Weekly Store Openings and Closures Tracker 2018, Week 44: Evans Cycles May Close Around 30 Stores
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 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.