America is bracing for a mass exodus of retail stores across the country this year, with more than 800 major retail outlets set to close from California to New York.

Among the iconic names that have announced cuts are Bed Bath & Beyond, Walmart, Gap and Party City.

At least 803 stores will close by the end of 2023, many forced to cut costs desperately amid rampant inflation and lowering the bottom line.

The move comes at a time when many industries continue to struggle, including Silicon Valley a “tech crash” that has seen more than 70,000 jobs lost in recent months.

Tuesday Morning plans to open its second largest stores in the country this year after closing more than half of its locations as it battles bankruptcy

Tableware giant Bed Bath & Beyond leads the list of brands closing their stores.

The retailer once owned more than 1,500 stores across America, but a recent purge showed it was on pace to end the year at just 480.

The company has suffered a tumultuous few months leading up to the latest decision, including massive losses, the death of its CEO and the sale of a huge stake in the company to activist investors.

At least 416 of its stores in the U.S. have been identified for closure, while each of its 65 stores in Canada is also slated to close.

Despite having 953 stores in North America just a year ago, by the end of 2023 there will be only 360 Bed Bath & Beyond flagship stores and 120 Buybuy Baby stores in America.

The state that will be hit the hardest is California, which will see 35 store closures, while Florida will lose 21, New York will lose 23, and Illinois will lose 18.

Second on the list of stores looking to close shop is Tuesday Morning, which is closing more than half of its branches in a desperate bid to survive bankruptcy.

The home goods company is closing 265 stores as it struggles to survive, in what will be the second wave of store closures in three years.

Its massive reorganization comes as the chain filed for Chapter 11 bankruptcy this month, meaning it is now forced to close its least profitable stores.

They fell first in California, which will close 30 stores, Florida, which will lose 23, and Texas, which will lose 19.

Other states facing major closures include Virginia with 10, Georgia with 12 and Colorado with 14.

Many of America’s biggest retail brands plan to close stores this year, including Walmart, which will close locations in Illinois, Wisconsin, New Mexico, Florida and Arkansas

At least 803 retail stores are slated to close by the end of 2023 amid rampant inflation and a worsening economic outlook

Iconic department store Macy’s is also among those announcing closures this year as it plans to close four stores in California, Colorado, Hawaii and Maryland

Party City stores continue to announce closures as industry struggles hit America’s major retailers

Up to 74 Gap stores are also slated to close in 2023, after the parent company already closed four of its Banana Republic stores this year.

The mass closures come after the firm announced two years ago that it would close around 350 stores by the end of 2023.

And while most of the damage has already been done after 276 stores have been closed since the announcement, 74 remain up for grabs.

While the company doesn’t have an exact list of closing locations, if it does close stores over the past two years, California will take the biggest hit after losing 30 stores.

Meanwhile, Party City is expected to shrink, with 12 seats currently up for auction across the country.

The store is another major brand to face bankruptcy, with 10 more stores set to close throughout February as the company tries to stay afloat.

The state that will lose the most Party City locations is New York with five, followed by Michigan with four.

West Virginia, Missouri and Georgia also made the list with two, while Iowa, Illinois, Louisiana, New Jersey, Oklahoma, Oregon and Texas each lost one.

Walmart is one of the high profile brands also looking to reduce their presence on the high street this year.

The iconic retailer is closing five major stores and its last two pickup-only locations, citing low revenue.

Walmart’s closings come after the store routinely closes several stores across the country each year, with Illinois, Wisconsin, New Mexico, Florida and Arkansas selected to be hit this year.

Big Lots is also closing seven stores this year as the discount chain seeks to target small towns and move away from urban areas.

Three locations will be closed in California and four in Colorado.

Mall staple Macy’s is closing four stores in the first quarter of 2023, with malls in California, Colorado, Hawaii and Maryland losing.

The closings are part of Macy’s three-year plan to close 125 locations.

Another store that will close multiple locations includes The RealReal, which will close four stores and two consignment offices nationwide to cut $2 million in costs.

And after closing more than 150 stores since 2020, JCPenney also plans to close its locations in Oswego, New York, and Elkhart, Indiana, this year.

Rounding out the list is Amazon, which has announced the closure of several of its Fresh and Go grocery stores.

The online retail giant is also putting a planned expansion on hold while reviewing its in-store strategy, with many of its biggest US brands also struggling to cope with the downturn in the economy.