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Retail Store Openings and Closings November 2018

Posted: Dec 14, 2018

As would be expected this time of year leading into the holidays, store opening and closing numbers from Chain Store Guide saw a dramatic decrease in both categories. November only saw 138 new store openings, which closing dropped to 78 for the month nationwide. This data shows a net gain of 60 new retail stores.Viewing results from a geographic perspective, the states...Read more

Retail Store Openings and Closings September 2018

Posted: Oct 16, 2018

September store opening and closing numbers from Chain Store Guide saw another explosion of new store openings, driven by retail chains such as "category killer" retailers as well as "home and hardware" stores.  While August saw 1,425 new store openings, September was down just a bit with 1,023 new store openings. Store closures rose a bit, coming from 154 in August to 449...Read more

Retail Store Openings and Closings August 2018

Posted: Sep 13, 2018

August store opening and closing numbers from Chain Store Guide saw an explosion of new store openings, driven by retail chains such as auto parts retailers as well as "dollar" stores.  While July saw 2,804 new store openings, August was down just a bit with 1,425 new store openings. Store closures had again remained constant, dropping slightly from 227 in July to 154...Read more

Retail Store Openings and Closings July 2018

Posted: Aug 10, 2018

July store opening and closing numbers from Chain Store Guide saw an explosion of new store openings, driven by companies getting into the business of renting tools and equipment.  While June only saw 92 new store openings, July was much more favarable with 2,804 new store openings. Store closures had remained virtually constant, rising slightly from 222 in June to 227 in July....Read more

Retail Store Openings and Closings June 2018

Posted: Aug 03, 2018

June store opening and closing numbers from Chain Store Guide shows a continued slowdown in store openings.  In May we saw 623 new store openings while in June we saw this number drop to 92 new store openings. Store closures had a decrease from 369 in May to 222 in June. This data shows a net loss of 130 new retail stores.Viewing results...Read more

Retail Store Openings and Closings May 2018

Posted: Aug 03, 2018

May store opening and closing numbers from Chain Store Guide shows a continued slowdown in store openings.  In March we saw 1,551 new store openings, April we saw this number drop to 854, and in May the number dropped to 623 locations. Store closures continue to increase in May; while there were 62 in March and 132 in April, there were 369 closures in May,...Read more

Retail Store Openings and Closings April 2018

Posted: Jun 01, 2018

March store opening and closing numbers from Chain Store Guide shows a slowdown in store openings.  In March we saw 1,551 new store openings while in April we saw this number drop to 854 new store openings. Store closures had an increase from 62 in March to 132 in April. For April we saw a net gain of 722 stores, down from March when...Read more

Retail Store Openings and Closings March 2018

Posted: May 04, 2018

March store opening and closing numbers from Chain Store Guide shows a significant gain in store openings.  In February we saw 297 openings and in March we saw this number jump to 1551. Store closures have remained low from 17 in February to slightly increasing in March to 62. For March, we saw a 1489 net gain of stores up from the 280 net gain...Read more

Retail Store Openings and Closings April 2016

Posted: May 18, 2016

April store openings and closings numbers from Chain Store Guide shows a significant drop in store closings.  In March we saw 714 closures and in April we saw this number drop to 78. New store openings in March were 15 and stayed relatively unchanged with 25 in April. For April, we saw a 53 net loss of stores down from the 699 net loss we...Read more

Retail Store Openings and Closings March 2016

Posted: May 10, 2016

March store openings and closings numbers from Chain Store Guide shows a significant jump in store closings.  In February we saw 41 closures and in March the number skyrocketed to 714. New store openings in February were 11 and stayed relatively unchanged with 15 in March. For March, we saw a 699 net loss of stores up from the 30 net loss we saw in...Read more

Retail Store Openings and Closings February 2016

Posted: May 05, 2016

February store openings and closings numbers from Chain Store Guide shows little activity.  In January we saw 274 store closings and in February we saw a significant drop to 41. New store openings in January were 15 and stayed relatively unchanged with only 11 in February. For February, we saw a 30 net loss of stores down from the259 net loss we saw in...Read more

Retail Store Openings and Closings January 2016

Posted: Feb 25, 2016

January store openings and closings numbers from Chain Store Guide shows lopsided counts. In January we saw only 15 store openings and 274 store closings.  For January, we saw a 259 net loss of stores.Viewing results from a geographic perspective, the Pacific and Midwest regions saw the most store openings and the Northeast had the most store closings.  The Rocky...Read more

Retail Store Openings and Closings November 2015

Posted: Dec 15, 2015

November store openings and closings numbers from Chain Store Guide shows a significant increase in store closings. In October we saw 508 store closings and in November we saw 1546. New store openings in November we saw 66, a decrease when compared to the 106 we saw in November.  For November, we saw a 1480 net loss of stores up from the 402 net loss...Read more

Retail Store Openings and Closings October 2015

Posted: Nov 24, 2015

October store openings and closings numbers from Chain Store Guide shows a slight increase in store closings. In September we saw 412 store closings and in October we saw 508. New store openings in October stayed relatively unchanged at 106 when compared to the 119 we saw in September. For October, we saw a 402 net loss of stores.Viewing results from a geographic perspective,...Read more

The Buzzword You Need to Incorporate into Your Selling Strategy

Posted: Nov 17, 2015

“Clienteling”—This term has evolved from the process one would go through when working with customers or clientele to describing initiatives or programs (manual or software-based) that focus on these activities. Basically, it’s how to better serve your customers by concentrating on highly personalized service established over time through a learning relationship.The three things...Read more

Holiday Shopping Insights

Posted: Nov 10, 2015

The holiday shopping break-out continues as we try to drill down to the nitty-gritty on consumer and retail shopping strategy.You’d expect to see the big-box stores and retailers start their big holiday pushes now, but what about the smaller local retailers? A study by G/O Digital, which polled more than 1,000 U.S. consumers, showed that small...Read more

Tackling Organized Retail Crime

Posted: Nov 03, 2015

The National Retail Federation’s Organized Retail Crime survey was conducted July 13 to Aug. 6, 2015.  Sixty-seven retailers completed the survey with the purpose of identifying the scope of organized retail crime throughout the entire retail industry. Participant stores included department/big box; discount; drug; grocery; restaurant, and specialty retailers.Nearly all (97%) retailers surveyed reported that they have been a...Read more

Why Shoppers Prefer Bricks-and-Mortar

Posted: Oct 27, 2015

We can’t stress enough the importance of brick-and-mortar to the shopping public. Of course, shopping online offers consumers the perks of convenience that in-store buying doesn’t. At the beginning of the year, PwC’s Annual Consumer Survey found that 56% of respondents were most likely to purchase products online instead of in person because of lower...Read more

Preventing Lost Sales

Posted: Oct 20, 2015

According to a recent report from retail analyst firm IHL Group, retailers worldwide lose a staggering $1.75 trillion annually due to overstocks, out-of-stocks and needless returns. IHL’s research indicates the leading causes of out-of-stocks are:• Empty Shelves ($238.1 billion) • Inability to find help ($120.8 billion) • Price/offer didn’t match ad ($74.1 billion) • Staff couldn’t...Read more

Retail Store Openings and Closings September 2015

Posted: Oct 20, 2015

September store openings and closings numbers from Chain Store Guide shows a continuing drop in store closings. In September we saw 412 store closings, down from the 569 store closings we saw in August and 1523 in July. With new store openings at 119, we saw a 293 net loss of stores in September.Viewing results from a geographic perspective, the Midwest region saw the...Read more

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