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H&M’s brick-and-mortar expansion continues at torrid pace
H&M isn’t letting a challenging retail environment stand in the way of its physical expansion.
The Swedish retail powerhouse plans to open 425 stores in 2016, with a focus on expansion in the United States and China. The company will also enter several new markets this year, including New Zealand, Puerto Rico and Cyprus.
In addition, the chain will expand its e-commerce site to several markets, including Ireland, Japan, and Greece.
At the close of its fiscal year, H&M operated 3,924 stores in 61 markets.
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Metro Commercial Negotiates Sale of Home Depot Plaza
Upper Darby, Pa. -- Metro Commercial Real Estate announced that is has negotiated the sale of the 307,000-sq.-ft. Home Depot Plaza in Upper Darby, Pennsylvania.
The purchaser, a life insurance company, values the long-term nature of the anchor leases, Home Depot and Acme, and the population density of the area.

