Store openings in the U.S. are projected to increase while closures are expected to decrease in 2026, according to Coresight Research. The firm estimates that approximately 5,500 new stores will open, marking a 4.4% rise from the previous year, while around 7,900 stores are anticipated to close, a 4.5% decline year-over-year. This decrease represents the lowest number of closures in the past three years.
Dollar General, Aldi, and Tractor Supply are leading the way with the highest number of planned openings, whereas GameStop, Francesca’s, and Walgreens are among those facing significant closures. John Mercer, head of global research at Coresight, noted that while economic pressures, such as high inflation and a slow housing market, are likely to ease, the changes in retail real estate reflect only a modest improvement compared to 2025.
The retail landscape continues to evolve, with value retailers gaining prominence as traditional department stores contract. While Bankruptcies in 2024 led to significant downsizing, last year saw 32 retailers file for bankruptcy, including prominent names like Rite Aid and Party City. Notably, both Saks Global and LKM Convenience have filed for bankruptcy this year.
In addition to closures, retailers are grappling with a tightening commercial real estate market, driven by a slowdown in new construction. As labor costs and interest rates remain high, competition for retail space is intensifying, particularly from expanding food and fitness brands.
To remain relevant, brick-and-mortar stores must leverage in-person experiences and provide efficient services that complement their online offerings, according to Mercer. He emphasized that physical locations can enhance brand value, differentiating retailers in a competitive market.
– Why this story matters: The trends in store openings and closures reflect shifting consumer habits and economic conditions.
– Key takeaway: Value retailers are expanding while traditional ones face challenges, indicating a transformative period in the retail sector.
– Opposing viewpoint: Some may argue the growth of value retailers could undermine traditional retail’s long-term viability.
