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BFD Expert Voices - Retail Deals

BFD Expert Voices

Store openings will likely outpace store closings for a third consecutive year as 2024's midpoint approaches, per data provided by Coresight Research.

Why it matters: New locations are an indicator of the industry's overall health.

Store openings on track to exceed store closings

Dollar store retailers lead both openings and closings, according to Coresight Research.

Illustration of a strip mall dominated by Dollar General signs

Dollar General is projected to open 819 locations this year, the most of any retailer. Illustration: Sarah Grillo/Axios

Retail

Store <a class="gtmContentClick" data-vars-link-text="openings" data-vars-click-url="https://www.axios.com/2024/02/01/walmart-stores-expansion-150-new" data-vars-content-id="9082ddd3-86f8-405d-9a26-5cd4e46f696a" data-vars-headline="Store openings on track to exceed store closings" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/2024/02/01/walmart-stores-expansion-150-new" target="_self">openings</a> will likely outpace store closings for a third consecutive year as 2024&#x27;s midpoint approaches, per data <a class="gtmContentClick" data-vars-link-text="provided by Coresight" data-vars-click-url="https://coresight.com/retail-store-tracker/" data-vars-content-id="9082ddd3-86f8-405d-9a26-5cd4e46f696a" data-vars-headline="Store openings on track to exceed store closings" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://coresight.com/retail-store-tracker/" target="_blank">provided by Coresight</a> Research.Why it matters: New locations are an indicator of the industry&#x27;s overall health.

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Store openings on track to exceed store closings

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