Store openings in the U.S. are expected to rise and store closures fall in 2026 compared to 2025, with value retailers leading the growth, per Coresight Research. Retailers are projected to close 7,900 stores, down 4.5%, and open 5,500 new stores, up 4.4%. Dollar General, Aldi, and Tractor Supply lead in planned openings. GameStop, Francesca’s, and Walgreens lead in planned closures.

John Mercer of Coresight anticipates an incremental improvement in the retail real estate sector in 2026, with some economic factors easing. Department stores and legacy retailers are reducing store counts, while discounters and warehouse clubs are expanding. Major closures include GameStop, Francesca’s, and Amazon’s Fresh and Go locations being converted to Whole Foods.

Last year saw 8,270 store closures, down from previous years, with affluent Americans supporting retail spending. Bankruptcies drove much of the downsizing, with 32 retailers filing. Rite Aid, Joann, Party City, Big Lots, Walgreens, and CVS Health were among those shuttered stores. The K-shaped economy saw varying consumer spending trends.

Luxury department store Saks Global and LKM Convenience have already filed for bankruptcy in 2026. Retailers opening in 2026 secured real estate deals in 2024 when ample space was available due to bankruptcies. Real estate supply may tighten as bankruptcies slow, posing a challenge in 2029 and 2030. Retailers face competition for space from food concepts and fitness studios.

Developers may increase strip mall construction if labor and borrowing costs stabilize. Retailers must offer unique in-person experiences to complement e-commerce. AI chatbots challenge retailers to provide convenience, immediacy, and experiential offerings in brick-and-mortar stores. Building brand value and differentiation are crucial in the evolving retail landscape.

Read more at CNBC: Store openings and closures 2026: Dollar General, Aldi, GameStop