Sephora plans to open 100 new stores from Charlotte to Nashville as it ramps up its presence outside
Sephora announced Tuesday that it plans to open as many as 100 new stores across North America in 2020.
The new location will open in 75 different cities including Charlotte, North Carolina; San Jose, California; and Nashville, Tennessee.
"There's no doubt that there's a trend toward more local shopping destinations," Jeff Gaul, senior vice president of Real Estate and Store Development at Sephora, said in a statement to the press on Tuesday. "This year, clients can expect to see more Sephora stores not only in malls and high-traffic shopping centers, but also closer to home."
Sephora has more than 490 standalone stores in the US, many of which are located in malls, which have been badly hit by the retail apocalypse as anchor stores such as Sears and JCPenney's close and traffic to these shopping centers dries up.
https://www.businessinsider.com/sephora-opens-100-stores-focuses-growth-outside-of-mall-2020-2?op=1
Not all the news in the Retail Sector is bad and while this hardly makes up for the losses being seen, it is a bit of a bright spot.