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.
Coresight Research is forecasting about 15,000 store closures in 2025, up from 7,325 in 2024. That forecast includes hundreds ...
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 ...
Last year was marked but a large number of retail store closings and it appears that trend will continue in 2025.JCPenny is ...
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 ...
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