While some areas like Edmond and Norman are seeing new growth, many household names are shrinking their footprints or leaving the state entirely. For Oklahoma shoppers, this means it’s time to use those gift cards and prepare for empty storefronts at local plazas.
Based on recent bankruptcy filings, corporate restructuring announcements, and ongoing "fleet optimization" plans, here are six major retail chains closing locations in Oklahoma this year.
1. Conn’s HomePlus
This is the most significant loss for Oklahoma shoppers looking for furniture and appliances. The Texas-based retailer filed for bankruptcy and announced a plan to wind down operations entirely.
This is a massive hit to the local market, as the chain had a significant presence in the state. All locations—including major showrooms in Oklahoma City, Tulsa, and Moore—have been part of the liquidation process. "Going out of business" sales have been clearing out inventory, and the large buildings that were once staples for financing home goods are going dark.
2. Big Lots
The discount furniture and pantry retailer filed for bankruptcy protection and has been aggressively shedding stores to survive. Oklahoma, which was spared in the very first waves of closures, has now been hit hard.
Reports indicate that the company has moved to close its remaining footprint in the state. Locations in Oklahoma City, Tulsa, Edmond, and Lawton have been marked for closure. Shoppers who frequented these spots for bargain patio furniture or pantry staples should expect final liquidation sales as the brand exits the region.
3. GameStop
The video game retailer is shrinking fast. Headquartered just south of the border in Texas, GameStop has been aggressively closing stores as it pivots its business model away from physical media.
Filings indicate that the company is closing a "significant number" of stores to start the year. This impacts locations across Oklahoma, including underperforming stores in strip malls in Midwest City, Enid, and the Tulsa metro area. The company is focusing on profitability, meaning the small, quiet locations you visited for midnight releases are increasingly likely to be shuttered.
4. LL Flooring
Formerly known as Lumber Liquidators, this flooring retailer is closing its doors entirely. After failing to find a buyer during its bankruptcy process, the company announced a total liquidation of all stores nationwide.
This affects locations across the state, including stores in Oklahoma City and Tulsa. Homeowners who were planning renovations should know that "all sales are final" and installation services have ceased. The storefronts will go dark once the remaining inventory is sold off, leaving empty boxes in major retail strips.
5. Walgreens
The pharmacy giant is in the midst of closing roughly 1,200 stores nationwide to cut costs. Oklahoma is seeing a specific wave of these cuts as the company "optimizes" its fleet.
Walgreens is targeting locations that are not profitable enough to sustain rising labor costs or are located too close to other existing branches. Locations in Oklahoma City and Tulsa that face stiff competition from CVS and local pharmacies are being evaluated. If you live in a neighborhood with two Walgreens within a mile of each other, it is highly likely one will shutter as this plan concludes.
6. Advance Auto Parts
The auto parts giant is pumping the brakes harder than almost any other retailer this year. Advance Auto Parts announced a massive restructuring plan to shutter over 700 locations nationwide to stabilize its finances.
Oklahoma is expected to feel the impact as the company consolidates its footprint. The strategy involves focusing on its "Pro" business (selling to mechanics) rather than retail DIY stores. This means smaller, redundant locations in the state—particularly those in saturated markets—could be consolidated into nearby hubs. If you have a warranty on a car battery or part, you should check if your local store is remaining open.