13 minutes

Weekly US and UK Store Openings and Closures Tracker 2019, Week 43: Destination Maternity Files for Chapter 11 Bankruptcy Protection

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Alisha Aranha
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Vineeth Gangadharan
Store Tracker

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 8,993 store closures and 3,780 store openings. This compares to 5,844 closures and 3,258 openings for the full year 2018.
  • Year to date, UK retailers have announced 498 store closures and 648 store openings.

 

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