For over 75 years, Giant Food has been operating under a single goal: delivering unmatched selection, quality, and value. It’s now expanding its operations in the northeast region.
With economic recovery as a nation in a constant state of rise and fall, some retailers are finding growth in a time filled with uncertainty. For some retailers, economic relief and recovery will not come in time, but for others, it will bolster their expanding businesses. One of those places includes Arizona, with a population of over 7 million, and upwards of 80k total retailers, some of which are still expanding despite the turmoil and fallout from the pandemic. Here are a few retailers who are expanding in Arizona.
Retailers in New Mexico have dealt with a whirlwind as they struggle to maintain a sense of normalcy during the pandemic. Bordered by Texas and Oklahoma, New Mexico is the 36th largest state by population with 2.35 million residents, projecting to hit the 2.5 million mark by 2025. And primed for unique retail expansion.
Following a successful holiday season, the retailer has plans to expand with 170 locations.Five Below has announced it will be expanding following a successful holiday season. The retailer will open 170 stores over the next nine months to bring its total to more than 1200 locations.
Luxury chocolatier, Godiva, is getting out of the brick and mortar business in the United States, citing the pandemic as the reasoning for shuttering locations. Godiva, a nearly 100-year old luxury chocolatier, is quickly leaving the brick and mortar business in North America as a strategy to boost global online sales.
Retail sales are on the rise. Here’s what that could mean for the immediate future in retail.In a September retail sales report, data showed that sales grew by 1.9%, beating expectations and reversing August’s sales growth that fell short of estimates. With retail sales fluctuating, is it time for retailers to begin preparing for more growth?
Bankruptcy was a trend as businesses tried to stay afloat during the ongoing COVID-19 pandemic. Retail bankruptcies reached the highest in a decade, and the numbers included these influential retailers. In early 2020, the COVID-19 pandemic took over the United States, which caused government-sanctioned shutdowns, and the aftermath on retailers presented quite the fallout.
There’s a signature curry chicken-joint headed to DuPont Circle and Bethesda Metro. Known for its experimental concept in 2019, opening early lunch and closing after serving 300 Butter Chicken trays, the company has seen a surge in demand that supports expansion. Still, wondering what it is? It’s Butter Chicken Company.
The retail group Tailored Brands Inc. emerges from bankruptcy after permanently closing more than 30 Men’s Wearhouse locations.Tailored Brands Inc., the Houston-based business, filed for bankruptcy in early August due to decreased demand for suits and formal fashion as stay-at-home orders kept consumers indoors.
As the coronavirus pandemic continues to change the retail landscape, some retailers are tapping out with store closures and bankruptcies. For other retailers, business is expanding, and grand openings are continuing. Georgia, whose landscape includes beaches, farmland, and mountains, is the 8th most populous state in the US and the home to many thriving retailers. Here’s a list of retailers growing and thriving in the state.