Weekly US and UK Store Openings and Closures Tracker 2019, Week 19: CVS Shuts Underperforming Stores

Executive Summary

Coresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures 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:

• In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.
• So far this year, US retailers have announced 6,196 store closures and 2,724 store openings. This compares to 5,864 closures and 3,239 openings for the full year 2018.
• Year to date, UK retailers have announced 321 store closures and 368 store openings.