Planned Store Openings Are Outpacing Closures This Year — Here Are the Retailers Debuting New Locations

Following a year of record store closures amid the coronavirus pandemic, some retailers are now hatching big plans to expand their brick-and-mortar footprints in the United States.

According to a recent study by Coresight Research, U.S. retailers have announced a collective 3,344 store openings for 2021, or about 39.5% more openings than announced at the same point in 2020. That number also eclipses the 2,649 store closures announced so far this year.

Comparatively, last year saw the permanent shutdowns of 8,953 retail outposts — nearly triple the 3,307 new locations tracked by the market research firm for the year...
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RSK: Some good news on the horizon for retailers and consumers alike.