Story perspectives
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.
