Wednesday, May 29, 2019

Dressbarn, CVS, Pier 1 and Topshop shuttering stores, pushing planned closures to 7,150

CNBC
The store closures just keep coming, from Dressbarn, CVS, Party City, Pier 1 Imports and more.

Already, more than 7,150 store closures have been announced by U.S. retailers in 2019, according to Coresight Research. And it’s not even June. Last year, Coresight tracked 5,524 store closures, down more than 30% from an all-time record 8,139 closures announced in 2017. Meanwhile, Coresight has tracked 2,726 store opening announcements so far this year.. . . more