Store Expansion News: December update
Advertisement - article continues below
Advertisement
- Skims opens NYC flagship The $4 billion shapewear brand co-founded by reality TV superstar and entrepreneur Kim Kardashian has made its long-awaited brick-and-mortar debut in New York City. Skims has opened a 6,570-sq.-ft., four-level flagship near Rockefeller Center, at 647 Fifth Avenue near 52nd Street.
- Academy details 2025 store openings After opening a total of 16 new locations in fiscal 2024, the sporting goods retailer plans to open 20 to 25 stores in 2025. Academy said its expansion will continue to be “measured in its approach and timing given the recent consumer backdrop.”
- Golf lifestyle brand Malbon opens three new stores The Los Angeles-based golf lifestyle brand has opened three new stores, with locations on West Randolph Avenue in Chicago, the Georgetown section of Washington, DC, and Greenway Parkway in Scottsdale, Ariz. The brand is planning to open even more locations in 2025, co-founder Erica Malbon told Chain Store Age.
- Tractor Supply to open 90 stores in 2025 The nation’s largest rural lifestyle retailer has increased its long-term store count goal to 3,200 locations, up from its previously announced target of 3,000. Tractor Supply expects to open 90 new namesake stores in 2025, along with approximately 10 new Petsense by Tractor Supply stores.
- Dollar General to remodel thousands, open 575 new stores The discount giant is planning a major increase in planned real estate projects for fiscal 2025, which includes opening approximately 575 new stores in the U.S. and up to 15 new stores in Mexico. Dollar General also plans to fully remodel approximately 2,000 stores as well as partially remodel approximately 2,250 stores through Project Elevate, in addition to relocating approximately 45 stores.
- 7-Eleven plans slate of new Phoenix stores The convenience giant has opened three new locations in Arizona, with two more slated to open in early 2025. The five new stores are 7-Eleven’s first in The Grand Canyon State in 25 years.