Retailers Now Opening More Stores Than They’re Closing

U.S. retailers have announced more store openings than closures so far this year: 3,199 openings versus 2,548 closings, according to retail data specialist Coresight Research. If the trend holds throughout the year, that will represent a complete turnabout from 2020, when the coronavirus pandemic and other factors drove more than 8,950 closures but only a shade less than 3,300 openings nationwide.

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