Popular retail chains closed dozens of Sacramento-area stores in 2024. Here’s who and where
2024 was a tough year for retail, with many major chains closing Sacramento-area locations for good.
Some businesses shut local stores due to financial challenges ranging from bankruptcy and competition from online retailers, while others cited a decline of foot traffic.
The only Goodwill discount store in Citrus Heights closed after 20 years in business, while distribution centers for Rite Aid and Amazon also shut their doors.
Here are 10 major retail chains that announced in 2024 that they were closing locations in the Sacramento area — and why they shut down:
American Freight
American Freight Appliances and Furniture announced in November that it was closing all of its 328 locations – including two Sacramento-area spots.
The local stores, which specialized in discount furniture and home appliances, were at 1200 Blumenfeld Drive in Sacramento, and 10379 Folsom Blvd. in Rancho Cordova.
The reasons for the closures?
Franchise Group, Inc., owner of American Freight, said it was “restructuring” after declaring Chapter 11 bankruptcy.
Big Lots
Big Lots closed more than 400 stores across the United States in 2024, including several in the Sacramento region.
The Ohio-based discount retail chain filed for Chapter 11 bankruptcy in September in anticipation of a sale to private equity firm Nexus Capital Management However, the deal never materialized.
In December, Big Lots announced that it would “commence going-out-of-business sales at all remaining Big Lots store locations in the coming days to protect the value of its estate.”
The following Sacramento-area locations closed in 2024:
8700 La Riviera Drive, Sacramento
6630 Valley Hi Drive, Sacramento
8539 Elk Grove Blvd., Elk Grove
3615 Elkhorn Blvd., North Highlands
9500 Greenback Lane, Folsom
52 West Court St., Woodland
Elsewhere in the region, Big Lots shut down stores in Lodi, Placerville and Vacaville.
Banana Republic
Banana Republic closed one of three locations in the Sacramento area in January.
The upscale clothing retailer shut its doors in the Westfield Galleria at Roseville shopping center.
Only one Banana Republic store remains open in Sacramento: a location at Arden Fair mall.
There’s also a Banana Republic Factory location at Folsom Premium Outlets.
CVS
At least two CVS Pharmacy stores closed in the Sacramento area in 2024.
In January, CVS sealed its doors at 3338 Arden Way in Sacramento’s Arden Watt Marketplace shopping center, transferring services to the CVS Pharmacy location at 2636 Marconi Ave.
The drugstore chain shut a location inside Target, 1707 J St. in midtown Sacramento, in February. Pharmacy prescriptions were transferred to the CVS on Folsom Boulevard in East Sacramento.
Asked why a CVS store might close, company spokeswoman Amy Thibault cited “local market dynamics, population shifts, a community’s store density” and other “geographic access points.”
Forever 21
In March, fast-fashion chain Forever 21 closed its location at the Westfield Galleria at Roseville mall after 15 years.
The Los Angeles-based clothing retailer filed for bankruptcy in 2019 to restructure its brand.
Forever 21 locations in Sacramento’s Arden Fair mall and Folsom Premium Outlets remain open.
Grocery Outlet
Discount supermarket chain Grocery Outlet closed its location at 3431 Watt Ave. in Arden Arcade in April.
“Sadly we’re closing our doors at this location soon, but there’s still time for you to save,” store representatives said in a social media post, although they didn’t give a reason for the closure. “Thank you for the support during our time here!”
Other Grocery Outlet locations remain open in the area, including stores in North Highlands and Sacramento.
LL Flooring
LL Flooring announced plans to close a total of 94 locations across the United States — including a store at 8777 Elk Grove Blvd. in Elk Grove — after filing for bankruptcy in August
Founded as Lumber Liquidators, the Virginia-based floor company describes itself as “the country’s leading specialty retailers of hard-surface flooring,”
LL Flooring CEO Charles Tyson said filing bankruptcy was the “best path forward” to provide the company with “financial flexibility.”
Party City
The largest party retailer in North America is going out of business after 40 years.
Party City decided to close more than 800 locations due to extensive financial challenges, CEO Barry Litwin told corporate employees during a Dec. 20 meeting.
All six of Party City’s Sacramento-area locations are shutting their doors:
1703 Arden Way, Sacramento
7440 Laguna Blvd., Suite 104, Elk Grove
6302 Sunrise Blvd., Citrus Heights
1386 East Main St., Woodland
6748 Stanford Ranch Road, Roseville
2780 East Bidwell St., Suite 100, Folsom
An employee at Party City’s Folsom location told The Sacramento Bee that the store will officially close at “the end of February.”
Walgreens
National pharmacy chain Walgreens closed several drugstores in the Sacramento region in 2024, including locations at:
6199 Sunrise Blvd., Citrus Heights
6819 Watt Ave., North Highlands
840 El Camino Ave., Sacramento
4220 Missouri Flat Road, Placerville
Walgreens’ parent company, Walgreens Boots Alliance, announced in October that it plans to shut down approximately 1,200 more locations over the next three years due to declining prescription drug payments and online competitors.
That includes the closure of more than 500 stores in 2025.
Walgreens locations at 1401 Broadway near Tower Cafe and 7155 24th St. near Florin Road in Sacramento are expected to close in January, the Sacramento Business Journal reported, and a Cameron Park store is also on the chopping block.
Walmart
Walmart Neighborhood Market, 4080 Douglas Blvd. in Granite Bay, closed in April due to the store’s inability to meet financial expectations.
“This decision was not made lightly and was reached only after a careful and thoughtful review process,” Walmart communications director Alicia Anger said. ““While our underlying business is strong, this store hasn’t performed as well as we hoped.
Walmart neighborhood markets provide customers with groceries, a pharmacy and other merchandise, according to the company’s website, and are designed to be smaller than Walmart supercenters and discount stores.
