Industry retailers plan to grow their aggregate footprint by 2.4% in 2025, exactly the same as last year, despite continued macro pressures on consumers and the unstable trade environment. Retailers are often overly optimistic at the beginning of the year and then pull back as the year progresses, but 2024’s square footage growth came in very close to the 2.5% plan. This year’s projections call for 392 openings and 239 closings for 153 net openings, which will push total square footage to 171.2 million for the retailers on our list. The ... Log in to view full article.