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51 minutes

US Store Tracker Extra, August 2024: Big Lots and Macy’s Contribute to 83 Million Square Feet of Total Closed Retail Space for 2024

Primary Analyst:
Aaron Mark Dsouza, Data Analyst
Contributors
Primary Analyst:
Aaron Mark Dsouza, Data Analyst
Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Store Tracker

What's Inside

Announced store closures by Big Lots and Macy’s in August contribute a combined 20+% to the planned 83 million square feet of closed retail space for 2024, 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 August 30, 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: Big Lots, Harbor Freight Tools, LL Flooring, Macy’s, Rite Aid

Other relevant research:

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