New opening activity of chain stores maintains historical lows, not the same for independents

Per legal filings, 115 new chain stores opened in the month of June, an all time low. Now averaging approximately a 90% decrease since the pandemic began. Pre-pandemic monthly averages were more than 1200 new chain store openings per month.

On the other hand, Independents have steadied their growth trajectory for over a year, averaging 1950 new independent openings per month. See weekly chart dating from the beginning of the pandemic in March, 2020:

WEEKLYNEW Openings Chain Locations VS. Independent Locations
Chain storesIndependent stores
6/30/202226398
6/23/202211384
6/16/202227421
6/9/202222351
6/2/202230388
5/26/202228431
5/19/202219358
5/12/202216357
5/5/202230340
4/28/202221373
4/21/202228389
4/14/202221343
4/7/202220430
3/31/202236374
3/25/202221318
3/17/202227387
3/10/202237407
3/3/202226386
2/24/202245398
2/17/202222324
2/10/202215343
2/3/202232333
1/27/202244344
1/20/202231292
1/13/202224291
1/6/202228363
12/30/202141340
12/16/202133360
12/9/202134385
12/2/202146411
11/18/202124364
11/11/202141434
11/4/202142351
10/28/202134405
10/22/202145338
10/15/202136399
10/7/202129334
9/30/202128351
9/23/202147340
9/16/202153386
9/9/202141371
9/2/202133315
8/26/202147437
8/19/202146249
8/12/202123414
8/5/202136443
7/29/202138474
7/22/202149465
7/15/202144415
7/1/202132406
6/24/202133477
6/17/202155413
6/10/202135401
6/3/202132431
5/27/202136431
5/20/202131412
5/13/202124416
5/6/202133459
4/29/202144395
4/22/202124382
4/15/202131435
4/8/202128426
4/1/202118367
3/25/202122386
3/18/202165267
3/11/202154421
3/4/202137388
2/25/202133399
2/18/202136360
2/11/202179589
2/4/202123251
1/28/202121294
1/21/202121255
1/14/202146441
1/7/202146311
12/31/202045322
12/17/202025354
12/10/202042369
12/3/202049406
11/19/202041389
11/12/202036477
11/5/202043472
10/29/202034383
10/22/202056482
10/15/202047470
10/8/202040489
10/1/202051382
9/24/202061452
9/17/202040381
9/10/202038359
9/3/202033356
8/27/202060430
8/20/202046372
8/13/202063422
8/6/202048397
7/30/202053439
7/23/202032315
7/16/202047409
7/9/202081476
6/25/202036308
6/18/202029359
6/11/202042212
6/4/202057274
5/28/202040258
5/21/202023257
5/14/202050288
5/7/202028268
4/30/202044280
4/23/202048315
4/16/202050475
4/9/202020172
4/2/202043284
3/26/202025249
TOTALSLegal Filings Week ending 6/30/2022
WEEKLYTotal Raw FilingsTotal Net New (Post Vetting)
6/30/20221067431
6/23/2022902412
6/16/20221039462
6/9/20221085387
6/2/2022951430
5/26/20221047476
5/19/2022874400
5/12/2022891381
5/5/2022941378
4/28/20221032406
4/21/2022939428
4/14/2022955373
4/7/20221053458
3/31/2022755422
3/25/20221045356
3/17/2022896439
3/10/2022960462
3/3/2022962436
2/24/2022941462
2/17/2022977356
2/10/2022647372
2/3/2022650383
1/27/2022828401
1/20/2022935335
1/13/2022699338
1/6/2022812407
12/30/2021797411
12/16/2021854410
12/9/2021938433
12/2/2021867471
11/18/2021678409
11/11/2021808493
11/4/2021870409
10/28/2021850454
10/22/2021812399
10/15/2021970453
10/7/2021713380
9/30/202175399
9/23/2021670403
9/16/2021825455
9/9/2021807437
9/2/2021714359
8/26/2021913493
8/12/2021889453
8/5/20211132490
7/29/20211152523
7/22/2021948528
7/15/20211050478
7/1/2021819452
6/24/2021975538
6/17/2021837481
6/10/2021880446
6/3/20211417479
5/27/20211322504
5/20/20211103452
5/13/20211294454
5/6/20211303508
4/29/20211250456
4/22/20211130414
4/15/20211332483
4/8/20211474490
4/1/20211085400
3/25/20211251431
3/18/2021368344
3/11/20211525495
3/4/20211216435
2/25/20211006460
2/18/20211002410
2/11/20211851685
2/4/2021624281
1/28/2021736322
1/21/2021484283
1/14/2021880509
1/7/20211061389
12/31/20201264381
12/17/20201226392
12/10/2020771419
12/3/20201264469
11/19/20201003446
11/12/2020957526
11/5/2020971533
10/29/2020965430
10/22/20201080550
10/15/20201129530
10/8/20201237548
10/1/2020924450
9/24/20201006525
9/17/20201022433
9/10/20201002406
9/3/20201056400
8/27/20201050503
8/20/2020978433
8/13/20201066502
8/6/20201158462
7/30/2020992503
7/23/2020724358
7/16/2020958474
7/9/20201368582
6/25/2020711354
6/18/2020815396
6/11/2020497264
6/4/2020762358
5/28/2020691316
5/21/2020776304
5/14/2020801356
5/7/2020679316
4/30/2020678324
4/23/2020970385
4/16/2020839532
4/9/2020691192
4/2/2020639327
3/26/2020844301