, the highest since mid-2014.

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