|
Who's Opening & Where
|
|
|
Who's Opening & Where The Neiman Marcus Group, Inc. (214-741-6911) is planning to open a new store concept called Cusp. The stores, catering to a younger customer, will sell contemporary apparel, handbags and shoes at lower prices than a Neiman Marcus store and will be decorated with polished concrete floors and exposed ceilings. Four test stores are slated to open in the coming several months, with two in the Washington, DC area and one in Los Angeles, CA. Neiman Marcus department stores offer women’s and men’s apparel, accessories, fine jewelry, china, crystal and silver. The Neiman Marcus Group operates 35 Neiman Marcus stores throughout approximately 20 states and Washington, DC, as well as two Bergdorf Goodman stores in New York, NY and 17 Last-Call clearance centers that sell marked-down items.
Supervalu, Inc. (952-828-4000) is planning to open six Jewel-Osco stores and will remodel 18 of the stores it acquired from Albertsons. Supervalu became the second largest traditional U.S. supermarket chain when it completed the acquisition of most of Albertsons, Inc.’s grocery stores. Jewel-Osco currently has approximately 200 stores, mainly in the Chicago, IL area. The company currently operates approximately 2,500 stores nationwide. Supervalu is also one of the nation’s largest food wholesalers, supplying about 2,200 grocery stores in 48 states with namebrand and private-label goods.
Domino’s Pizza, Inc. (734-930-3030) is aggressively expanding its presence worldwide, while also expanding its domestic growth. The company, which currently operates 8,124 stores, has plans to open its 10,000th store within the coming few years. Domino’s has more than 500 stores in Mexico, 300 in Britain and Australia and 200 in South Korea and Canada. Domino’s sees growth potential of about 800 more stores in the U.S., with a focus on northern CA and Chicago, IL. Domino’s menu features several different styles of pizza with a wide array of topping options, as well as additional items such as bread sticks, cheese bread, and chicken wings. Its stores are principally delivery locations and generally do not have any dine-in seating.
Banana Republic, Inc. (650-952-4400) is planning to open an 8,000 sq.ft. full flagship Banana Republic store in spring 2008 on the planned urban village at the former Myrtle Beach Air Force Base in Myrtle Beach, SC. The store will offer merchandise not found at the area’s factory outlet and will sell its full range of men’s, women’s, petites and shoe lines. Banana Republic currently operates nearly 500 stores around the U.S., Canada, and Japan.
Bed Bath & Beyond, Inc. (908-688-0888) is planning to open 75 to 80 stores during fiscal 2006. Bed Bath & Beyond currently operates more than 740 stores throughout 46 states and Puerto Rico. The stores’ stock namebrand and private-label goods in two main categories: domestics, such as bed linens, bathroom and kitchen items, and home furnishings such as cookware and cutlery, small household appliances, picture frames, and more.
Darden Restaurants, Inc. (407-245-4000) is planning to open more restaurants this year. The company currently operates almost 600 Olive Garden restaurants and almost 700 Red Lobster locations. It also operates two other smaller concepts called Bahama Breeze and Smokey Bones, as well as the Seasons 52 chain.
Good Times Restaurants, Inc. (303-384-1411) opened a Good Times restaurant at the Village East Shopping Center, located at the intersection of Powers and Barnes in Colorado Springs, CO. The company currently operates 45 restaurants, mostly in CO.
Meijer, Inc. (616-453-6711) is planning to open five Meijer stores this year. The stores will feature wider aisles and lower shelving units to provide more light. The company currently operates more than 170 combination supermarket and general merchandise stores; about half are in MI, while the rest are in IL, IN, KY and OH. Its stores, which average 200,000 sq.ft. to 250,000 sq.ft. each, stock about 120,000 items, including Meijer private-label products. Customers can choose from about 40 departments, including apparel, electronics, hardware and toys. Most stores also sell gasoline, offer banking services, and have multiple in-store restaurants.
Sam’s Club (479-277-7000) is planning to open a 130,000 sq.ft. Sam’s Club store at the intersection of Piedmont and Westover in Danville, VA. A division of Wal-Mart Stores, Sam’s Club accounts for nearly 13% of Wal-Mart’s sales. Sam’s Club runs approximately 565 “no frills” stores throughout 48 U.S. states, plus another 100 or so stores in Brazil, Canada, China, Mexico and Puerto Rico. The chain’s 46 million-plus members, many of them small-business owners, pay an annual fee to shop there. The stores average 129,000 square feet and offer more than 4,000 discounted items, including bulk office supplies and food, electronic goods, jewelry, clothes, insurance and travel services, and Member’s Mark store-brand products. Most clubs sell fresh meat and produce and have bakeries.
