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re: Retail bloodbath continues, more stores closing
Posted on 3/20/24 at 9:11 pm to WPBTiger
Posted on 3/20/24 at 9:11 pm to WPBTiger
Completely misleading post. In 2022 and 2023 more stores opened than closed. It is expected to be the same in 2024.
Walmart is adding or converting 150 stores over the next 5 years. They are renovating 650 stores over the next year or so. Just considering Walmart has over 4600 US locations plus over 500 Sam's Club locations.
Target is adding 300 stores over the next 10 years.
Macy's is opening 30 stores by end of 2025.
Academy is adding nearly 150 stores over the next 3 years or so.
Boot Barn is adding over 50 stores this year.
Burlington is opening 100 stores in 2024. Ross is opening 90.
Rite Aid has long been a mess.
Locally in the New Orleans metro area retail real estate is as strong as it has ever been. There is very little vacancy.
Walmart is adding or converting 150 stores over the next 5 years. They are renovating 650 stores over the next year or so. Just considering Walmart has over 4600 US locations plus over 500 Sam's Club locations.
Target is adding 300 stores over the next 10 years.
Macy's is opening 30 stores by end of 2025.
Academy is adding nearly 150 stores over the next 3 years or so.
Boot Barn is adding over 50 stores this year.
Burlington is opening 100 stores in 2024. Ross is opening 90.
Rite Aid has long been a mess.
Locally in the New Orleans metro area retail real estate is as strong as it has ever been. There is very little vacancy.
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