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More than 2,000 new stores are opening in 2019 as Dollar General, TJ Maxx, and Aldi defy the retail apocalypse

Hayley Peterson   

More than 2,000 new stores are opening in 2019 as Dollar General, TJ Maxx, and Aldi defy the retail apocalypse

Walmart

AP

Retailers are planning to open hundreds of new stores this year.

  • Dollar General, Aldi, TJ Maxx, Costco, and Walmart are among more than a dozen retailers that are planning to open new stores in 2019.
  • Overall, retailers plan to open more than 2,000 new stores this year, according to a Business Insider analysis.
  • This compares to the 5,300 stores that retailers are planning to close this year.

The US retail industry is undergoing a period of massive upheaval that has led to record-high rates of bankruptcies and store closures over the last several years.

Amid these losses, some retailers are thriving and continue to pursue physical growth strategies, with at least one - Dollar General - planning to add nearly 1,000 stores this year.

Many of the retailers that are opening new stores in 2019 are discounters, including Dollar General, Dollar Tree, Aldi, and TJ Maxx.

Other companies adding stores this year include Target, Walmart, Costco, and Whole Foods. Some, like Kohl's and Abercrombie & Fitch, plan to close about as many new stores as they are opening.

Overall, retailers plan to collectively open more than 2,000 new stores this year, according to a Business Insider analysis based on company data.

Here's the full list of companies opening stores.

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