We started off the year writing articles on GlobeSt.com announcing plans by majorretailers to either shut down or scale back their expansion plans.Ethan Allen is consolidatinglocations, Talbots is discontinuingits men's and children's chains and Pier1 and RubyTuesday are holding off on new units. This doesn't surprise us,given the current recession concerns.But other retailers are doing the exact opposite.Urban Outfitters recently acquireda gardening business, and executives plan to ramp that up. AmericanEagle Outfitters is expanding its Aeriechain and is launching new concept called 77kids.Coach's management announced today that they see the potential for500 stores in North America, up from the 282 they currentlyoperate.So will we see more this coming year of eithertrend?One would think that there could be some pull back if pooreconomic conditions continue. But at the same time, retailers areconstantly looking for new ways to grow their business and find anuntapped customer base.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.