Weekly Store Openings and Closures Tracker 2018, Week 19: Five Below Opens Over 30 New Stores

Executive Summary

Coresight Research tracks store closures, openings and bankruptcies for a select group of retailers in the US and the UK.  Our Weekly Store Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.

Click here to view our full collection of Weekly US and UK Store Trackers.

Highlights from this week’s Store Tracker:

• Year-to-date 2018, the number of US store closure announcements stands at 3,889 and the number of store openings is 1,789.
• Five Below opened more than 30 new stores in the first quarter of 2018.
• Sears is partnering with Amazon to sell and install tires, including its own DieHard brand, at Sears Auto Centers.
• Year to date in the UK, there have been 447 store closure announcements and 516 store opening announcements.