Reasons to Read

Discover which retailers are behind the rise in US store closures in 2025—and which ones have continued to expand.

Read this report to discover answers to these and other questions:

  • Which retailers led the latest closures and openings across the US?
  • How do store closure and opening trends in 2025 compare with those in 2024, and what do these findings indicate?

Companies mentioned in this report include: Annie’s Ibiza, Bass Pro Shops, Carter’s Inc., Daiso, H Mart, Hestra, Hitchcock’s Markets, Hobby Lobby, New Balance, Tori Richard and Tractor Supply Company.

Data in this report include: weekly totals of US store closures and openings for 2025 and 2024; retailer-level breakdowns of announced versus confirmed closures/openings; total store counts by retailer; total US retail bankruptcies year to date.

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Reasons to Read

Our Sector Focus data graphics feature the latest survey findings on US retail sectors and categories. Dive into the US department store sector in this graphic.

Head to our US Consumer Survey Insights Databank for the full selection of data from our quarterly sector surveys.

Find our full selection of US Consumer Survey Insights reports and data graphics here.

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Reasons to Read

Uncover how retailers are navigating tariff risks, inventory divergence and digital transformation. 

Read this report to discover answers to these and other questions:

  • How are retailers like Ulta, Bath & Body Works, and Kohl’s adopting diverging inventory strategies in response to uneven demand and tariff pressures?
  • In what ways are tariff-driven cost timing and accounting methods distorting reported margins at companies such as Costco and Williams-Sonoma?
  • Why are value-led and club formats like Dollar Tree, Walgreens Boots Alliance, and Costco outperforming peers on inventory turnover?
  • How are early receipts and digital tools—including AI-based replenishment—shaping inventory visibility and seasonal readiness for players like Gap, Walmart, and Urban Outfitters?

Companies mentioned in this report include: Abercrombie & Fitch, Aritzia, Bath & Body Works, Best Buy, BJ’s Wholesale, Costco, CVS Health, Dollar Tree, Five Below, Gap, Home Depot, Kohl’s, Lowe’s, Macy’s, Ross Stores, Target, TJX Companies, Ulta Beauty, Urban Outfitters, Walgreens Boots Alliance, Walmart, Williams-Sonoma and more.

Data in this report include: US retail sales growth by month; inventory turnover ratios by retailer and sector; year-over-year changes in inventory values; and commentary on strategic inventory actions across leading US retailers.

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Reasons to Read

Kohl’s and Macy’s are the two biggest names in the US department store sector. As part of the Head-to-Head series from Coresight Research, we provide insights into key elements of the businesses of Kohl’s and Macy’s, including their revenue and margin growth in recent years, shopper profiles and respective brick-and-mortar and digital strategies.

Read this report to discover answers to these and other questions:

  • Why did Macy’s generate more than double the sales per store compared to Kohl’s—and how sustainable is that productivity gap?
  • Who shops at Kohl’s versus Macy’s today, including differences in age, income, and urban/suburban footprints?
  • Which retailer is winning digital and omnichannel—Macy’s or Kohl’s?
  • What do Macy’s “Bold New Chapter” store rationalization and Kohl’s recent closures mean for sales per square foot and market share through 2026?

Data in this research report include: US revenues for both Macy’s and Kohl’s (fiscal 2020–2024); operating margins for both companies (fiscal 2021–2024); proprietary survey data on who shops at Kohl’s and Macy’s.

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Reasons to Read

Discover how tariffs and inflation-driven shifts in sentiment and behavior are shaping the early weeks of the 2025 holiday shopping season.

Read this report to discover answers to these and other questions:

  • How is consumer sentiment diverging across income groups—and what does this mean for premium versus value retail performance?
  • What early signals are we seeing in holiday shopping behaviors and which retailers are winning early-season share?
  • Where are consumers shopping for holiday products and how are discount and convenience players performing?
  • What product categories are leading early holiday purchases, and what role is inflation playing in consumer choices?
  • Where are US consumers shopping for food and nonfood items and how is channel preference shifting?

Data in this research report include: Consumer sentiment by income and time; holiday purchase rates; top retailers for holiday shopping and holiday categories; and retailer and category-level shopping data.

Companies mentioned in this report include: Albertsons Companies, Amazon, Best Buy, Costco, Dollar Tree, eBay, Etsy, Family Dollar, Five Below, Gamestop, Hobby Lobby, Home Depot, JCPenney, Kohl’s, Kroger, Lowe’s, Macy’s, Old Navy, Ross Stores, Sam’s Cub, Sephora, Target, Temu, The TJX Companies, Ulta and Walmart.

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Reasons to Read

Understand how agentic commerce and specifically agentic shopping are emerging as a shopping channel ahead of holiday 2025 in this Presentation. Our team discusses how retailers can tap the new opportunities to sell via ChatGPT and place this in the context of the wider agentic commerce ecosystem.

In this presentation from an October 2025 Premium Subscriber Call, John Mercer, Head of Global Research, and John Harmon, Managing Director of Technology Research, cover:

  • Why Agentic Commerce—Holiday 2025 and Beyond
  • Agentic Shopping 101
  • What Retailers Can Do—Now and into 2026
  • The Agentic Commerce Future
  • Agentic Shopping Implications

Watch the analyst video that features this presentation here.

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Reasons to Read

Uncover toys and games shopping insights for holiday 2025. The data in this graphic are based on proprietary US consumer research.

Our Holiday Bites Data Graphics provide snapshots of consumer and retail data for holiday 2025.

