Monday, February 25, 2019

Accelerating Retail News

INDOCHINO will will open 3 stores in the Tri-State area; a second Boston location; and a fourth in Toronto. 5 locations are confirmed for the West Coast, with 3 in California plus Portland, Oregon, and Bellevue, Washington. INDOCHINO ended 2018 with 38 showrooms…Specialty retailer Dry Goods will open 19 stores in 2019, giving it a total of 58 US locations. In 2018, Dry Goods opened 12 stores. Dry Goods opened its first location in 2010…Domino’s could build another 2,000 US stores over the next 7-8 years, part of a growth strategy that would add 10,000 locations by 2025... RYU Apparel Inc. opened a store in Newport Beach, CA, its 9th to date. The retailer is expected to open a total of 4 US locations in 2019…Foot Locker’s power store format made its US debut this month in Eastpointe, MN. It plans to open more than a dozen locations in the format in 2019. Upcoming stores are planned for LA, NYC, and Philadelphia…Stoner’s Pizza Joint, which has locations in Texas, Florida, South Carolina and Georgia, plans to open 100 new locations by 2023 mainly in the Southeast US...PJ’s Coffee awarded 22 franchises representing 37 licenses, and opened 17 new stores, surpassing 100 locations by the end of 2018. It plans to open an additional 30 stores by the end of 2019...Melt Shop recently opened its first franchised restaurant in Delaware as well as its first location in New Jersey. The brand has 4 restaurants currently in development and 21 planned. Since launching into franchising in 2017, Melt Shop has added 20 restaurants and remains ahead of its goal to open 100 locations by 2022...Indian fast casual restaurant Curry Up Now plans to add 100 new units by the end of this year, and 200 new locations in 2020. The company has close to 50 franchised and corporate locations in development and franchise deals in more than a dozen states….Murphy USA opened 11 new stores and reopened 15 rebuilt locations in 2018, growing to 1,472 stores as it entered 2019...Five Below plans to open 94 stores across the country this year. Since November 2017 the chain opened 120 stores for a total of 745 stores in 33 states...Giant Food Stores plans to open 3 more Philadelphia locations for its Giant Heirloom Market store concept this year. This will give the chain 5 stores in the Philadelphia city limits…Tire Pros has added 9 new franchise locations in California, Idaho, Indiana, Louisiana, Oregon, Tennessee, Texas, Utah and Virginia...Chipotle Mexican Grill opened its 2,500th restaurant this month in Concord, CA... Swiss watch company Tissot opened a new 2,800 s/f concept store in Manhattan that celebrates its status as official watch and timekeeeper of the NBA.

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