- Dollar General, Aldi,TJ Maxx, Costco, and Walmart are among more than a dozen retailers planning to open stores this year.
- Overall, retailers plan to open more than 2,000 stores this year, a Business Insider analysis found.
- That compares with the 5,300 stores that retailers are planning to close this year.
Amid these losses, some retailers are thriving and pursuing physical growth strategies, with at least one – Dollar General – planning to add nearly 1,000 stores this year.
Many of the retailers planning to open new stores in 2019 are discounters, including Dollar General, Dollar Tree, Aldi, and TJ Maxx.
Overall, retailers collectively are planning to open more than 2,000 stores this year, a Business Insider analysis of company data found.
Here’s the full list of companies opening stores.
Dollar General: 975 stores
Dollar General, which has more than 15,200 stores in 44 states, plans to open another 975 stores in fiscal 2019, as well as remodel 1,000 stores and relocate 100 stores.
Dollar Tree: 350 stores
Dollar Tree plans to open 350 Dollar Tree stores and convert 200 Family Dollar stores into Dollar Tree stores.
Family Dollar: 200 stores
Dollar Tree plans to close about 390 Family Dollar stores and open 200 locations.
Aldi plans to open more than 130 stores this year and remodel 235 stores. By the end of the year, the grocery chain is set to have nearly 2,000 stores in the US.
Ulta: 80 stores
Ulta has opened about 100 stores annually for the past several years, and it now has more than 1,100 stores in the US. The company said in December that it would slow store growth to 80 openings this year, followed by 75 new stores next year and 70 in 2021.
HomeGoods: 65 stores
HomeGoods, owned by TJ Maxx, plans to open 65 stores in the US this year, which would bring HomeGoods’ total store count to more than 800.
TJ Maxx and Marshalls: 60 stores
TJ Maxx plans to add 60 TJ Maxx and Marshalls stores in the US and another 80 stores in Canada, Europe, and Australia. The openings would bring TJ Maxx’s total store count to more than 4,500.
Abercrombie & Fitch: 40 stores
Abercrombie & Fitch said in March that it planned to close up to 40 stores this year. The company also plans to open 40 stores, including 20 Hollister stores, 15 Abercrombie Kids stores, and five Abercrombie stores.
Sprouts Farmers Market: 30 stores
Sprouts plans to open about 30 stores this year in places like Baton Rouge, Louisiana; Herndon, Virginia; Jacksonville, Florida; Los Angeles; Marlton, New Jersey; and Mesa, Arizona.
Target: 23 stores
Target has announced 23 store openings this year, in California, Connecticut, Florida, Illinois, Indiana, Massachusetts, Michigan, Kentucky, and New York.
Costco: 20 stores
Costco plans to open 20 new stores in 2019.
Dry Goods: 19 stores
Dry Goods, a fashion retailer owned by the department-store chain Von Maur, is planning to open 19 stores this year, which would bring its total store count to 58.
HomeSense: 15 stores
TJ Maxx opened its first HomeSense stores in 2017 and said it planned to eventually open about 400 locations. The stores are similar to HomeGoods, also owned by TJ Maxx, but carry a wider selection of furniture. The openings would bring HomeSense’s total store count to 31.
Walmart: fewer than 10 stores
Walmart said it expected to open fewer than 10 stores in its fiscal 2020.
Sierra Trading Post: 10 stores
TJ Maxx plans to open 10 Sierra Trading Post stores, which sell outdoor recreation and fitness gear, this year, bringing its total store count to 45.
Nordstrom: 7 stores
Nordstrom plans to open seven stores: two full-line department stores, in Manhattan, New York, and Norwalk, Connecticut, and five Nordstrom Rack stores, in Porter Ranch and El Segundo, California; Westminster, Colorado; Baltimore; and Staten Island, New York.
Kohl’s: 4 stores
Kohl’s plans to close four stores this year and open four small-format stores, which are about 35,000 square feet. The company said they have 60% less space and 60% less inventory than a standard Kohl’s store.
Wegmans: 3 stores
Wegmans plans to open three stores in 2019, in Virginia Beach, Virginia; Raleigh, North Carolina; and Brooklyn, New York.
Whole Foods: 2 stores
Whole Foods, owned by Amazon, is planning to open at least two new stores this year, in Atlanta and Commack, New York.
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