Fashion Footprint: Real Estate Expansion and Store Downsizing in the US Apparel Retail Market

What's Inside

The major apparel and footwear companies of the US market play a significant role in shaping the country’s real estate landscape—by selecting strategic locations for new stores and making the decision to close stores, these retailers impact commercial properties nationwide.

Building on our Market Navigator on US apparel and footwear retailing, we explore various apparel and footwear companies’ store opening and closure strategies over the past few years. We also dive into recent store traffic data, providing a comprehensive understanding of how apparel retailers are changing their physical footprints in 2024.

Data in this research report include:

• The size and trajectory of the US apparel and footwear market, 2019–2028E
• The top 50 US apparel and footwear retailers by 2024 store count, as well as their 2020–2024 store count CAGRs
• Year-over-year changes in store traffic at major US apparel and footwear retailers, July 2023–June 2024
• Major store openings and closures in the US apparel and footwear market, 2019–June 2024

Companies mentioned in this report include: Adidas, American Eagle Outfitters, Burlington Stores, Carter’s Inc., Dick’s Sporting Goods, Foot Locker, Gap Inc, H&M, Lululemon Athletica, Nordstrom, Ross Stores, Skechers, The TJX Companies, Urban Outfitters, Zara

Other relevant research:

• Market Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop
• Amazon Apparel US Consumer Survey 2024: Amazon Regains Its Spot as America’s Most-Shopped Clothing and Footwear Retailer
• US Apparel and Footwear—Retail 2024 Sector Outlook: While Resilience Remains, E-Commerce Continues To Cede Share to Physical Stores
• Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles.
• Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology.