Weekly US and UK Store Openings and Closures Tracker 2019, Week 40: Forever 21 Files for Bankruptcy; Plans To Close Many US Stores

Executive Summary

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies.

• 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 8,579 store closures and 3,571 store openings. This compares to 5,844 closures and 3,258 openings for the full year 2018.
• Year to date, UK retailers have announced 443 store closures and 635 store openings.