61 minutes

US Store Tracker Extra, January 2025: 50+ Million Square Feet of Retail Space Slated To Close This Year

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

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

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