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 ...
The retail sector has been deteriorating over the last two years after recovering from the Covid-19 pandemic when retailers ...
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 ...
A wave of retail closures is hitting our area, and more businesses face the tough decision of shutting their doors or ...
Issues faced by retail stores in 2024 have extended into 2025, with a slew of closures in sight for the new year.
Just a month and a half into the new year, several companies with brick-and-mortar presences have planned sweeping 2025 ...
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 highest number since it recorded 10,000 ...
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 ...