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Reasons to Read

Understand how 800 million ChatGPT users are changing product discovery—and how retailers can make the most of it.

Read this report to discover answers to these and other questions:

  • How can retailers and marketplaces use the Agentic Commerce Protocol (ACP) to ensure their products are visible in ChatGPT search and Instant Checkout?
  • What makes Etsy a seamless on-ramp for arts and crafts sellers looking to tap into agentic commerce?
  • How does Shopify’s direct integration with ChatGPT benefit independent retailers and DTC brands—without extra setup?
  • In what ways is Salesforce enabling large retailers to quickly align with ChatGPT’s commerce engine through Agentforce Commerce?

Companies mentioned in this report include: Adobe, Commerce.com (BigCommerce), Etsy, OpenAI, Salesforce, Shopify, Walmart and WooCommerce.

Data in this report include: required attributes for ChatGPT product feeds; Etsy and Shopify integration timelines and eligibility; merchant setup and fee structures across platforms.

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Reasons to Read

Generative AI (GenAI) and agentic AI are transforming retail—reshaping how consumers shop and how retailers understand and serve demand. For years, Coresight Research has helped retailers navigate this transformation through its CORE framework for AI in retail. Now, that framework evolves again.

Introducing CORE 3.0, Coresight Research’s latest framework designed to help retailers adapt to—and lead in—the GenAI revolution.

The pace of change in retail is accelerating faster than the industry imagined. With GenAI’s rise, retailers face not just technological upgrades but a fundamental shift in how commerce operates. CORE 3.0 provides a roadmap for this new era—helping organizations rewrite their playbooks for agentic, intelligent commerce.

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Reasons to Read

Welcome to Analyst Corner! Every Sunday, a member of the Coresight Research team discusses upcoming or recent research and their thoughts on interesting topics in their area of expertise.

This week, John Harmon, Managing Director of Technology Research, explores the brave new world of shopping provided by AI (artificial intelligence)-powered chatbots, with in-platform checkout having become available just in time for this year’s holiday shopping season.

Analyst Corner also highlights our key research from the past week and upcoming reports to look out for, so you don’t miss out.

Other relevant research:

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Reasons to Read

Understand how a €4 billion partnership is reshaping luxury, beauty and wellness.

Read this report to discover answers to these and other questions:

  • How does the Kering–L’Oréal deal redefine the convergence of luxury, beauty and wellness through acquisitions, licenses and a new joint venture?
  • What is the projected impact of Creed and long-term licenses on L’Oréal’s luxury and fragrance divisions?
  • How does Kering’s divestiture sharpen its focus on fashion while maintaining exposure to the beauty sector?

Companies mentioned in this report include: Balenciaga, Bottega Veneta, Coty, Estée Lauder, Gucci, L’Oréal, Sephora, The House of Creed, Tom Ford Beauty.

Data in this report include: estimated revenue contributions of acquired beauty brands; projected growth in L’Oréal’s fragrance and luxury segments; breakdown of Kering’s divestiture impact on margin and capital allocation.

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Reasons to Read

Stay up to date on the latest changes in the UK retail store landscape, where new store openings continue to outpace closures in 2025.

Read this report to discover answers to these and other questions:

  • Which retailers have driven the increases in openings and closures this week, and what’s behind these moves?
  • Which brands are still growing their store networks despite challenging retail environment?
  • How do store openings and closures in 2025 compare with 2024, and what are the main trends driving the year-on-year shifts?

Companies mentioned in this report include: AllSaints, Anthropologie, Cardzone, Footasylum, Gap, Quality Discounts, Storrd, The Original Factory Shop, Urban Outfitters, Wickes and Yours Clothing.

Data in this report include: weekly totals of UK store closures and openings for 2025 and 2024; retailer-level breakdowns of announced versus confirmed closures/openings.

Other relevant research:

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Reasons to Read

Discover which retailers are behind the rise in US store closures in 2025—and which ones have continued to expand.

Read this report to discover answers to these and other questions:

  • Which retailers led the latest closures and openings across the US?
  • How do store closure and opening trends in 2025 compare with those in 2024, and what do these findings indicate?

Companies mentioned in this report include: Astrid & Miyu, Bambi Baby, Blundstone, The Card Vault, The Fresh Market, Hermès, L.L.Bean and Skims.

Data in this report include: weekly totals of US store closures and openings for 2025 and 2024; retailer-level breakdowns of announced versus confirmed closures/openings; total store counts by retailer; total US retail bankruptcies year to date.

Other relevant research:

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Reasons to Read

The Weekly US Consumer Sentiment Infographic series from Coresight Research provides a one-page data graphic on US consumers’ sentiment toward personal financial prospects and economic prospects.

Data in this infographic are:

  • US consumers’ expectations for the economy overall and for their own personal financial situation over the next 12 months—the latest six months of weekly trend data
  • Selected callouts on key changes and data points

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Reasons to Read

Our Canada Store Openings and Closures Tracker reports on store openings and closures in Canada.

This report presents new data on tracked and announced store openings and closures for calendar 2025.

Data in this research report include:

  • Tabulated data—major store closures and openings by retailer, 2024 and 2025
  • Details of tracked and announced developments for 2025, as well as existing store bases, by retailer
  • Total store closure and opening counts for Canada, 2023–2025 YTD

Companies mentioned in this report include: Abercrombie & Fitch, Aritzia, Best Buy, Costco, Dollar Tree, Gap, Levi Strauss, Lululemon Athletica, Nike, Sephora, Uniqlo, Urban Outfitters and Walmart.

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