Weekly Store Openings and Closures Tracker 2018 #39: Poundland to Open 20 Stores in Former Poundworld Locations

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Key Points

  • Year-to-date (YTD) 2018, the number of US store closure announcements stands at 4,612 and the number of store openings is 2,639.
  • Michael Kors is acquiring Versace for $2.12 billion.
  • YTD in the UK, there have been 1,256 store closure announcements and 757 store opening announcements.
  • Poundland is opening 20 new stores in former Poundworld locations.
  • French Connection is closing eight stores.

Year-to-date (YTD) 2018, the number of US store closure announcements stands at 4,612 and the number of store openings is 2,639.

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