Coresight Research tracks news about store closures and openings, bankruptcies and management changes. Our Weekly Store Openings and Closures Tracker focuses on department stores and specialty retail, including, but not limited to, softlines, hardlines, consumer electronics,grocery and furniture.

2018 Major US Store Openings and Closures

Year-to-date 2018, the number of US store closure announcements stands at 4,136and the number of store openings is 1,885.

What Is Happening this Week in the US?

Safeway to Close Two Stores in Phoenix

Safeway plans to close two stores in the Phoenix area to improve operational efficiencies. The stores will close by the end of July.

Non-Store-Closure News

Google to Invest $550 Million in JD.com to Explore Retail Opportunities

Google is investing $550 million in Chinese e-commerce and technology company JD.com to explore retail opportunities in Southeast Asia, the US and Europe. Through the deal, JD.com’s products will be made available on Google Shopping, and the leading Chinese e-tailer will be able to leverage Google’s data for its overseas expansion.

Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. These include: Ascena, Gap, Lord & Taylor, The Children’s Place and Vera Bradley. Source: Company reports/Coresight Research

Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. These include: Aldi, Costco, Gap, Lidl, Mackage. Source: Company reports/Coresight Research

Year-to-Date 2018 Major US Store Bankruptcies

Source: Company reports/Coresight Research

2017 Major US Store Openings and Closures

Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. Source: Company reports/Coresight Research

Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. Source: Company reports/Coresight Research

2017 Major US Store Bankruptcies

Source: Company reports/Coresight Research

2018 Major UK Store Openings and Closures

Year to date in the UK, there have been895store closure announcements and 622 store opening announcements.

What Is Happening this Week in the UK?

Habitat to Open Two New Standalone Stores

Home furnishing retailer Habitat plans to open two new standalone stores in the UK this autumn, marking its first expansion after Sainsbury’s acquisition back in April 2016. The new stores will be located in the Westfield shopping center in London and the new Lanes development in Brighton. The retailer had gone into liquidation back in 2011, closing all but three stores in London. Managing Director of Habitat, Clare Askem, said, “It’s a really exciting time for Habitat as we launch our first major standalone stores in 10 years. Stores are an important part of our growth strategy, as we know that our customers love to be inspired by our furniture and furnishings in immersive store settings, so we’re thrilled that these launches will bring us to key locations in Brighton and Westfield London where we have a lot of Habitat fans.”

Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. These include: Argos B&M, M&S, Monsoon Accessorize, Sainsbury’s and Tesco. Source: Company reports/Coresight Research

Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. These include: Aldi, B&M, Foot Asylum, Greggs, Hema, Heron Foods, House, Lidl, M&Co, M&S, Pets at Home and Smiggle. Source: Company reports/Coresight Research

2017 Major UK Store Openings and Closures

*Total includes a small number of retailers that each announced one store closure and are not charted. Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. Source: Company reports/Coresight Research

*Total includes a small number of retailers that each announced one store opening and are not charted. Coresight Research has calendarized store openings/closures to attribute them to the year in which they fell or are expected to fall. This involves an estimation for some retailers. Source: Company reports/Coresight Research