According to the survey, a record 15,000 chain shops, which are recorded throughout the United States, will be closed this year, which is more than twice as much as last year, and the rapidly growing online retailers are major factors. It is.
According to CoreSight Research's “Store Tracker Us Store Opens and Closers 2024 and 2025”, 2,041 stores were closed or part of the closing announcement in the third week of the New Year. On the other hand, the same period of the previous year was only 470 stores. Outlook was released on Thursday.
Retailers who have announced the most closing of the year so far include Party City, Big Lots, Walgreens Boots Alliance, Seven -Eleven and Macy's.
According to the report, some traditional retailers are being beaten by rapidly growing competitors, and those companies are from overseas.
According to the report, Temu -based in China, which sells a wide range of consumers, and SHEIN, based in Singapore, known for fast fashion, are further expanded to automobiles, homes, and pets categories, making them bigger. It is expected to be.
According to the SHEIN website, some apparel products are sold for only $ 2.
“Tem and Shain are the biggest names here, and the global sales in 2024 will be about $ 100 billion,” said John Mercer, a core site.
With the fact that consumers have become more and more attention in electronic commerce, the increase is increasing.
According to the report, online shopping increased to 23.1%of all retail sales in 2025, as shoppers are dissatisfied with retail stores that are often out of stock or do not provide good experiences. It is expected to increase by 8.3%from last year.
According to a statement, Deborah Wine Swig, CEO, said in a statement that consumers said, “I want the best prices, but are not always organized, have been out of stock, and have been out of stock, and customer service. I can't stand poor stores. ”
In 2024, about 1,754 discount chains, including Big Rots, Family Dollar, and 99 cents, accounted for nearly 25% of the US closed stores, accounting for the highest percentage of the closed stores.
The discount store closed in 2023 was only 382.
The large number of stores that are expected to be this year will be the largest number of stores in 2019, which were recorded in 2019, and the core site began tracking data in 2012.
The number of bankruptcies in the 2024 retail business was 51, containing a container store, Express, and a lou 21 for teen, twice as much as 2023.
“We are watching [the] Martar has now told the post paper, such as Big Lot and Party City, and the effects of closing programs from 2024, and Joan's mass closure, “Martar now.
Temu increased to 51.4 million users in January 2024 since the service started in September 2022. On the other hand, the number of SHEIN users increased from 20.9 million to 26 million in the same period. According to the Wall Street JournalData from the sensor tower is quoted.
Temu's rapid growth was promoted by aggressive marketing. According to the publication, the company has posted $ 2 billion in advertising in 2023 and became the largest spending on Facebook and Instagram.
SHEIN, on the other hand, has been reported that the profits of 2023 have increased more than $ 2 billion or more. According to the report of the Financial Times.
Private companies are notorious for being a secretism of major indicators that express their growth. According to reports, Shaane was hoping to listen in the United States, but is now aiming to list on the London Stock Exchange.
