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Brought to you by Home Furnishings Business

Store Count

By Home Furnishings Business in on December 2012

In each December issue, Home Furnishings Business takes a look at reports of store closings and openings in our daily newsletter, HFBusinessNOW!

Overall, things are looking up.

This year€™s stories from December 2011 through November this year totaled openings and closings representing 73 and 67 storefronts, respectively. Those closings were loaded toward the front half of 2012, and included RoomStores€™ 26 locations in one fell swoop.

From Dec. 1, 2010, through Nov. 15 last year, we had 57 reports of store closings. From December 2009 through November 2010, we had 45 such reports. News items on store openings for that period jumped from 58 the prior year to 76; and 2010 had been a big improvement over 2009, when we had 42 store-opening stories to go along with 58 closing reports.

Looking further back, 2010, 2011 and 2012 openings compare favorably with 2008€”from November 2007 through November 2008, HFBusiness Now! had 36 reports of store openings, and 21 closures.

As we€™ve noted before, there might be closings and openings we missed, but we run the same news searches everyday, so year-to-year we kind of like this non-scientific summary.



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