Here Are 14 Retailers That Are Still Expanding in a Pandemic
COVID-19’s toll on the retail sector has been drastic. But some retail chains have been uniquely well-positioned for a recession in which many people are spending a lot of time at home.
September 2, 2020 | Liz Wolf | National Real Estate Investor
While some retailers are closing thousands of physical stores and cancelling expansion plans due to sharp increases in online shopping and widespread shutdowns to curb the spread of the coronavirus, other brands are still growing their bricks-and-mortar footprints.
In fact, some are planning to add dozens and even hundreds of stores in 2020 and beyond.
“There are definitely tenants on my radar who are actively expanding despite current market conditions,” says Lanie Beck, director of corporate research at Stan Johnson Co., which specializes in net lease investments.
