Corporate bankruptcies and defaults accelerating, unemployment continues to rise, and spreads blow out. The 442,000 jobs added in Q2 will likely be revised NEGATIVE in February 2025

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American Freight and Big Lots Bankruptcies Push Total Closed Retail Space to 116 Million Square Feet

Announced store closures by American Freight and Big Lots in November have pushed planned total closed retail space for 2024 to just over 116 million square feet, according to Coresight Research estimates.

Discover US retailers’ latest store closure and opening announcements, as well as the square-footage impacts of these developments.

This report is part of our monthly US Store Tracker Extra series; we offer insights into announced developments as of November 29, 2024.


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