Dive Summary:
- Capping off its solid sales and revenue report, Uniqlo has announced it plans to expand its brick-and-mortar presence in the U.S. by fall of 2013.
- The retailer has plans for 10 new physical stores throughout the U.S., in addition to the current locations which the company currently operates.
- According to a statement from fast retailing, the expansion will “represent the company’s goal for a continued expansion within the important US market.”
From the article:
... Besides the Big Apple, the Bay Area has become a favorite location. Besides San Francisco, there will also be stores in Emeryville, San Mateo, and Santa Clara. “The Bay Area is a strong market for retail expansion,” said Tom Spilsbury, who works as a broker in a commercial realty firm. UNIQLO now takes on “the ambitious plan to hire and train several hundred full-time and part-time employees at all levels” in order to man the ten new stores this fall. ...
