Weekly Store Openings and Closures Tracker 2018 #43: Debenhams Plans to Close up to 50 Stores
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 4,972 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.