Monday, August 17, 2026

STORE OPENING/CLOSING ANALYSIS

So far this year, US retailers have announced plans to open/close ~3,975/~3,485 stores by our analysis, which covers all sectors except auto retail and excludes opening/closing announcements that were made in 2025 and prior but will carry over into 2026 and beyond.

The numbers this time last week were ~3,930/~3,480, and this time last year we tracked ~3,500/~4,120 YTD announced openings/closings.

For all of 2025, we tracked ~5,525 announced store openings, down 20% from 2024, and ~4,820 announced store closings, down 45% from 2024.

Note that openings/closings are specific numbers that have been announced, not completed, and could extend over several years.

Also note we include select non-US retailers (e.g. ALDI, POP MART, Lululemon) in our totals and small numbers of openings/closings if it's a significant development (e.g. digitally-native brands opening their first stores, highlighted below with an asterisk*), that we don't count concessions, pop-ups, seasonal stores, pilots, JV/partner-operated stores, acquired stores, or conversions, and that our closing tally excludes closings that are part of an ongoing business plan.

Latest Store Opening Announcements: Fabletics (digital native, activewear) has opened 12 new US stores since the beginning of the year, now has 135+ stores globally, and is planning to open 25 more US stores and 20 new international stores in countries including India, Mexico, Peru, Colombia and the UAE over the next 12 months acc'd to CEO Adam Goldenberg, who told Bloomberg recently the brand is holding off on China for now.

We previously had Fabletics opening 40 stores on a base of 120 and are now showing 45 new store openings on a base of 135+ and note the company's store expansion program is part of a plan to double annual revs to $2B within five years.

Grocery Outlet reported 2Q26 results last week and reaffirmed plans for 30-33 net new stores excluding the recent closing of 36 underperforming stores as part of an Optimization Plan, and Bealls, which has 660+ stores in 22 states and has an off-price/value focus, announced plans to open 25 new stores across 12 states this fall and in spring 2027, and will open its first stores in Michigan, where five are planned, with an average new store size of 20,800 sf.

Meijer, which is privately owned and has 500+ stores across the Midwest under a few different formats, will open a new 75K sf Meijer Grocery Store in Fishers, IN at the end of September, location is 15700 Southeastern Parkway, will be the second Meijer Grocery in Indiana, and the company also said it will open a 159K sf supercenter in Plymouth, MI on 9/30/26.

We previously has Meijer opening ~5 new stores and are taking our total to ~10.

Indochino, a digitally native, made-to-measure menswear retailer with 90+ showrooms in the US and Canada, plans to open 10 new <1K sf showrooms across the US, including six in early-2027 in Cherry Hill, NJ, Columbia, MD, Ross Park, PA, Brea, CA, Roosevelt Field, NY, and Boca Raton.

Also last week, Purple reported a weak overall 2Q26 and said it opened one new showroom in the quarter and plans to open another five showrooms this year vs. an original plan of seven new stores for the year, so we are trimming our number by one.

Latest Store Closing Announcements: Fossil reported 2Q26 results last week and said it closed six stores in the quarter and expects to end the year with 178 stores globally.

We previously had Fossil closing 15 of 199 stores and are now showing 21 closings to get to the 178 total stores at year-end.