Store Tracker | March 29, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 13: Tommy Hilfiger Shuts Fifth Avenue Flagship Store; In the UK, Flannels to Open 60 stores by 2021Year to date, US retailers have announced 5,480 store closures and 2,458 store openings. This compares to 5,727 closures and 3,239 openings for the full year 2018. Read More
Store Tracker | March 22, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 12: Shopko to Liquidate; In the UK, Office Outlet Enters AdministrationCoresight 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. Read More
Store Tracker | March 15, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 11: Charlotte Russe Closing 500 Stores; Burlington Plans 50 New Stores; AEO to Open 60-75 StoresYear to date, US retailers have announced 5,279 store closures and 2,395 store openings. This compares to 5,726 closures and 3,243 openings for the full year 2018. Year to date, UK retailers have announced 310 store closures and 327 store openings. Read More
Flash Report | March 8, 2019 Register for Free Access Amazon Plans to Drop its Pop-Up StoresAmazon plans to close 87 of its pop-up stores by the end of April, a company spokesperson confirmed to the Wall Street Journal. The pop-ups sell other brands of Amazon consumer electronics products, and their existence underscores Amazon’s willingness to experiment with various retail formats and make changes based on data collected. Read More
Store Tracker | March 8, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 10: Dollar Tree Plans 550 New Stores; Foot Locker Closing 165 Stores; Peloton to Open 100 StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies. Read More
Store Tracker | March 1, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 9: Southeastern Grocers Set to Close 22 StoresYear to date in 2019, US retailers have announced 4,309 store closures and 1,586 store openings. UK retailers have announced 285 store closures and 327 store openings. Read More
Store Tracker | February 22, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 8: Payless Files for Bankruptcy, Set to Close 2,100 StoresYear to date in 2019, U.S. retailers have announced 4,287 store closures and 1,586 store openings. Read More
Company Earnings Update | February 15, 2019 Register for Free Access Taubman Centers (NYSE: TCO) 4Q18 Results: Beats Consensus Estimates, Lowers 2019 Guidance, Announces Sale of Half its Stake in Asia MallsTaubman Centers revenues down 2.7%, net operating revenue down 2.6%, EPS slides 84.9%. Company to sell 50% of its interests in three Asia shopping centers for $480 million. Read More
Store Tracker | February 15, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 7: Payless May Shut Most of its StoresYear to date in 2019, U.S. retailers have announced 2,187 store closures and 1,503 store openings. Read More
Company Earnings Update | February 14, 2019 Register for Free Access Unibail-Rodamco-Westfield (AMS: URW) FY18 Results: Earnings Beat Guidance, Capital-Consolidation Phase Ahead in the Near TermUnibail-Rodamco-Westfield (URW) reported 2H18 gross rental income of €1.22 billion, up 33.7% year over year and FY18 gross rental income of €2.2 billion, up 21.3% year over year. Read More
Insight Report | February 13, 2019 Premium US Store Closures 2019 Outlook: No Light at the End of the TunnelStore closure announcements so far in 2019 are up 23% versus this time last year, with potentially many more on the way due to retail bankruptcies continuing at a rapid pace. The number of filings in the first six weeks of 2019 is already at one-third of last year’s total. Read More
Store Tracker | February 8, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 6: Shopko Set to Close 251 StoresYear to date in 2019, U.S. retailers have announced 2,187 store closures and 1,411 store openings. Read More
Store Tracker | February 1, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 5: Things Remembered on Verge of Bankruptcy, Williams-Sonoma May Close 80 StoresYear to date in 2019, U.S. retailers have announced 1,678 store closures and 1,399 store openings. Read More
Flash Report | January 30, 2019 Register for Free Access Walgreens Boots Alliance Bags Over 60 Shopko Stores After Bankruptcy Court Approves BidsGeneral merchandise retailer Shopko filed for Chapter 11 bankruptcy protection on January 16, 2019. The company attributed its petition for financial restructuring to “excess debt and ongoing competitive pressures.” The retailer stated it would close an additional 38 stores this year, in addition to the 67 previously earmarked for closure, relocate 20 optical centers to freestanding locations and auction off its pharmacy business. Read More
Deep Dive | January 28, 2019 Free Report 10 Retail Trends for 2019: Get Ready for Retail ReinventionGet ready for better stores and better retailing. We expect 2019 to be a year of reinvention — and not just for the retail sector as a whole, but for physical stores in particular. As we outline over the following pages, we anticipate that the year will be marked by spectacular retail, fast retail and smart retail. Read More
