Uniqlo Outlines 2024 Store Expansion Plans in US and Canada

Uniqlo Outlines 2024 Store Expansion Plans in US and Canada

13 Dec, 2023

Uniqlo Outlines 2024 Store Expansion Plans in US and Canada

 

Uniqlo, the renowned global retail giant, recently unveiled its expansive plans for furthering its presence in North America, targeting a considerable expansion in the United States and Canada in the coming year.

The brand is gearing up to amplify its footprint in the region by doubling the number of new store openings compared to previous years, eyeing more than 20 new locations across North America by the year 2024. These planned Uniqlo outlets are strategically scheduled to launch in the spring of 2024, strategically positioned in key regions across both the eastern and western parts of the United States and Canada.

In the United States, Uniqlo’s forthcoming sites will include prominent locations such as Providence Place in Providence, Rhode Island, South Shore Plaza in Braintree, Massachusetts, Alderwood Mall in Lynnwood, Washington, Providence Mall in Tacoma, Washington, and Staten Island Mall in Staten Island, New York. Meanwhile, in Canada, Uniqlo’s expansion targets feature CF Fairview Mall in Toronto, CF Market Mall in Calgary, Scarborough Town Centre in Toronto, and Bayshore Shopping Centre in Ottawa.

Expressing his enthusiasm about this expansion phase, Daisuke Tsukagoshi, CEO of Uniqlo North America, highlighted the company’s commitment to reaching more customers in the US and Canada. This move aligns with Uniqlo's long-term strategy, aiming to further penetrate the North American market with its acclaimed LifeWear range designed for men, women, and children. This collection was initially introduced in the US in 2005 and has since been well-received by consumers.

Uniqlo's expansion drive is a pivotal step towards its goal of achieving 200 store locations in North America by 2027. Presently, the brand operates 53 stores in the United States, 19 in Canada, and a thriving online store at uniqlo.com, making it a significant player in the region's retail landscape.

The retail giant has witnessed substantial growth in North America in recent years, particularly during the fiscal year ending on August 31, 2023. Building on this momentum, Uniqlo is poised for continued success in 2024. Beyond just expanding its physical footprint, the company aims for robust double-digit sales growth in its existing locations, underlining its commitment to enhancing customer engagement and satisfaction while strengthening its market position in North America.

 

 


Related News

Canadian Business Leaders Urge Trudeau to Recall Parliament for U.S. Trade Deal

13 Feb, 2025

More than 100 Canadian business leaders have urged Prime Minister…
Read More
Robust new business momentum continues at Canada Life Re with strong performance

11 Feb, 2025

Canada Life Reinsurance, a subsidiary of Great West Lifeco, experienced…
Read More
Trade Uncertainty Acts as Tax on Businesses, Bank of Canada Considers

06 Feb, 2025

Uncertainty surrounding Canada’s trade relationship with the U.S. is creating…
Read More
Trump Imposes 25% Tariffs on Imports from Canada and Mexico

23 Jan, 2025

President Donald Trump has announced 25% tariffs on all goods…
Read More
Bank of Canada Survey Reveals Rising Optimism Amid Trade Tensions

22 Jan, 2025

The Bank of Canada’s latest business outlook survey reveals signs…
Read More
McKesson Corporation Finalizes Divestiture of Rexall and Well.ca Businesses

02 Jan, 2025

McKesson Corporation (NYSE: MCK) announced on December 30, 2024, the…
Read More

© 2025 Business International News. All rights reserved | Powered by Cred Matters.