US and UK Store Tracker Extra: Store Openings and Closures 2023 Review and 2024 Outlook

What's Inside

The Store Tracker Extra monthly series offers additional insight into retailers’ store closure and opening announcements.

In this report, we provide our yearly review of store closures and openings in the US and the UK. We review calendar 2023, breaking the counts down by sector, and present our projections for 2024. For the US, we also provide estimated square-footage impacts, location types (on-mall versus off-mall) and openings/closures as a proportion of retailers’ store bases.

• The infographic download summarizes key data from this report.

Data in this research report include:

2023 Review

• US and UK store closure and opening counts, 2019–2024E
• US and UK store closures and openings by sector, 2023
• Breakdown of US store closures in the home and office retail sector by retailer, 2023
• Breakdown of US store openings in the discount-store sector by retailer, 2023
• Details of announced US store closures and openings for 2023, by retailer—total closures, closures as a proportion of store base, total size (square footage) of estimated closures, predominant location type
• Announced UK store closures and openings for 2023, by retailer

2024 Outlook

• US and UK store closure and opening totals of major retailers in aggregate, and year-over-year change, 2018–2024E
• Year-to-date announced US and UK store closures and openings for 2024
• Coresight Research projections for US and UK store closures and openings in 2024

Companies mentioned in this report include: 7-Eleven, Argos, Bed Bath & Beyond, Co-op, Dollar General, Family Dollar, Frasers Group, Foot Locker, JD Sports, Paperchase, Rite Aid, Ross Stores, The TJX Companies, Tuesday Morning, Walgreens Boots Alliance, Wilko

Other relevant research:

• Download the infographic using the icon on this page or click here to view it online.
• Retail 2024 Sector Outlooks: Ebook
• Five Forces and Five Trends Impacting US Retail in 2024
• View our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra 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 year to date (YTD); for the UK, data span 2017 to 2024 YTD.