SOURCE: Chain Store Guide

June 05, 2007 14:00 ET

Chain Store Guide Tracks Retail Openings & Closings

TAMPA, FL--(Marketwire - June 5, 2007) - Chain Store Guide® (CSG) has released its Openings & Closings Index showing the monthly store openings and closings across the chain supermarket, chain drug, discount, category killers and home center retail industries.

Each month, Chain Store Guide's database marketing division develops an Excel spreadsheet of the new store location openings and closings captured in the CSG database.

For the month of May 1 - May 31, Chain Store Guide tracked 211 new store openings and 351 closings. Category killers accounted for 79% of the closings during the month with 278 of the total, but also accounted for 63% of the openings in May with 132 new stores.

According to Chain Store Guide's research, the Midwest Region saw the largest percentage of growth accounting for 23% of the new store openings in May with 48. However, the same region experienced 91 store closings during the month, which accounted for 26% of the total.

Maps showing the number of openings and closings by industry in each region are available at http://www.leadingchaintenants.com.

Chain Store Guide's full monthly eStore Locations Update, listing each individual location that has opened or closed, can be purchased for just $500 for an annual subscription.

Fields included in the monthly eStore Locations Update report are: location name, address, parent company affiliation and geographic coordinates.

Chain Store Guide has been the leading provider of comprehensive and definitive retail and foodservice solutions to businesses around the world for more than 75 years. Chain Store Guide is a subsidiary of Lebhar-Friedman, Inc., founded in 1934, publisher of such industry standards as Nation's Restaurant News, Chain Store Age, Home Channel News, Drug Store News and Retailing Today.

This information can be used by real estate professionals to stay current with market growth or decline across the highly competitive retail landscape. Financial service providers, manufacturers and wholesalers also find the information invaluable.

To order the complete report, visit www.csgis.com or call 888-368-7103.

Contact Information

  • Media Contact:
    Karen Grant
    Marketing Manager
    800-927-9292
    Email Contact