Weekly Store Openings and Closures Tracker 2018 #47: Advanced Sports Enterprises to Shut 40 Stores

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1 November, 0 Weekly Store Openings and Closures Tracker 0 #: Advanced Sports Enterprises to Shut 0 Stores Coresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies. Year-to-date (YTD) 0, the number of US store closure announcements stands at, and the number of store openings is,00. Advanced Sports Enterprises will shut 0 stores. David s Bridal has filed for bankruptcy. YTD in the UK, there have been, store closure announcements and store opening announcements. B&Q will reportedly sell six stores. Deborah Weinswig CEO and Founder Coresight Research deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

2 November, 0 Coresight Research tracks news about store closures and openings, bankruptcies and management changes. Our Weekly Store Openings and Closures Tracker focuses on department stores and specialty retail, including, but not limited to, softlines, hardlines, consumer electronics, grocery and furniture. 0 Major US Store Openings and Closures YTD 0, the number of US store closure announcements stands at, and the number of store openings is,00. We have expanded our coverage list to include more US retailers. We have updated our opening and closure charts for 0 and 0 to reflect this. What Is Happening this Week in the US? Advanced Sports Enterprises to Shutter 0 Stores American bicycle retailer Advanced Sports Enterprises (ASE), the parent company of retail chain Performance Bicycle, filed for Chapter bankruptcy protection on November and plans to shut 0 underperforming stores. The remaining wholesale and retail businesses are set to be sold. ASE was created in 0 when Philadelphiabased Advanced Sports International, which also owns Fuji, SE, Kestrel, Bike Nashbar and others, acquired Performance Bicycle, which currently operates 0 stores. Following ASE s announcement of store closures, Bicycle Retailer and Industry News reported that store closures would begin within 0-0 days. David s Bridal Files for Bankruptcy David s Bridal, America s largest wedding retailer, filed for Chapter bankruptcy protection on November as it seeks to offload $00 million in debt. The company, however, assured customers that the bankruptcy would not affect existing orders and that it will continue to operate its more than 00 stores. The retailer has been struggling in recent times in the face of sliding marriage rates, intense price pressure on dresses and competition from online platforms. Non Store-Closure News Lidl Set to Acquire Best Market Stores German global discount supermarket chain Lidl is acquiring New York-based fruit and grocery store chain Best Market in a deal announced on November. The stores under the deal are located on Long Island (), in New York City () and New Jersey (). The newly acquired stores will all be rebranded into Lidl stores in the coming year. deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

3 November, 0 Year-to-Date 0 Major US Store Closure Announcements Toys R Us Wal gr een s Sears and Kmart Mattress Firm Ascena Retail Bon -To n Bes t Buy Signet Jewelers GNC Claire s Destination Maternity Foot Locker Bro oks tone Orchard Supply Har dware Southeastern Grocers Aaro n Bro thers National Stores Nine West Gap Wal mart Abercrombie & Fitch Michael Kors A gaci Big Lots Chico s The Children s Place Casey s General Stores Bed Bath & Beyond Deckers Outdoor Rite Aid Carter s Stage Stores Tapestry Dollar Tree Tapestry Shoe Carnival Kiko USA Henri Bendel Victoria s Secret Lowe's Vera Bradley The Fresh Market Camping World Guess? J.Crew Target Wi lli ams-so noma Macy s Tops Markets Vi tami n Shop pe JCPenn ey Under Armour Land of Nod Kroger Island Pacific Steven Madden Stein Mart Skechers USA Restoration Hardware American Eagle Outfitters Charlotte Olympia Ulta Lord & Taylor Safeway Urban Outfitters Tiffany & Co Nordstrom Lululemon Athletica Bur lington Total:, announced store closures ,000 estimate this information for some retailers. These include: Ascena, Casey s General Stores, Gap,, Lord & Taylor, Mattress Firm, Michael Kors, The Children s Place and Vera Bradley. Tapestry and Victoria s Secret store numbers are for North America. deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

