US Store Tracker Extra, October 2024: Drugstore Chains Drive Total Closed Space to 99 Million Square Feet

What's Inside

Announced store closures by CVS Health and Walgreens Boots Alliance in October have pushed planned total closed retail space for 2024 to nearly 99 million square feet, according to Coresight Research estimates.

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; we offer insights into announced developments as of November 1, 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
• US retail bankruptcies, 2024 vs. 2023

Companies mentioned in this report include: Costco Wholesale, CVS Health, Ulta Beauty, Walgreens Boots Alliance

Other relevant research:

• Read more research reports covering physical retail.
• 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.
• The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020.