Weekly Store Openings and Closures Tracker 2018, Week 41: Mattress Firm Files for Bankruptcy Protection, Plans to Close 700 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 (YTD) 2018, the number of US store closure announcements stands at 4,799 and the number of store openings is 2,644.
• Mattress Firm has filed for bankruptcy protection with plans to close up to 700 stores.
• YTD in the UK, there have been 1,261 store closure announcements and 782 store opening announcements.
• TJ Hughes is opening three stores in Scotland.