4 November, 0 Year-to-Date 0 Major US Store Opening Announcements Dollar General Dollar Tree Al di Five Below Ulta O Bag Ros s Stores Gap Wal mart TJX Comp an ies Tracto r Supply Company Fabletics Gander Outdoors Old Navy Untuckit Lululemon Atheltica Carter s Foot Locker Ollie s Bargain Outlet Warby Parker Target Tapestry Ascena Retail Casp er Sleep Macy s Bur lington Tapestry Bed Bath & Beyond Lidl Indochino Skechers USA Cos tco Dick s Sporting Goods Abercrombie & Fitch Wi lli ams-so noma Steven Madden American Eagle Outfitters Casey s General Stores DSW Al lbi rds Amazon Murphy USA Vera Bradley Restoration Hardware Happy Socks Lands End Sephora Mackage Urban Outfitters Victoria s Secret Under Armour Rite Aid Nordstrom Vi tami n Shop pe Golf Galaxy Champion Bel k Home Depot Deckers Outdoor Everlane JCPenn ey Total:,00 announced store openings* ,000 *Total includes a small number of retailers that each announced one store opening and are not included in the chart above. Coresight Research attributes store openings and closures based on the year in which they are expected to occur, not when they are announced. This involves an estimation for some retailers, including: Aldi, Casey s General Stores, Casper Sleep, Gap, Lidl and Mackage. Store opening numbers for Fabletics have not been included in the calendar as the retailer did not provide a time frame. Lululemon Athetica, Tapestry and Victoria s Secret store numbers are for North America only. Store opening count for Amazon includes both Amazon Go () and Amazon -Star () stores. deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

5 November, 0 Year-to-Date 0 Major US Store Bankruptcies Month Announced Company Month Announced Company Jan A GACI July Heritage Home Group Jan Kiko USA Aug National Stores Feb Bon-Ton Aug Brookstone Feb Tops Friendly Markets Aug Gump s Feb Charlotte Olympia Aug Samuels Jewelers Mar Southeastern Grocers Oct Mattress Firm Mar Claire s Oct Sears Holdings Mar The Walking Company May The Rockport Group deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

6 November, 0 RadioShack Payless rue Ascena Retail Sears and Kmart Gymboree Walgreens Boots Alliance The Limited hhgregg Ga mestop Bebe Stores Wet Seal Crocs JCPenney Vitamin World BCBG American Apparel Dollar General VF Corp Mic ha el Kors Charming Charlie GNC Foot Locke r Genesco Dollar Tree Aerosol es Macy s Ga p Staple s CVS Best Buy Aaron s MC Sports Rite Aid Perfumania Alfred Angelo Guess Style s For Less L Brands Chico s Gordmans Stores Book World G-III Apparel Group Lucy Activewear Kroger Lulul emon Athletica Big Lots J.Crew Abercrombie & Fi tch Papaya Clothing Ea ste rn O utf itte rs American Eagle Outfitters Ga nder Mountai n Benny s True Re ligion Wi lliams-sonoma Ta pe stry Ralph Lauren The Children s Place Stag e S tores Wa lmart Carter s Ta rget Tra ctor Supply Company Dick s Sporting Goods Neiman Marc us Deckers Outdoor Urban Outfitters Ross Stores Vera Bradley Stei n M art Gig gle Rothman Furniture Pirch Burlington Skechers USA H& M DSW Restoration Hardware Nik e Costco Wholesale Ulta Ti ff any & Co Stev e M adde n Nordstrom Dillard s Fiv e Be low Major US Store Closures estimate this information for some retailers. 00,0 Total:, announced store closures ,000,00,00,00 deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

7 November, 0 0 Major US Store Openings Dollar General Dollar Tree CVS Al di VF Corp TJX Five Below Tapestry Tracto r Supply Company Ulta Ros s Stores Gap Wal mart Sephora Hobby Lobby Carter s Lidl Ascena Retail L Brands Murphy USA Dick s Sporting Goods Bur lington Skechers USA Ollie s Bargain Outlet Target American Eagle Outfitters Lululemon Athletica Wi lli ams-so noma Costco Wholesale Kroger Cos tco Big Lots Bon obos Steve Madden Macy s Backstage Nordstrom Ral ph Lauren Guess DSW J.Crew Urban Outfitters Deckers Outdoor Nike Inc Forever Stein Mart Rod d & Gun n Abercrombie & Fitch Vera Bradley Foot Locker Chico s Indochino ThredUP Homesense Mackage Rite Aid Outdoo r Vo ices Kohl s Sears and Kmart Home Depot Fendi Restoration Hardware The Children s Place Tiffany & Co Everlane Dillard s Vi mmi a estimate this information for some retailers. 0, Total:, announced store openings ,000,00,00 deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

