51 Retailers That Will Open More Physical Stores This Year
More U.S. tenants are opening
stores this year than are closing them.
U.S. retailers plan
522 store closures and 1,846
store openings for 2023,
according to Coresight Research. Commerce + Communities
Today’s look at 51 growing
chains, public and
private, highlights several trends: Sunbelt suburbs, food concepts and grocery
stores that are both larger than normal and smaller than normal.
Academy Sports + Outdoors
plans 16 openings this year and 80 to 100 over the next five years.
Aldi
is growing its footprint in the Gulf Coast region.
Canadian apparel chain
Aritzia
has set a goal of opening eight to 10 stores a year in the U.S. through 2027.
WHP Global will open a
Babies R Us
at American Dream in East Rutherford, New Jersey,
Home decor and furniture design company
Ballard Designs
this month opened its fourth Texas store
Barnes & Noble
will open 30 stores in 2023
Boot Barn
plans 40 new stores this year
In November, off-price retailer
Burlington
said it plans to open 500 to 600 net new stores over the next five years as part
of a long-term goal to reach 2,000.
Convenience store operator
Casey’s
plans to add 350 locations over the next three years.
Fast-casual chicken salad restaurant concept
Chicken Salad Chick
is opening two in San Antonio unit, it's 24th in TX. It has 220 restaurants in
17 states.
Condado Tacos
is expanding outside the Midwest, where it has 40 unit
Conn’s HomePlus
continues to expand in Georgia which brings its number of stores to 168 across
15 states.
Costco
plans to open 15 U.S. warehouse clubs in 2023.
Dollar General,
which recently opened its 19,000th store, plans to open 1,050 more this year,
and three distribution centers.
Five Below
plans to double its sales by tripling its store count to more than 3,500 by the
end of 2030. Currently, at 1,200 stores.
Floor & Decor,
operates 191 warehouse stores in 36 states, opened its sixth in Arizona.
Forever 21
will open at The Outlet Shoppes at Atlanta
Foxtrot
has 24 locations across Chicago, Dallas and Washington, D.C., and
plans expansion in both existing and new markets,
Gucci
opened at Simon’s Ross Park Mall in Pittsburgh and has 108 U.S. stores.
Guitar Center
opened its 300th store
Homesense
opened three new stores. The newest retail banner of TJX Cos., it operates more
than 40 stores in the U.S.
Upscale lingerie brand
Honey Birdette
opened its second New Jersey mall store. It's 11th store.
Kohl’s
plans to open 100 smaller-format stores. Kohl’s currently has 1,100 locations in
49 states. It plans to expand the Sephora at Kohl’s store-within-a-store concept
to all Kohl’s locations, hitting 850 this year.
Lowes Foods
will add five stores in the Carolinas this year.
McDonald’s
plans to open 400 U.S. units in 2023.
Meijer
opened two Meijer Grocery stores in the Detroit region. It now has 501 stores.
Moxies
will add three this year. Moxies has 60 units in Canada and two in the U.S.
Nick the Greek
opened its 50th this month. In 2023, it will open approximately 30 locations
across the U.S.
Nordstrom Inc. will add six
Nordstrom Rack
discount stores this year to it's 350.
Primark
plans 10 new U.S. stores in 2023, which will nearly double its retail footprint
in the country.
Publix
is opening 4 in Kentucky and six in North Crolina.
Rally House
will open three stores in Oklahoma and also in Ballwin, Missouri, and Ames,
Iowa, this year. The company has about 140 stores in 14 states.
REI
has three stores under development for 2023: REI has 179 stores.
Ross Dress for Less
plans to open its first Michigan store, just one of the 99 stores it plans
for 2023. The company has 2,000 locations and wants to reach 2,900.
Rutter’s
is opening 50 convenience stores across Delaware, Maryland, Pennsylvania,
Virginia and West Virginia. Rutter’s has 84 stores.
Quick-service chain
Salad and Go
wants to grow from 80 to 125 units by the end of the year.
Sam’s Club
plans to open 30 stores over the next “several years” and will build five
fulfillment and distribution centers in 2023.
Showcase,
the Canadian retailer that stocks merchandise based on social media trends, just
opened its 40th and 41st U.S. stores. It has 100 stores in Canada.
Smoothie King
plans to open more than 100 locations in 2023. It opened 77 units in 2022.
Sprouts Farmers Market
opened a store in Nashville in January; is opening in Surprise, Arizona, today;
and will open in Stockton, California, on March 10. Sprouts, which sells natural
and organic foods, operates 380 stores in 23 states.
Tap 42 Craft Kitchen + Bar
is slated to open this year at The Gardens Mall in Palm Beach Gardens, Florida.
It will be the 10th and largest Tap 42, at 8,000 square feet. All 10 are in
Southern Florida.
Target
will open 30 larger stores and remodel 200 in 2023
Tillys
plans to open 15 stores this year, adding to its 250.
Electronic vehicle manufacturer
VinFast
is growing throughout California with new showrooms and service centers.
Wegmans
opened its 110th store, its 15th in Virginia, last week in Reston.
Wetzel’s Pretzels
has almost 60 stores in its pipeline, including the 2023 opening of its 400th
location
Whole Foods
to open 30 stores a year, up from the 11 it opened in 2022. The grocer operates
534 locations.
Convenience store chain
Yesway
to build 28 stores in 2023. Throughout 2022, it completed the construction of 17
stores and 21 raze-and-rebuild projects. It operates 428 stores under two
banners: Yesway and Allsup’s.
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