What's Inside

Announcements by Big Lots, Macy’s and Party City at the start of the year have pushed planned total closed retail space for 2025 to over 50 million square feet, 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 January 31, 2025.

Data in this report are:

• Year-to-date (YTD) US store closures and openings estimates for 2025 and 2024, by retailer—total number of store closures/openings, as a proportion of store portfolios and square-footage impacts
• US announced store closures and openings: week-by-week data for 2025 versus the comparable period in 2024
• US retail bankruptcies, 2025 and 2024

Companies mentioned in this report include: Aldi, Big Lots, Macy’s, Party City, Walgreens Boots Alliance, Walmart

Other relevant research:

• More research on physical retail
• View our full collection of store tracker 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.
• The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020.