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Retailers plan expansion in 2011 March 1, 2011

Posted by Erik Swanson in Articles, Development, Research/Data, Retail News.
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According to ChainLinks Retail Advisors , nearly every region in the country will see an increase in retailer expansion this year. In their just released National Retailer and Restaurant Expansion Guide, ChainLinks details the expansion plans for over 400 of the largest chains in the country.  Plans for some of the more notable retailers include 7-Eleven (as many as 350 new stores), Apple (at least 50 new stores)  and Wal-Mart (over 400 stores throughout the US in the next 30 months). On the food side, the news is equally encouraging. Companies like Five Guys Burgers, Denny’s, Starbucks, Panda Express are among a long list of restaurants looking to grow units significantly over the next year.

…the current surge demonstrates to us two key factors; the return of optimism within the retail sector, and the desire to expand quickly now-while rents are still low.     -Garrick Brown, ChainLinks Retail Advisors 

Costar provides a more detailed list here.

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