Reasons to Read

Uncover which retailers are driving the surge in US store closures—and who’s still expanding.

Read this report to discover answers to these and other questions:

• Which retailers led this week’s spike in store closures and new openings across the US?
• How do 2025 store closure and opening trends compare to 2024—and what does the data reveal about retail health?

Companies mentioned in this report include: Aspen Sound, Beyond Yoga, Car Toys, Crocs, CTX Operating Company, Daiso, H-E-B, Knix, LEGO, Rural King, Subdued, Tapestry, TNS and Wawa.

Data in this report include: weekly totals of US store closures and openings for 2025 and 2024; retailer-level breakdowns of announced versus confirmed closures/openings; total store counts by retailer; total US retail bankruptcies year to date.

Other relevant research:

• The full collection of Store Tracker reports, including our UK-focused series
• The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.
• The Corporate and Financial Developments Databank includes details of management changes, financial guidance updates, retail and tech layoffs and capital raised by major retail companies.
• The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020.