Dollar Tree, Abercrombie & Fitch and Charlotte Russe: Store closures announced this year climb to 4,810
The pace of retail store closure announcements didn't slow down much this week, following a brutal last week for malls and shopping centers across the U.S.
Taken together, as of this Friday, Just a week ago, that tally was at 4,309. Meanwhile, Coresight said it's tracked about 2,264 store openings so far in 2019, including some by fitness brand Peloton, Ulta Beauty, online apparel company Indochino and Ross Stores. To keep their properties attractive despite the headwinds, some mall owners are getting creative by building out spaces that allow for a handful of brands, many of them born on the internet, to share a store and sell there for a shorter duration of time, rotating in and out. The third biggest mall owner in the U.S., Macerich, has a business doing this called BrandBox.
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