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

Data in this research report include:

• 2023 week-by-week comparisons of announced store closures and openings in the US and the UK
• 2022 week-by-week comparisons of announced store closures and openings in the US and the UK
• 2023 major US store closures and openings
• 2023 major UK store closures and openings

Companies mentioned in this research report include: Versona, Tesco

Other relevant research:

• Weekly US and UK Store Openings and Closures Tracker 2023, Week 39: UK Closures Up 39%
• The full collection of Weekly US and UK Store Openings and Closures Tracker reports
• Complementing our weekly reports, the Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2023 year to date, filterable by sector and year—now including retailer-level data.

The US

US retailers have so far announced 3,892 store closures and 4,962 store openings for 2023, up by 36 closures and up by 11 openings from last week.

The additional 36 store closures were led by:

• Versona’s 30 store closures
• Save Mart’s two store closures

In addition, ABC Fine Wine & Spirits, Staples, Wawa and Whole Foods Market announced the closure of one store each.

The additional 11 store openings were led by:

• Costco Wholesale’s eight (additional) store openings

In addition, ABC Fine Wine & Spirits, Lidl and Versona announced the opening of one store each.

The UK

UK retailers have so far announced 1,432 store closures and 1,329 store openings for 2023, up by 18 closures and up by 43 openings from last week.

The additional 18 store closures were led by:

• Tesco’s seven (additional) store closures
• Mango’s four store closures
• Clarks’ two (additional) store closures

In addition, Farmfoods, Frasers Group, Lidl, Morrisons and Under Armour announced the closure of one store each.

The additional 43 store openings were led by:

• Tesco’s 27 (additional) store openings
• Under Armour’s three (additional) store openings
• The Range (additional) and Toytown’s openings of two stores each

In addition, Ann Summers, Boyes, Dr. Martens, Farmfoods, Jollyes, Morrisons, NIKE, Saltrock and TK Maxx announced the opening of one store each.

 

THE US

2023 Major US Store Closures and Openings

This week, we discuss store updates for ABC Fine Wine & Spirits, Costco Wholesale, Lidl, Save Mart, Staples, Versona, Wawa and Whole Foods Market. In light of these updates, our 2023 US store closure and opening counts stand at 3,892 and 4,962, respectively.

The charts below depict the week-by-week totals of US store closures and openings year to date in 2023 and 2022. For year-over-year comparisons, we are comparing closures and openings up to week 40 of 2023 and 2022, ended October 6, 2023, and October 7, 2022, respectively. Year to date in 2023, major US retailers have announced 8.8% more openings and 77.2% more closures compared to the same time last year.

2023 US Announced Store Closures and Openings: Week-by-Week Comparison

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ABC Fine Wine & Spirits Opens One Store

Wine and alcohol retailer ABC Fine Wine & Spirits has closed one store year to date and opened one store in Boynton Beach, Florida, on September 28, 2023. The company operates 125 stores as of October 6, 2023.

Lidl Opens One Store

Discount grocery chain Lidl opened one store in Vienna, Virginia, on October 4, 2023. The opening takes the company’s US store count to 173.

Macy’s Announces Store Expansion Plan

Department store and beauty retailer Macy’s plans to open 30 small-format Macy’s stores in the next 18 months, starting from 2024. The company operates 506 Macy’s stores as of October 6, 2023.

Save Mart To Close One Store

Grocery retailer The Save Mart Companies has closed one Save Mart store year to date and plans to close one Save Mart store in Tahoe City, Nevada, on October 18, 2023. The closure will take its Save Mart store count to 79.

Staples To Close One Store

Office supply company Staples plans to close one store in Seattle, Washington, on November 17, 2023. The closure will take the company’s store count to 1,296.

Toys“R”Us Announces Store Expansion Plan

Toy retailer Toys“R”Us plans to open 24 stores in the US in 2024. The company also plans to open a store in Dallas Fort Worth International Airport, Texas, in 2023. The one opening for 2023 has been tracked previously.

Versona Opens One Store

Women’s apparel and accessories retailer Versona has closed 30 stores year to date and opened one store in The Woodland Mall in Kentwood, Michigan, on September 28, 2023. The company operates 102 stores as of October 6, 2023.

Wawa Closes One Store

Convenience store chain Wawa closed one store in Hillsborough, New Jersey, on October 2, 2023. The closure takes the company’s store count to 1,026.

Whole Foods Market To Open One Store

Amazon-owned grocery retailer Whole Foods Market has closed one store and opened three stores year to date and plans to open one store in Jersey City, New Jersey, in November 2023. The openings have been tracked previously. The company operates 530 stores as of October 6, 2023.

Quarterly Store Openings/Closures Settlement

Costco Wholesale Provides Store-Count Update

Warehouse club Costco Wholesale opened five stores in the US in its fourth quarter, ended September 3, 2023. The company plans to open nine stores in the US in its first quarter, ending early December 2023. This update takes the company’s estimated calendar 2023 opening count to 18. The company operates 591 stores in the US as of September 3, 2023.

Non-Store-Closure News

Kohl’s Appoints New Senior Executive Vice President, Director of Stores

Department store chain Kohl’s appointed Fred Hand as its new Senior Executive Vice President, Director of stores, in September 2023. Hand most recently served as the CEO of Tuesday Morning from May 2021 to November 2022.

2023 Major US Store Closures and Openings