Weekly Store Openings and Closures Tracker 2018 #44: Evans Cycles May Close Around 30 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 5,006 and the number of store openings is 2,
• Banana Republic is opening a Cos Bar shop-in-shop in San Francisco.
• YTD in the UK, there have been 1,314 store closure announcements and 777 store opening announcements.
• Evans Cycles may close around half of its UK stores after being bought out of administration by Sports Direct.