Retail

Retailers are opening more stores than they close, aided by cheap rent

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For the first time in years, retailers across the country are planning to open more stores than they are closing.

From Ulta Beauty and Sephora to Dick’s Sporting Goods, Five Below and TJ Maxx, businesses are rebounding from the Covid pandemic and dusting off expansion plans that were put on hold.

In the latest example, athletic apparel retailer Fabletics said Thursday that it will open two dozen stores in the United States this year. Even Toys R Us, the beloved toy chain that filed for bankruptcy in 2017 and ultimately liquidated, has a new owner that is looking to open stores ahead of the 2021 holidays.

The athletic apparel retailer Fabletics is planning to open two dozen stores in the…



Source cnbc.com

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