Sbarro, Inc. (631-715-4100) is planning to open more than 25 restaurants in Guatemala, El Salvador, Honduras, The Bahamas and Romania. In each country, Sbarro will be the first company to offer pizza-by-the-slice and a full, quick-service menu consisting of more than 200 authentic Italian items. Franchisers in each country have committed to opening new Sbarro units within the next five years in major metropolitan areas. Within the past four months, Sbarro has announced development agreements for more than 75 international units, including 30 restaurants in Mexico and 20 in Egypt. The company currently operates and franchises nearly 1,000 cafeteria-style Italian-food stands across the U.S. and about 30 other countries. Serving pizza, pasta entrees, and salads, Sbarro’s units are typically found in high-traffic locations, such as malls, downtown locations, and toll-road rest areas.
Shoe Pavilion, Inc. (818-907-9975) is planning to open 20 larger-format Shoe Pavilion stores this year. Shoe Pavilion is a discount shoe retailer with nearly 90 stores in CA and four other western states. Its self-service style stores are typically located in outlet and strip centers. Shoe Pavilion sells namebrand shoes such as Ralph Lauren, Steve Madden, and Nine West at discount by purchasing manufacturers’ overruns; buying shoes directly from Italian and Chinese factories; and purchasing shoes during off-peak production periods.
BJ’s Restaurants, Inc. (714-848-3747) is planning to open as many as six more restaurants during the remainder of fiscal 2006. Additionally, the company’s fiscal 2007 restaurant development plan is nearly completed, with five signed leases and several signed letters of intent already in hand. BJ’s Restaurants (formerly Chicago Pizza & Brewery) currently owns and operates approximately 50 restaurants in six western states, mostly in CA, under the names BJ’s Restaurant & Brewery, BJ’s Pizza & Grill and BJ’s Restaurant & Brewhouse. The casual-dining eateries offer Chicago-style pizza, salad, sandwiches, pasta, and the company’s own hand-crafted beers. Its 11 Restaurant & Brewery locations, which feature an onsite microbrewery, help supply beer to the rest of the chain.
Coldwater Creek, Inc. (208-263-2266) is planning to open a store at The District at CherryVale, a 786,000 sq.ft. center located in Rockford, IL. The center will feature an open-air, streetscape setting with unique storefronts, extensive landscaping and pedestrian-friendly walkways. The mall is currently 99% occupied and is anchored by Bergner’s, JCPenney, Marshall Field’s and Sears. The upscale multi-channel retailer sells mostly traditional apparel through several catalogs, a Web site, some 175 full-line retail stores, and about 20 outlets, targeting middle- and upper-income baby boomers. Northcountry, the company’s main catalog, features women’s apparel, jewelry, and art. Spirit offers more upscale women’s apparel and jewelry, while its Sport catalog features casual women’s activewear; all apparel catalogs include plus-sizes.
Too, Inc. (614-775-3500) is planning to open 65 to 70 Justice stores this year, as well as eight Limited Too stores. The company’s Limited Too chain of about 575 stores throughout 46 states and Puerto Rico offers apparel, shoes, accessories, cosmetics, and even furnishings to trendy “tweens” (girls ages 7-14). The company also operates approximately 102 Justice stores, also aimed at ‘tween girls. In addition Too sells through its Web site and through “catazines” (catalogs with editorial content). Too has about 20 licensed stores in the Middle East.
Citi Trends, Inc. (912-236-1561) is planning to open an additional 25 to 28 stores this year, bringing the total of stores opened to 278. The urban fashion apparel and accessory chain operates approximately 253 stores throughout 16 U.S. states, with focus primarily on the African-American market. Its namebrand and private-label offerings, which include hip-hop jeans and oversized T-shirts; men’s, women’s, and children’s clothing; shoes; housewares; and accessories, are sold at 20% to 60% less than department and specialty stores’ regular prices.
Fractured Prune (410-250-4400) is planning to open a franchised location in Raleigh, NC. The company, which sells doughnuts, currently operates, or has commitments for, locations in Ocean City, MD; Rehoboth, DE; Lusby/Solomons Island, MD; West Ocean City, MD; Silver Spring, MD; Rockville, MD; Dupont Circle in Washington, DC; Ellicott City, MD; Annapolis, MD; Perry Hall, MD and Cloverly, MD.
99 Cents Only Stores (323-980-8145) is planning to increase its store growth by approximately 10% by opening stores in current markets, mainly in CA. 99 Cents Only Stores sells closeout and regular general merchandise for 99 cents or less. With approximately 234 stores, the company sells brandname and private-label food and beverages, health and beauty aids, household goods, toys and more. Most of the company’s stores are in southern CA, but there are also a few in central CA, Las Vegas, NV; Phoenix, AZ and TX. The firm’s Bargain Wholesale unit distributes discounted merchandise to retailers, distributors and exporters.
|