Retailers in the U.S. faced a challenging year in 2024. By year-end, the sector will have recorded 7,327 store closures, a 57.8% increase compared to the previous year, according to Coresight Research. Meanwhile, 5,919 openings were announced, reflecting a modest 8.2% bump.
Retailers in the U.S. faced a challenging year in 2024. By year-end, the sector will have recorded 7,327 store closures, a 57.8% increase compared to the previous year, according to Coresight Research. Meanwhile, 5,919 openings were announced, reflecting a modest 8.2% bump.Read more…