Toys ‘R’ Us announces 2013 global expansion plans; 100-plus stores on tap
Wayne, N.J. – Toys “R” Us on Wednesday unveiled its global growth for 2013, with the planned opening of more than 100 stores, including new locations, the relocation and conversion of 14 stores to its side-by-side format, and 22 new licensed stores. The openings represent the net addition of over 900,000 sq. ft. of retail space to the company’s store portfolio.
Toys “R” Us’ most significant expansion plans for 2013 are in China, where it has already begun operating several of 22 new stores scheduled to open this year. By yearend, the company plans to operate 51 stores in 27 cities throughout China.
The second largest area of growth is the United States, where 19 new, converted or relocated stores are planned to open, including nine new Toys “R” Us Outlet stores – the largest number in a single year since it began opening these smaller format stores in 2010 – bringing the total number to 25 outlet locations nationwide.
Since embarking on its integrated store or side-by-side strategy in 2006, Toys “R” Us has converted approximately 25% of its wholly owned store base to the format, which brings the company’s toy and juvenile product offerings together under one roof.
“This expansion demonstrates our ongoing commitment to our long-term strategy – advancing our business in international markets with high growth potential and the continued integration of our toy and juvenile products businesses by combining Toys “R” Us and Babies “R” Us together under one roof.” said Antonio Urcelay, interim CEO, Toys “R” Us.
Below is the list of new, relocated and converted store locations in the United States and Canada scheduled to open this year:
Ten new, converted or relocated side-by-side stores:
- Upland, Calif.
- Aurora, Col.
- Pensacola, Fla.
- Meridian, Ind.
- White Plains, N.Y.
- Brooklyn, N.Y.
- Beavercreek, Ohio
- Greenville, S.C.
- Garland, Texas
- San Antonio, Texas
Nine new Toys “R” Us outlet locations:
- Camarillo, Calif.
- San Diego, Calif.
- Dawsonville, Ga.
- Woodstock, Ga.
- Pearl, Miss.
- Chesterfield, Mo.
- Barceloneta, Puerto Rico
- Nashville, Tenn.
- Round Rock, Texas
Canada: Six new side-by-side stores:
- Thunder Bay
- South Winnipeg
- Stoney Creek
REI plans fall 2014 opening in Knoxville
Seattle — REI announced plans to open a store in Knoxville, Tenn., in fall 2014.
The 23,500-sq.-ft. store, at Papermill Plaza, will include a bike shop that provides expert assembly and repair services, and a community space to host outdoor-related classes, presentations and events.
“As an outdoor retailer, REI is committed to inspiring and educating people to lead active lifestyles,” said Gail Kirkland, REI retail director for the South district. “Our expertise, programming and products will enhance anyone’s trips to explore outdoor places, like Great Smoky Mountains National Park.”
Starbucks plans to double Clover locations
Seattle – Starbucks Coffee Company is opening its 500th location featuring Clover brewing, with plans to double the number of Clover locations globally by the end of 2014. Starbucks has offered its Starbucks Reserve coffees, a line of rare and exotic small batch single origin coffees brewed with the single-cup Clover system, since 2010.
“We are thrilled to have the opportunity to significantly expand the availability of our rare and exotic Starbucks Reserve coffees with the introduction of the Clover brewing system in many more stores around the world next year,” said Andrew Linnemann, VP, global coffee quality for Starbucks. “By brewing one cup at a time, using freshly ground beans to deliver that handcrafted cup of coffee to order, the Clover brewing system brings theater to the brewing process and enables our baristas to have rich conversations with customers about our coffee.”