After three years of retailers announcing plans to open more stores than they closed, retailers reversed course this year and have now said they plan to close nearly 2,000 more stores than they expect to open.
US store growth projections turn negative as retailers announce more closings than openings
Sharp increase in plans to vacate space should help clear backlog of underperformers
By Brandon Svec
CoStar Analytics
December 16, 2024 | 8:16 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In