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Express to open 30 outlet stores in 2015; division exceeding expectations
New York -- Express is going full-steam ahead with its outlet-store strategy, with plans to open 30-plus stores in 2015. The retailer ended the year with 41 outlet stores in operation.
“Together they generated approximately $55 million of incremental revenue, far surpassing our initial estimate,” said Paul Dascoli, senior VP and CFO, Express, on the chain’s quarterly earnings call.
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Sheetz to open 30 units in 2015 as convenience store channel continues to expand
Alexandria, Va. -- The ranks of the nation’s convenience stores continue to grow, increasing to 152,794 stores at year end, up nearly 1% from the year prior, according to the 2015 NACS/Nielsen Convenience Industry Store Count. And 2015 is expected to be another busy year: Pennsylvania-based Sheetz plans to open 30 locations in 2015. The chain, which recently opened its 500th location, has said it now sees the potential to double in size.