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US dealers already announced 6,000 store rods this year. It's more than last year

This year, US dealers have announced that 5,994 stores will close. This figure already exceeds a total of 5,864 final announcements last year, according to a recent report by Coresight Research.
Payless, Gymboree, Charlotte Russe and Shopko have all filed for bankruptcy this year and will close a total of 3,720 stores, according to reports. The majority of these are due to Payless, which was filed for its second bankruptcy in February and said when it was about to close 2100 stores in the United States.
Other Dealers, for example Family Dollar, GNC ( GNC ) Walgreens ( WBA ) Signet Jewelers ( SIG ) Victoria's Secret and JCPenney ( JCP ) are struggling and shrinking their store footprints to Save Money.

Family Dollar will close 359 stores this year, while Signet Jewelers, Kay's parent company, Jared and Zales, will close 1[ads1]59.
Even thriving dealers like Target ] and Walmart ( WMT ) closes quietly a handful of their stores – though these companies open something too. and ) and 19659004] ( M ) fights a few stores each.

Thousands more stores can be closed in the coming years, as online stores replace purchases at physical stores.

"Flooding of store closures will probably continue for a while," said Coresight Research CEO Deborah Weinswig.

  Hundreds of old Sears stores are empty. Amazon and Whole Foods can move in

Online sales account for about 16% of the retail market today, but they will rise to 25% by 2026, estimated UBS analysts in a research report last week.

It could force up to 75,000 stores to close by 2026, including more than 20,000 clothing stores and approx. 10,000 consumer electronics stores, UBS estimates. Thousands of home furnishings and sports goods stores also need to be closed as the online store grows rapidly.

Some retailers open stores. The Coresight report noted that this year, retailers have announced that they will open 2,641 stores. Especially the discount sector is growing: Dollar General announced it will open 975 stores this year.
Meanwhile, eccentric discount chains like Ollie's Bargain Outlet ( OLLI ) Five under ( FIVE ) ] Expanding. Discount stores Aldi and Lidl also plan to open hundreds of stores in the US to reach customers who shop for cheap groceries.

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