RETAIL STORE OPENINGS AND CLOSINGS DECEMBER 2018

December store opening and closing numbers from Chain Store Guide saw an explosion of new store openings. There were 524 openings in December, which there were only 121 closings. That nets out to an additional 400 new retail stores in the marketplace!

Viewing results from a geographic perspective, the states that saw the most store openings was Texas with 56, California with 29, and Pennsylvania & Florida tied with 24. The states that saw the most store closings were Missouri with 12, Massachusetts with 11, and Georgia with 10.

Let’s take a closer look.

Openings – 524 Total

Auto Aftermarket Retailers 42
Book Stores 7
Building Products Distribution 16
Consumer Electronics 55
Discount Department Stores 40
Drug Store and HBC Chains 102
General Merchandise Stores 159
Home Centers & Hardware Chains 17
Pet Stores 13
Specialty Retail/Service Retailers 41
Sporting Goods Retailers 9
Supermarket Chains 14
Toy/Hobby/Craft/Fabric Retail 9

While there are too many chains to list them all, the higher number of openings in December belong to:

Dollar General 110
CVS 43
Walgreens 41
Tesla 38
Family Dollar 30
Sprint Store 26
The Pep Boys Super Center 22
Sprint 20
O’Reilly Auto Parts 15
Rite Aid 14
Target PFresh 12
Fred Meyer 11

Closings – 121 Total

ABuilding Products Distribution 8
Consumer Electronics 1
Drug Store and HBC Chains 55
General Merchandise Stores 19
Home Centers & Hardware Chains 4
Houseware/Giftware 2
Supermarket Chains 32

While there are too many individual store names to list, December closures included:

Rite Aid 39
Dollar General 19
Save-A-Lot 7
Red Cross Pharmacy 7
True Value Hardware 5
Winn-Dixie Marketplace 5
Medicine Shoppe 4
AC Value Center 3
CVS 2

Stay tuned for next months wrap up of store opening and closing activity!  Keep up with the movers and shakers in the industry.

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