Impressive Retail Expansion Plans for 2011

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Retail expansion plans for this year are up 40% over last year buoyed by 2010 holiday season’s strong performance.  Nearly every region in the United States is experiencing resurgence with strongest growth in areas with the lowest unemployment.

Growth plans are up and interest rates are down plus lenders are competing again.  It sounds like its going to be a good year

According to the report, some of the most active retailers currently include;

• 7-Eleven is hoping to open as many as 350 stores in the U.S. and Canada this year.
• 99 Cents Only is planning on at least 25 new units.
• Aldi is planning on at least 100 new stores in 2011.
• Apple will add at least 50 new stores in 2011.
• AT&T–expect at least 100 new cellular stores this year.
• Bottom Dollar Food could add as many as 110 stores in 2011.
• Burlington Coat Factory is planning on at least 20 new stores.
• Chico’s could add as many as 40 units in the next 18 months.
• Citi Trends may open as many as 65 new stores this year.
• CVS will open as many as 275 stores this year.
• Dick’s Sporting Goods could see as many as 40 new stores this year.
• Dollar General plans on 625 new stores in 2011.
• Dollar Tree will open as many as 275 stores this year.
• Family Dollar has 300 stores on tap for 2011.
• Five Below plans on at least 50 new stores this year.
• Forever 21 could be looking at as many as 50 new stores this year.
• Fresh & Easy could open as many as 60 stores this year.
• HHGregg could be opening as many as 60 stores this year.
• Jo-Ann Stores could open as many as 50 units in the next twelve months.
• Pep Boys may open as many as 55 new stores.
• Ross Dress for Less/dd’s Discount are likely to open 60 stores this year.
• Save-A-Lot will open as many as 100 new stores this year.
• Tractor Supply has plans for as many as 75 units in 2011.
• ULTA has 60 stores planned this year.
• Verizon Wireless should add at least 125 stores.
• Walmart could be adding as many as 400 stores throughout North America over the next 30 months.

CoStar News Retailers Growth Plans For 2011