Weekly Store Openings and Closures Tracker 2018, Week 43: Debenhams Plans to Close up to 50 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 4,972 and the number of store openings is 2,
• Caleres has acquired the comfort shoe company Vionic Group for $360 million.
• YTD in the UK, there have been 1,314 store closure announcements and 777 store opening announcements.
• Debenhams confirmed media speculations this week that it is considering closing up to 50 stores.