10 retail chains that grow while others are massively closing

The retail apocalypse continues in America - many well-known brands are closing their stores, entire chains with many years of successful history are filing for bankruptcy and are being completely liquidated. However, while some are curtailing their activities, others are not only thriving, but also actively developing, opening dozens and even hundreds of new retail outlets. What kind of networks are these and what is their secret?

Фото: Depositphotos

How do they manage to continue and even increase development while e-commerce led by Amazon absorbs more and more buyers' money, leaving less and less space for retailers? Money writes that most of the expanding chains are discounters, as well as dollar stores and chains that have random sales and often sell out of stock (for example, Marshalls and TJ Maxx). This means that their prices are low enough to stay afloat and withstand online competition.

In addition to pricing policy, many successful “offline” chains have in common that the shopping experience in them can be compared to a treasure hunt. This is not easy to replicate online. Buyers come for intrigue, surprise, interesting sales that can be completely unique every time - and you won’t find this anywhere else. It's an exciting experience.

Here are some US retail chains planning to open new outlets in 2019.

Aldi: 100 New Stores

Aldi, owned by the same German company that controls Trader Joe's, had a huge impact on the grocery store segment. Its business model is a combination of small shops selling products of private brands and low prices. In 2015, Aldi had about 1400 supermarkets in the US, in the fall of 2018, the network expanded to 1800 outlets, and plans to expand to 2022 stores by 2500.

Aerie: from 60 to 75 new stores

The American Eagle-owned young women's clothing brand operates both stand-alone stores and sells items in locations near American Eagle stores. The brand's sales grew by 29% last year and 27% the year before. The number of stores is also growing - 2018 sales points were opened in 35, and another 2019-60 new stores are planned for 75.

Burlington: 50 New Stores

The Burlington chain — known as Burlington Coat Factory before a rebrand five years ago — plans to open about 50 stores in 2019. And the process is underway: 13 new outlets opened in March, and the opening of 12 more is already planned and confirmed for April and May.

Фото: Depositphotos

Dollar General: 900 new stores

It's obvious why shoppers flock to dollar stores during tough times. But how can we explain the excellent sales at a time when the US economy is booming? “Even though the economy is healthy, spending by our core customers has typically outpaced wage growth,” Dollar CEO Todd Vasos said.

Dollar General is expected to open between 2019 and 900 stores in 975. Hundreds of its stores will begin selling fresh produce in so-called “food deserts,” where there are no large supermarkets and long drives to the nearest big box stores.

Dollar Tree: 160 New Stores

Dollar Tree acquired Family Dollar in 2015, and while the company plans to close 390 stores in 2019, it will open new ones—an additional 160 are expected by the end of the year.

Hobby Lobby: 65 New Stores

In 2019, the network will open 65 new stores, creating jobs from 2500 to 3000. The retail chain of applied arts will expand to 900 stores throughout the United States.

Peloton: 100 new stores

The high-end sports brand Peloton, known for 2000 exercise bikes and a whole cult of followers, is experiencing a real breakthrough in the market. Now he already has 65 showrooms in the US, and by the end of the year it is planned to open 100 stores.

Ross Stores: 100 New Stores

Ross Stores recently announced plans to open 100 new sales points in 2019. Retailer of goods at reduced prices reports that it will open 75 stores for women's clothing, Ross Dress for Less, and 25 new dd's Discounts.

Фото: Depositphotos

TJX: 125 New Stores

The retailer, which owns budget treasure hunt stores such as TJ Maxx, Marshalls and HomeGoods, will open about 125 new locations. In the first few months of 2019, 23 home improvement stores opened, along with 11 new TJ Maxx locations and 12 new Marshalls locations.

Ulta Beauty: 80 new stores

Ulta Beauty reports that net sales increased 14% in 2018 and plans to expand to 2019 new stores in the United States in 80. Ulta sells hundreds of beauty products ranging in price from $3 to $100+ and now operates 1100 stores, most of which are located in suburban shopping centers.

Read also on ForumDaily:

16 popular retailers that can close forever

Apocalypse in retail: 2019 stores will close in the US in 5800, the year. LIST

Another American chain of stores ceases to exist

Apocalypse in retail: 2019 stores closed in three months of 4

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.