US Store Tracker Extra, June 2024: At Midyear, Store Openings Outpace Closures by 20%

What's Inside

Planned and announced US store openings for 2024 total more than 4,200, outpacing store closures by 20% and resulting in nearly 78 million square feet of new retail space, we estimate.

Discover US retailers’ latest store closure and opening announcements, as well as the square-footage impacts of these developments.

This report is part of our monthly US Store Tracker Extra series; it represents a midyear update as we offer insights into announced developments as of June 28, 2024.

Data in this report are:

• Year-to-date (YTD) US store closures and openings estimates for 2024, by retailer—total number of store closures/openings and their square-footage impact
• US announced store closures and openings: week-by-week data for 2024 versus the comparable period in 2023

Companies mentioned in this report include: Bath & Body Works, Casey’s, Dollar General, Dollar Tree, Foot Locker, Gap Inc.

Other relevant research:

• View our full collection of store tracker reports.
• The Coresight Research US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries. For the US, the Databank includes store openings and closures from 2012 to 2024 YTD; for the UK, data span 2017 to 2024 YTD.