Weekly Store Openings and Closures Tracker 2018 #41: Mattress Firm Files for Bankruptcy Protection, Plans to Close 700 Stores

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 (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.