Retail Store Openings and Closings November 2018

Posted: December 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 that saw the most store openings was New York with 30, Michigan with 18, and Missouri with 15. The states that saw the most store closings were New York with 14, Illinois with 7, and Michigan/Florida were tied with 5.

Let’s take a closer look.

Openings – 138 Total

Card/Gift/Novelty 42
Discount Department Stores 4
Drug Store and HBC Chains 2
General Merchandise Stores 6
Home Centers & Hardware Chains 8
Office Products/Stationery 3
Sporting Goods Retailers 5
Supermarket Chains 68

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

Best Yet Market 2
Blain’s Farm & Fleet Inc. 6
Camping World Holdings 5
Designer Greetings Inc. 42
Discount Drug Mart Inc. 2
Extreme Retail (Canada) Inc. 6
Fresh Thyme Farmers Market 2
Grocery Outlet Inc. 1
Handelsman Inc. 8
Jerry’s Enterprises Inc. 3
Kmart 4
Lucky’s Market, LLC. 1
Maynard’s Food Center 1
Niemann Foods Inc. 31
Office Depot Inc. 3
Orscheln Farm & Home LLC 2
Richard’s Foodporium 1
Schnuck Markets Inc. 17
The Kroger Co. 1

Closings – 78 Total

Building Products Distribution 1
Card/Gift/Novelty 1
Consumer Electronics 5
Discount Department Stores 2
Drug Store and HBC Chains 7
General Merchandise Stores 13
Home Centers & Hardware Chains 1
Houseware/Giftware 1
Pet Stores 3
Sporting Goods Retailers 2
Supermarket Chains 41
Toy/Hobby/Craft/Fabric Retail 1

While there are too many individual store names to list, 21 of the closures were from Big Lots and Tops. Here are some other notables:

Academy Sports & Outdoors 1
Albertsons LLC 1
AT&T Inc. 2
Big Lots Stores Inc. 11
Costco Wholesale Corp. 1
Dollar Tree Stores Inc. 2
Gander Outdoors 1
Party City Holdco Inc. 1
PETCO Animal Supplies Inc. 2
Rite Aid Corporation 3
Tops Markets LLC 10
Williams-Sonoma, Inc. 1

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