Read more."/> Read more."/> US retailers have announced twice as many store openings as closings

US retailers have announced twice as many store openings as closings

2021-10-15

Though the pandemic has continued to present major challenges, it has been a banner year for store opening announcements by US retailers, who saw roughly 5,725 store opening announcements year-to-date through calendar third quarter 2021, according to The Daily on Retail. This is nearly double the 2,890-plus store closing announcements over the same period and highlights retailers' optimism and their recognition of the importance and longer-term benefits of physical stores. Read more.

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