PITTSBURGH — The Staples store at the Waterworks Shopping Center.
Three Party City stores in Bridgeville, Cranberry and Monroeville.
And select locations for Big Lots, rue21, Rite Aid and others.
They all represent an ongoing wave of store closures in the Pittsburgh area in the new year and recent months in what’s expected to be a second big year in a row in which closures outpace new store openings in the shopping center industry throughout the country.
New research by Coresight Research projects there will be nearly 15,000 store closings in the United States in 2025, in contrast to 5,800 new store openings, suggesting a net closing of more than 9,000 stores. According to the research firm, the expected closings to come in 2025, of which there’s already been nearly 2,000 already, comes after spike of 7,325 closures last year, the most since the pandemic-marred year of 2020. The research put the new store openings last year at 5,970, which Coresight indicated was “the highest number of store openings since 2012″ and represented a net loss of 1,355 stores for the year.
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