Weekly Store Openings and Closures Tracker 2019, Week 10: Dollar Tree Plans 550 New Stores; Foot Locker Closing 165 Stores; Peloton to Open 100 Stores

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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, US retailers have announced 4,810 store closures and 2,264 store openings.
  • Dollar Tree Inc. plans to open a total of 550 stores: 350 under the Dollar Tree banner and 200 under the Family Dollar banner.
  • Victoria’s Secret will close 50 US stores.
  • Foot Locker will close 165 stores and open 80 new stores globally.
  • Peloton will open 100 new stores.
  • JCPenney plans to shutter 27 stores.
  • Gap will shut 230 stores globally over a two-year period.
  • Year to date, UK retailers have announced 305 store closures and 327 store openings.
  • Paperchase will shutter at least five stores.
  • Debenhams reaffirms plans to close 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.

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