What's Inside

In May 2025, announced store closures by New Rite Aid, Office Depot and Smithland pushed the total amount of retail space to close in the US this year to over 100 million square feet, Coresight Research calculates.

Dive into US retailers’ latest store closure and opening announcements, as well as the square-footage impacts of these developments, with our monthly US Store Tracker Extra series. In this report, we offer insights into announced developments as of May 30, 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 and their square-footage impact
• US announced store closures and openings: week-by-week data for 2025 versus the comparable period in 2024
• US retail bankruptcies, 2025 vs. 2024

Companies mentioned in this report include: Bob’s Discount Furniture, Boot Barn, New Rite Aid, Office Depot, Publix Super Markets, Smithland

Other relevant research:

• More research reports on physical retail
• View our full collection of store tracker reports, covering the UK, the US and Canada.
• 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.