But the outlook isn’t all bad as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.
If this estimate is accurate, it will be significantly higher than last year, as "store closures totaled 7,325 in 2024, the ...
In fact, closures are expected to skyrocket. U.S. store closures totaled 7,325 in 2024, according to data collected by Coresight Research, a research firm specializing in retail and technology ...
The retail sector has been deteriorating over the last two years after recovering from the Covid-19 pandemic when retailers ...
Deborah Weinswig, CEO Coresight Research, joins Lisa Dent to talk about why stores are closing and if we could see more close in the future.
According to a January report from Coresight Research, a total of 15,000 stores could close across America this year. That’s ...
Just a month and a half into the new year, several companies with brick-and-mortar presences have planned sweeping 2025 ...
Issues faced by retail stores in 2024 have extended into 2025, with a slew of closures in sight for the new year.
About 15,000 retail stores are expected to close this year, according to data from retail analysis firm Coresight Research. If this estimate is accurate, it will be significantly higher than last ...