Need to know which retailers are the fastest growing in order to prioritize your marketing efforts? Below is a list of chains that have dynamic expansion plans that will see their brand spread across the U.S. These companies have or will have significantly expanded their store portfolios by year’s end, which means they will be prime candidates for new products and facility services.
• Ace Hardware – Ace is the largest retailer owned hardware cooperative in the world and it looks like they will only be growing in the future. The company has already opened 100 new stores this year and they plan to increase that number to 170 by year’s end. (628 contacts found in [CSG’s Hardware PLUS] database)
• BJ’s Wholesale Club – BJ’s is a wholesale retailer that thrives on customer memberships and selling products in bulk. BJ’s has seen significant sales growth and the company has reinvested those earnings alongside making key leadership changes. (98 contacts found in [CSG’s Discount PLUS] database)
• Costco Wholesale Corp. – Costco is a wholesale retailer and one of the largest in the U.S. They are well known for their member friendly deals and in-house prepared foods like rotisserie chicken and pizza. The company has recently expanded their international portfolio in Australia and China, yet the brand has also opened five new locations in the U.S. this summer. (362 contacts found in [CSG’s Discount PLUS] database)
• Dollar General Corp. – Dollar General is a leader in the discount retail industry and one of the most recognizable dollar stores in the U.S. They offer a range of products from canned goods to cleaning supplies at a significant discount from other retailers. The company is currently planning to open over 1,000 new stores this year and the chain has seen a surge of new customers looking for a reprieve from inflation. (211 contacts found in [CSG’s Discount PLUS] database)
• Five Below Inc. – Five Below is a discount retailer with products like toys and candy for their younger target market. The company is enacting their most aggressive expansion plan in history with 200 new locations this year and a plan to convert 400 existing stores to a new format. (83 contacts found in [CSG’s Discount PLUS] database
• Harbor Freight Tools – Harbor Freight is a hardware store that is rapidly expanding across the U.S. The company is known for constantly adding new tools from their brands with more than 500 added last year. They added 122 new locations last year and more new stores are on the horizon. (112 contacts found in [CSG’s Hardware PLUS] database)
• Ross Stores Inc. – Ross is a discount store that focuses on women’s apparel and shoes. They offer name brands at a significant discount by sourcing surplus items and out of season fashions. The company has already opened 27 new locations this year and plans to increase that number to 100 by the end of the fiscal year. (157 contacts found in [CSG’s Apparel PLUS] database)
• Sephora USA Inc. – Sephora is a health and beauty retailer that offers a range of women’s skincare, makeup, and hair products. The company has standalone locations as well as full-sized stores located withing Khol’s department stores. They have already opened several standalone stores this year and will add 250 locations inside of existing Khol’s locations. (221 contacts found in [CSG’s Drug PLUS] database)
• Tractor Supply – Tractor Supply stores offer an array of general goods, hardware, and western wear. The company has been ramping up their annual store openings with 70 new stores this year and an increase to 90 stores per year by 2025. (94 contacts found in [CSG’s Hardware PLUS] database)
• Wawa – Wawa is a convenience store that offers pre-packaged items alongside made-to-order food and beverages. The brand has spread quickly across the U.S. over the last decade with 34 new stores set to open by the end of this year. The company plans to continue their aggressive expansion into next year with a target of reaching 1,800 locations by 2030. (130 contacts found in [CSG’s Grocery & C-Store PLUS] database)
For more information about how to contact these growing retailers, please visit ChainStoreGuide.com.
