US Retailers have already announced 1,768 store openings for this year.
Projected new openings for 2022 are looking good for discount retailers in particular: Dollar General is planning to open 1,110 new stores this year (and 1,000 new Popshelf concept stores by the end of FY 2025), while off-price retailer Burlington Stores will add 120 new locations, and TJX Companies (parent of TJ Maxx, Marshalls, and Home Goods) expects to expand its retail footprint by 170 stores.
Closings so far in 2022 are at 732. Bed Bath and Beyond announced 37 stores closing, while Macy's confirmed a 3 year plan to close 125 stores. CVS has announced 300 store closings for 2022.
Source: Coresight for Retail Brew
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