Analysis by RBC Capital Markets shows that U.S. retailers are planning to open 42,757 stores over the next 12 months, and some 83,700 locations over the next two years, both five-year highs, according to a summary of the research by CoStar Group's Mark Heschmeyer. The forecast represents 2.8% YOY growth for the retail sector.
Among the retailers with major expansion plans are Subway, Dollar General, Five Guys Famous Burgers and Fries, and Family Dollar; all are planning to open more than 1,000 locations in the next two years. Heschmeyer also broke down the numbers by sector, showing that pawn shops, toy stores, and men's apparel will see the greatest growth.
Read CoStar's report: "Store Opening Train Starting to Roll? Openings Seen Reaching New High"
Related Stories
| May 11, 2012
Chapter 8 High-Performance Reconstruction and Historic Preservation: Conflict and Opportunity
What historic preservationists and energy-performance advocates can learn from each other.
| May 11, 2012
VFA to acquire Altus Group's Capital Planning division
Strategic move strengthens VFA's facilities capital planning market osition in North America.
| May 11, 2012
Betz promoted to senior vice president for McCarthy’s San Diego Office
He will oversee client relations, estimating, office operations and personnel as well as integration of the company’s scheduling, safety and contracts departments.
| May 11, 2012
CRSI appoints Brace chairman
Stevens also elected to board of directors and vice-chair.
| May 11, 2012
Dempster named to AIA College of Fellows
Altoon Partners’ technical and construction services leader honored for his contributions.
| May 11, 2012
AIA launches education and training portal
New portal to host Contract Documents training, education resources in one convenient place.
| May 10, 2012
Chapter 7 When Modern Becomes Historic: Preserving the Modernist Building Envelope
This AIA CES Discovery course explores the special reconstruction questions posed by Modern-era buildings.
| May 10, 2012
Chapter 6 Energy Codes + Reconstructed Buildings: 2012 and Beyond
Our experts analyze the next generation of energy and green building codes and how they impact reconstruction.
| May 10, 2012
Chapter 5 LEED-EB and Green Globes CIEB: Rating Sustainable Reconstruction
Certification for existing buildings under these two rating programs has overtaken that for new construction.
| May 10, 2012
Chapter 4 Business Case for High-Performance Reconstructed Buildings
Five reconstruction projects in one city make a bottom-line case for reconstruction across the country.
