These 10 Retailers Are In Expansion Mode: Here’s Who Is Opening New Stores

In a 180-degree turn from 2020, retailers’ expansion plans are outpacing plans to close up shop so far this year. U.S. retailers have announced 3,199 store openings and 2,548 closures year-to-date, according to a tracking by Coresight Research. For comparison, the firm recorded a whopping 8,953 closures, along with 3,298 openings last year, as the Covid pandemic upended the retail industry and pushed dozens of businesses into bankruptcy. Now, though, the country is seemingly turning a corner. The rollout of the Covid vaccine keeps ramping up, another round of stimulus checks is landing in many Americans’ bank accounts, and companies are by and large predicting a strong rebound of the consumer. Read more at CNBC.