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Advance Auto Parts to Shutter 523 Stores, Exit 204 Independent Locations

Retail TouchPoints

compared to the same period the previous year, Advance Auto Parts (AAP) will close 523 corporate stores, exit 204 independent locations and shutter four distribution centers. APP is planning to open 60 of these market hub locations by mid-2027, as well as consolidating its distribution centers to 13 large facilities by 2026.

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Five Below Continues Aggressive Growth Strategy, Plans 7 New Outlet Locations

Retail TouchPoints

Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The new locations, slated to open throughout this spring and summer, will be at Simon Premium Outlets in Albertville, Minn.; The retailer already operates 21 stores within the Simon portfolio.

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The Container Store Plans 74 New Locations by 2027

Retail TouchPoints

billion during FY2021, which ended April 2, 2022, The Container Store revealed that it is planning to open 74 new stores by FY2027. While fiscal 2022 will be a unique year as we contend with a dynamic macro backdrop, we will focus on our strategic initiatives to drive growth and market share gains,” said Malhotra. “We

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Ross Stores Opens 40 New Locations, Fulfilling FY22 Growth Plans

Retail TouchPoints

Ross Stores has opened 28 Ross Dress for Less and 12 dd’s DISCOUNTS locations across 21 states during September and October, meeting its forecasted growth of opening nearly 100 stores during FY 2022, which ends Jan. billion in Q1 2022, which prompted the retailer to revise its forecast for the remainder of the year. .”

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Forever 21 Continues U.S. Expansion with Plans for 14 New Locations

Retail TouchPoints

stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif. In addition to this Southern California store, the retailer has new shops planned for Illinois, Rhode Island, Nevada, Iowa, Pennsylvania, Virginia, Massachusetts, Georgia, Florida and Puerto Rico. through June 2023.

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Dollar General Plans to Open 1,050 Locations in 2023

Retail TouchPoints

Dollar General is continuing its rapid expansion into fiscal 2023 with plans for 1,050 new stores, following a successful Q3 2022 when sales rose 11.1% The off-price retailer executed on 800 retail projects in Q3 2022 and plans to execute on an additional 3,170 in the coming year. The quarter, which ended Oct.

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Mango Plans to Operate 42 U.S. Stores by Year End, 20+ More in 2025

Retail TouchPoints

one of its three main markets by 2026, Mango plans to operate 42 stores in the country by the end of 2024. The apparel retailer also plans to open more than 20 locations next year, primarily in the Sun Belt and Northeast, according to CNBC. Moving toward its goal of making the U.S. stores by the end of 2025.

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