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Stein Mart continues executing growth strategy
The opening of two new Stein Mart stores in New Jersey and California this month will round out the discount department store operator's 2013 capital expansion program and give it a year-end total of 264 units.
The opening follows four new stores last month in El Paso, Texas; Buford, Ga.; Elk Grove, Calif.; and Colorado Springs, Co., as well as a September comparable-store sales increase of 5% and a total net sales increase of 7.3% for the month.
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Dd’s Discounts opens nine new locations
Pleasanton, Calif. — Dd’s Discounts recently opened nine new locations across five states as part of the retailer’s 2013 expansion program totaling 23 new locations.
The retailer now operates 131 locations in eight states. The new stores are located in California (4), Texas (2), Arizona (1), Florida (1) and Tennessee (1).