US store closures surpassed 9,300 in 2019, while retailers announced more than 4,000 store openings for the year. RIS reviews the latest news in retail openings and closures, from New York & Company to Dollar General.
CVS plans more store closings and has gained supporting metrics to its “rapid rollout” of 1,500 HealthHubs concept stores. Uncover the drugstore chain’s latest retail footprint plans and updates to its digital transformation.
“Given the headwinds facing many retailers in today's environment, it made it very difficult for us to operate and compete on a National level,” A.C. Moore CEO Anthony Piperno commented. Find out More.
Announced store closures have already exceeded the total for 2018 and already in July there have been announcements from Fred’s, Charming Charlie, and Dressbarn and more. Review the latest in retail store closings for 2019.
A common thread among today’s successful retailers are stores with fast, convenient, omnichannel services. Find specific smart store technologies and strategies to implement in this Targeted Research report.
The openings mark the first time in the retailer’s 81-year history that it opened four stores in a single day. See where the retailer is expanding its holdings as well as the impressive brick-and-mortar expansion it completed this year.
When Pier 1 releases its third-quarter stats next week the retailer is expected to announce significant store closings as well as continued financial under-performance. Hear the latest on the struggling home good retailer’s future.