In 2021 major U.S.-headquartered retailers announced more than 8,100 new store openings, according to National Retail Federation.
The announced openings are more than double the number of closing announcements, which totaled roughly 3,950.
About 47 percent of all opening announcements last year, more than 3,840-plus stores, were for dollar-store, discount, off-price and warehouse-club spaces.
CVS and specialty apparel/footwear retailers announced the most closings in 2021. CVS announced the planned closing of about 900 stores during the next three years, or 9 percent of its current footprint of 9,900-plus stores, and management said it would begin the store-closing program in the spring of 2022.
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