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Retail Shakeup: 5,500 New Stores Amid 7,900 Closures

2/3/2026

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Story summary
  • Coresight Research projects U.S. store openings in 2026, led by value retailers.
  • Retailers are expected to close about 7,900 stores in 2026, a 4.5% decline from 2025, and open about 5,500 new locations, up 4.4%, with Saks Global and LKM Convenience filing for bankruptcy this year.
  • GameStop and Francesca's are among major closures.
  • Affluent consumers have maintained spending despite inflation.
  • Experts warn of tightening real estate demand as store construction costs rise.