These 15 companies are defying the retail apocalypse and opening hundreds of new stores

Advertisement
These 15 companies are defying the retail apocalypse and opening hundreds of new stores

family dollar

REUTERS/ Jim Young

Advertisement
  • Discount stores are thriving while mall-based stores are closing a record number of stores.
  • Discounters are collectively opening hundreds of new stores this year.
  • Retailers planning to add new stores include Dollar General, Dollar Tree, Family Dollar, Aldi, Lidl, Five Below, and Hobby Lobby.



US shoppers started gravitating toward discount stores during the recession, and most never returned to shopping full-price.

Discount stores are rapidly building new locations, with at least one - Dollar General - adding as many as 900 stores this year.

A large majority of the retailers that are opening new stores this year are discounters, including Dollar General, Dollar Tree, Family Dollar, Aldi, Lidl, Five Below, and Hobby Lobby.

Those retailers and others will collectively open more than 2,100 stores this year, according to a Business Insider analysis based on company data.

Advertisement

Here's a full list of companies opening hundreds of new stores:


These 15 companies are defying the retail apocalypse and opening hundreds of new storesEXCLUSIVE FREE SLIDE DECK:
The Future of Retail 2018 by the BI Intelligence Research Team.
Get the Slide Deck Now »