In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…all made worse by the COVID War which destroyed the lives and livelihoods of billions across the globe. 

The combination of these factors has created an environment where business sustainability has become increasingly challenging. 

Unfortunately, numerous businesses, from startups to established entities, have been unable to navigate these tumultuous waters. 

The following list details businesses that, due to the aforementioned reasons, have made the tough decision to close their doors. As we review this list, it is a somber reminder of the vulnerabilities inherent in the business world and the imperative need for adaptive strategies in an ever-evolving economic landscape.

● Jezebel – suspending operations and laying off all staff

● Bankruptcy: Soft Surroundings – Chapter 11

● CVS will close 300 stores next year and 600 in the next 4 years

● Bankruptcy: Lastman’s Bad Boy furniture store

● Burger King – 53 stores

● Bado’s Pizza Grill & Ale House in Mt. Lebanon

● Stewart’s Shop on Manning Boulevard in Albany NY closing due to theft

● Family Dollar in Georgetown TX

● Once Upon a Child in Somers NY

● Mr. Hot Dog & More, 807 Pleasant View Boulevard Bellefonte PA

● Chinatown’s Flight Wine Bar in DC

● The Rustic Camo Boutique in Quakertown PA

● Party City balloon supplier goes bankrupt 

● Bowen Jewelry Company in Lynchburg VA

● Mon Ami Gabi in Reston VA

● El Gato Cantina Mexican Restaurant in Burlington VT

● Ambience Furs at 4812 Rainbow Blvd. in Westwood KS

● Riley’s Brew Pub in Clovis CA

● REI Store at 43962 Fremont Blvd CA

● Packaging Plus Services, located at 224 E Mill Road, Long Valley NJ

● Al’s Upstairs in Columbia SC

● Balzac, the iconic wine bar and restaurant at 1716 N. Arlington Pl. Milwaukee WI

● Bloomberg Industry Group plans to shutter its K Street office in downtown Washington D.C – 14 layoffs

● Harold Jaffe Jewelers Toledo OH

● Train City, Inc closing after 40 years in the model train business

● Cinemark will close its Cinemark Enfield Square 12 theaters in Enfield Square Mall Connecticut

● Huahua’s Taqueria, a Mexican spot in Miami Beach FL

● Denneno’s Pizza in Stoughton MA

● Bossier Parish Youth Shelter LA

● Bankruptcy: Auto Supplier Unique Fabricating Inc – Chapter 7

● The Creamettes Emporium antique store in uptown Norwalk CT

● The Great Barn Taproom in Warrington Township PA closed, looking for new location

● Barclay Furniture Associates, Inc., located at 532 Main St. in downtown Holyoke MA

● Magdalen College in Warner NH closing in May 2024

● Carson City’s Johnny Rockets NV

● JV’s Barbershop on East Delavan in Buffalo NY

● Spalding Catholic School in Alton Iowa is closing

● Saputo plans to shut down the Lancaster facility WI

● National Spinning on Highway 130 NC is scheduled to close in early 2024 – 110 Jobs lost

● Hacienda La Puente Unified School District CA approves plan to close 4 schools

● Hotel Harrington and Harry’s Bar in downtown D.C

● Penguin Point to close 6 remaining restaurants on Sunday

● Unique Fabricating – 175

● Vinyl Renaissance and Audio in Overland Park KS

● The Clam Bar in Syracuse NY

● Dalebroux Jewelry in Two River Wisconsin

● Terrebonne Depot restaurant OR

● Rad Power Bikes is closing its retail store location in Brooklyn, NY

● The Wagon Wheel on Route 22 in Salem Township PA

● Wishing Well Gifts in Iron Mountain MI

● Lacuna Brunch & Tequila Cafe in Beaumont TX

● Bankruptcy: Miss Universe owner JKN Global Group

● Elgin Academy in Elgin Il to close at end of school year. Open for 185 Years

● Edgewood Independent School District in San Antonio TX – proposes closing 2 schools

● Corner Grill in Salisbury MD

● Grand Lux Cafe in Chicago IL

● Brine Restaurant’s locations on H Street and DuPont Washington DC

● Leslie Coffee Co. in Delano Wichita KS

● Monterey Mushrooms Inc closing Zellwood FL mushroom farm

● Marjie’s Grill in New Orleans

● The first-ever Caribou Coffee, located in Edina, MN

● Hathaway’s Diner, located in Carew Tower Cincinnati, OH

● Tyson plans to close its plant in the Paxon area of West Jacksonville, FL – 219 Jobs lost

● Kuubix shutting down Visalia Office CA – 46 Jobs lost

● The Fox and Crow in Fort Collins CO

● Gaithersburg’s NexImmune preparing to close down

● Nordstrom Quality Center in Tukwila WA closing. – 67 Layoffs

● Nashua Adult Day Health in Merrimack, Maintaining Independence in Hooksett and Senior Class Center in Hampstead NH

● Bankruptcy: Premier Kings, a 172-unit Alabama and Georgia Burger King Franchisee

● Denneno’s Pizza is 545 Pearl Street, Stoughton, MA

● Suda, a Japanese restaurant in downtown Jackson WY

● The Fat Beet Plant Based Restaurant in Bellingham WA

● Historic St. Hedwig’s Church in Chester, PA

● Sweet Dreams Candy and Boutique in Berkeley CA

● All Day, the Miami coffee shop FL

● Barfield’s Bar and Grille, at 4803 Highway 17 Bypass in Myrtle Beach SC

● Frederick’s Flowers in PA closing after 91 years

● Breakiron Jewelers in Erie PA

● Zeus Living is winding down operations

● Lil Pop Shop at 265 S. 44th Street, Philadelphia PA

● Bankruptcy: Anagram

● Sleep Number to close 40-50 stores by end of 2024 – Layoffs , no #

● Pok-E-Joe’s BBQ in Lynchburg VA

● T.J. Maxx store located at 1008 South Canal St. and the Marshalls location at 7507 North Clark St in Chicago

● Daddy Matty’s BBQ in Madison NJ

● Ale Industries Brewing in Oakland CA

● Hometown Convenience in Boothbay Harbor ME

● Romm Diamonds at 1280 Belmont St. Brockton MA

● Nostalgia Music & More, 321 West Main St. in Waukesha WI

● Beaver Blacksmith and Welding in Beavers Dam WI

● The Local Oyster to close both Baltimore restaurants

● Bensenville’s Victory Auto Wreckers

● Bankruptcy: Meadow Lark Agency – Chapter 7

● Bankruptcy:  WeWork – Chapter 11