US Store Tracker Extra, January 2024: CVS Drives Closures, Shuttering 4+ Million Square Feet of Retail Space

What's Inside

The US will see more than 7 million square feet of retail space close in 2024.

The US Store Tracker Extra monthly series offers insight into retailers’ store closure and opening announcements, including their square-footage impact. In this report, we detail announced closures and openings as of February 2, 2024.

Data in this report are:

• Year-to-date announced US store closures and openings estimates for 2023, by retailer
• Year-to-date announced 2023 US store closures and openings estimates in gross square feet, by retailer
• US announced store closures and openings: week-by-week data for year-to-date 2023 versus the comparable period in 2022

Companies mentioned in this report include: Aldi, Amazon, Barnes and Noble, Bath & Body Works, CVS Health, Dollar General, Dollar Tree, IKEA, JD Sports, Macy’s, Ross Stores, Soft Surroundings, Ulta Beauty, Walmart, WHSmith

Other relevant research:

• 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.