Reasons to Read

Understand how store closures and openings are reshaping the US retail landscape in a turbulent 2025.

Read this report to discover answers to these and other questions:

• What is the projected full-year outlook for US retail store closures and openings based on midyear trends? Is US retail on course for 15,000 store closures?
• How are store sizes, sector dynamics and location types influencing midyear closure and opening activity?
• Which retail sectors and retailers are driving the highest number of closures and openings—and why?
• How are bankruptcies impacting the retail real estate market, and which companies are leading the closure charts?

Data in this report include: Updated estimates for 2025 store closures and openings; store closure and opening counts by sector and retailer; square footage analysis of closures and openings; confirmed vs. planned store activity; and breakdowns by location type.

Companies mentioned in this report include: Ace Hardware, Aldi, Big Lots, Burlington Stores, CVS Health, Dollar General, Dollar Tree, Five Below, Forever 21, Joann, Macy’s, Ollie’s, Party City, Rite Aid, Sprouts Farmers Market, The TJX Companies, Ulta Beauty, Walgreens and more.

Other relevant research:

• US Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? Infographic
• View our full collection of store tracker reports, covering the UK, the US and Canada.
• 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.
• Our coverage of tariffs.