Observed Signal · Aug 12, 2026 · Store Expansion · Source: Retail Dive · Impact: 2/5 · Sentiment: Positive
Bealls to Open 13 Stores, Expands NYC Office
Off-price retailer Bealls Inc. plans to open 13 new stores across six U.S. states this fall and has expanded its New York City buying office to deepen vendor relationships and merchandising capabilities. The company said the larger NYC presence will provide greater access to brands, vendor partnerships, talent and product opportunities. The move comes as off-price competitors continue aggressive expansion — Nordstrom, TJX, Ross and Burlington are all opening new stores this year — signaling increased competition for price-conscious shoppers.
Announces regional brick-and-mortar expansion and an enlarged NYC buying office by an off-price retailer amid sector-wide store openings; relevant to retail real estate, vendor relationships and competitive dynamics but not industry-shifting.
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Key Takeaways & Evidence Grounding
- Bealls Inc. plans to open 13 new store locations across six states this fall.
- Bealls has expanded its buying office in New York City to increase access to brands, vendors and talent.
- Bealls first opened a buying office in New York City’s Garment District in 2024.
- Nordstrom is planning to open 23 Rack stores in 2026; TJX is set to open 146 net new stores (over 100 in the U.S.); Ross Stores opened 47 stores in June and July and is projected to open 110 new stores this year; Burlington plans to open 115 new stores this fiscal year.
- Suzanne Santangelo, director of communications at Bealls, said the expanded NYC office strengthens Bealls’ position among off-price retailers and supports merchandising capabilities.
Connected Companies & Entities
4 Entities mapped“Other off-price retailers are also expanding this year, with Nordstrom planning to open 23 Rack stores in 2026....”
“TJX set to open 146 net new stores, with over 100 of them in the U.S....”
“Burlington plans to open 115 new stores this fiscal year....”
“This website is owned and operated by Informa TechTarget, a global network that informs, influences and connects the world’s technology buye...”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Ross Opens 47 Stores, Plans ~110 in 2026
Ross Stores accelerated its brick-and-mortar growth by opening 47 new locations in June and July — 35 Ross Dress for Less and 12 DD’s Discounts — and is on track to open about 110 stores in 2026 (~5% unit growth). Company executives highlighted continued expansion in Puerto Rico, New York, Michigan and deeper presence in Sunbelt states, while noting most growth remains within existing markets. Ross reported strong first-quarter results with $6 billion in sales (up 21% year-over-year), comparable-store sales up 17% and net income of about $650 million (nearly +36%). Credit agency commentary and industry trends show off-price retailers continuing to take market share from mainstream department stores.
Target to Open 11 Stores in July
Target will open 11 new U.S. stores in July as part of its 2026 expansion plan, adding locations that exceed the chain’s average store size. The new stores — located across Arizona, California, Colorado, Florida, Kentucky, Massachusetts, South Carolina, South Dakota, Texas and Utah — include six sites larger than 140,000 square feet (above Target’s 125,000-square-foot average). The openings contribute to a company goal of 30 store openings in 2026 and a longer-term ambition to reach 300 locations by 2035 under CEO Michael Fiddelke’s turnaround plan. Target reported stronger Q1 results (net sales +6.7% year-over-year to $25.4 billion) and has announced a $1 billion operational investment this year. The company had opened 13 stores earlier in 2026.
Salomon Aims to Double U.S. Stores by 2028
Salomon is accelerating its North American retail expansion ahead of its 80th anniversary, aiming to roughly double its U.S. footprint. The brand opened a new Flatiron Street store in New York in July, bringing standalone U.S. locations to six, and plans additional openings including Beverly Hills this fall. Salomon expects its U.S. store count to reach about 12–15 by the end of 2027, targeting major cities such as Boston, San Francisco and Miami. The company emphasizes four-wall profitability, community-focused store programming, and a combined strategy of owned stores plus expanded wholesale distribution (its ‘Epicenter’ strategy). Salomon is owned by Amer Sports, which reported strong recent revenue growth and said Salomon surpassed $2 billion in sales in 2025. In North America roughly two-thirds of Salomon’s business comes from wholesale partners (REI, Nordstrom, Fleet Feet) and about one-third from direct channels.
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