8 November, 0 0 Major US Store Bankruptcies Month Announced Company Month Announced Company Jan Wet Seal Jun Gymboree Jan American Apparel Jun Cornerstone Apparel Jan The Limited Jul Alfred Angelo Feb Eastern Outfitters Jul True Religion Feb MC Sports Aug Perfumania Mar BCBG Sep Aerosoles Mar Radio Shack Sep Toys R Us Mar Gordmans Stores Nov Shiekh Shoes Mar H. H. Gregg Dec NCIX Mar Vanity Dec Charming Charlie Apr Payless ShoeSource May Rue deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

9 November, 0 0 Major UK Store Openings and Closures YTD in the UK, there have been, store closure announcements and store opening announcements. What Is Happening this Week in the UK? B&Q to Sell Six Stores DIY and home improvement retailer B&Q, owned by Kingfisher, is reportedly looking to sell six of its stores with the objective of raising million ($0. million) to fund its turnaround strategy. Stores in Birmingham, Croydon, Southampton, Cardiff and two sites in the North East are going to be sold, according to The Times. This week, B&Q (UK & Ireland) registered a.% decline in comparable sales in its third quarter, which ended October. We await confirmation on timing of any closures before we include them in our annual total. Year-to-Date 0 Major UK Store Closure Announcements Poundworld Maplin Toys R Us Carpetright Dixons Carphone Homebase New Look Mothercare Argos M&S Clothing and Home East Original Factory Shop Monsoon Accessorize Coast Next American Golf N Brown House of Fraser Tesco Laura Ashley French Connection M&S Simply Food Sainsbury s Jacadi Dunnes Stores Waitrose B&M Shop Direct WHSmith Office Outlet Debenhams Orla Kiely Habitat Total:, announced store closures estimate this information for some retailers. These include: Argos, B&M, Homebase, M&S, Monsoon Accessorize, Sainsbury s and Tesco. deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

10 November, 0 Greggs Co-op Aldi Smiggle Lidl B&M Screwfix M&S Simply Food House Poundland Iceland Foods Hema Heron Foods M&Co Tesco Jack s The Entertainer Sainsbury s Pets at Home HomeSense Acuitis Footasylum TJ Hughes Habitat Ikea Polo Ralph Lauren John Lewis Urban Outfitters JD Sports Debenhams Abercrombie & Fitch Laura Ashley Year-to-Date 0 Major UK Store Opening Announcements estimate this information for some retailers. These include: Aldi, B&M, Foot Asylum, Greggs, Habitat, Hema, Heron Foods, House, Lidl, M&Co, M&S, Sainsbury s, Pets at Home and Smiggle Total: announced store openings deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved. 0

11 November, 0 0 Major UK Store Openings and Closures 0 Major UK Store Closures Lloyds Pharmacy Store Twenty One Brantano Argos p Stores Dixons Carphone Greggs Jones Bootmaker Linens Direct Budgens Monsoon Accessorize Next BrightHouse Tesco Pep&Co Jaeger Blue Style Group Brands M&S Clothing and Home Sainsbury s Ness Clothing Shoon French Connection Laura Ashley B&M N Brown Triumph Mothercare Card Factory New Look icandy Joy the Store B&Q Kit and Ace American Eagle HMV Clas Ohlson Debenhams Peter Werth M&S Simply Food Total:,0 announced store closures* *Total includes a small number of retailers that each announced one store closure not included in the chart above. estimate this information for some retailers. deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

12 November, 0 0 Major UK Store Openings Greggs Smiggle M&S Simply Food Aldi The Works Screwfix Lidl Tapi Carpets Austin Reed B&M Sainsbury s Tesco House Iceland Next The Fragrance Store Mountain Warehouse Sports Direct M&Co Shoe Zone Footasylum Primark Dukla Waitrose Pets at Home Honey Birdette White Stuff River Island Schuh M&S Clothing and Home Superdry Boden Ben Sherman Argos French Connection Total: announced store openings* *Total includes a small number of retailers that announced one store opening not included in the chart above. estimate this information for some retailers. deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

13 November, 0 Deborah Weinswig, CPA CEO and Founder Coresight Research New York:..0 Hong Kong:.. China:..0.0 deborahweinswig@coresight.com Vineeth Gangadharan Research Associate Hong Kong: /F, Lifung Tower, Cheung Sha Wan Road, Kowloon Hong Kong London: - Marylebone Road London, NW JQ United Kingdom New York: Broadway, th Floor New York, NY 00 Coresight.com deborahweinswig@coresight.com US:..0 HK:.. CN:..0.0 Copyright 0 Coresight Research. All rights reserved.

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