So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that ...
Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight ...
The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.
Experts say the rise in store shutterings is driven by rising online retail sales and consumers converging on big ...
Store closures in the U.S. are expected to double by 2025, driven by inflation and a shift toward online shopping, according ...
Following a raft of stores closures in 2024, Coresight Research predicts that closures will escalate this year, to approximately 15,000.
Retail store closures surged in 2024, reaching their highest levels since the start of the pandemic, a new study said.A total ...
Store closures in the US reached a post-pandemic high last year and are expected to double in 2025, according to Coresight Research. The firm said closures last year totaled 7,325, the highest mark ...
Coresight Research expects some 15,000 locations to shutter in 2025, with plans already up well over 300% year over year.
The prediction represents a spike in retail closings from 2024, but store openings will remain constant at 5,800.