Weekly Store Openings and Closures Tracker 2018 #33: Casper Sleep to Open 200 Stores in the Next Three Years

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Key Points

Coresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.

Year-to-date 2018, the number of US store closure announcements stands at 4,379 and the number of store openings is 2,367.

US Store Openings:

  • Casper Sleep is opening 200 stores in the next three years.
  • BCBG Max Azria opened a new store in Soho, New York City.
  • JCPenney plans to open 500 baby shops starting August 30.

US Bankruptcies and Mergers:

  • Samuels Jewelers has filed for bankruptcy.
  • Albertsons and Rite Aid have cancelled a $24 billion merger plan.

Year to date in the UK, there have been 1,196 store closure announcements and 657 store opening announcements.

UK Store Closures:

  • Homebase plans to close 42 stores.
  • Seven Marks & Spencer clothing stores will close this Saturday.

UK Store Openings:

  • B&M plans to open at least 45 net new stores this financial year.
  • Acuitis will open 40 practices in two years.
  • Screwfix opened 10 stores in the first quarter of 2018.

Coresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.

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