More Retailers are Investing in Physical Stores

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Key Points

This report discusses six prominent retailers’ investments in physical stores and the reasons why investments in stores are on the rise.

  • Tiffany and Co. will renovate its flagship store on Fifth Avenue, New York City. The three-year project will start in February 2019 and is scheduled for completion in late 2021.
  • Walmart will revamp 500 of its stores and open 20 new ones as part of an $11 billion investment plan.
  • Target is investing $1 billion-plus toward remodeling approximately 325 stores across the US.
  • Publix Supermarkets is investing $1.5 billion to revamp existing stores, open new stores, upgrade technology and acquire shopping centers in 2018.

This report discusses six prominent retailers’ investments in physical stores and the reasons why investments in stores are on the rise.

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