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Store Trackers

Weekly US and UK Store Openings and Closures Tracker 2019, Week 12: Shopko to Liquidate; In the UK, Office Outlet Enters Administration

Coresight Research

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 5,399 store closures and 2,396 store openings. This compares to 5,726 closures and 3,243 openings for all of 2018.
  • The Shops & Restaurants at Hudson Yards (in Manhattan) opened March 15 with 720,000 leasable square feet anchored by a three-floor Neiman Marcus.
  • Ikea will open its first US city-center small-format store in Manhattan in April.
  • Shoes of Prey has ceased operations worldwide.
  • Year to date, UK retailers have announced 310 store closures and 327 store openings.
  • Stationery chain Office Outlet is now in administration; its 90 stores will continue to operate.

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