10 minutes

Weekly US and UK Store Openings and Closures Tracker 2019, Week 20: Party City Shuts Stores

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Manik Bhatia, Head of Custom Research
Store Tracker

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 6,378 store closures and 2,726 store openings. This compares to 5,864 closures and 3,239 openings for the full year 2018.
  • Year to date, UK retailers have announced 325 store closures and 368 store openings.
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