Rent is cheap, vacant space is everywhere: Retailers seize the moment to open stores

Originally published on March 18, 2021, by Lauren Thomas for CNBC.com.

For the first time in years, retailers across the country are planning to open more stores than they are closing.

From Ulta Beauty and Sephora to Dick’s Sporting GoodsFive Below and TJ Maxx, businesses are rebounding from the Covid pandemic and dusting off expansion plans that were put on hold.

In the latest example, athletic apparel retailer Fabletics said Thursday that it will open two dozen stores in the United States this year. Even Toys R Us, the beloved toy chain that filed for bankruptcy in 2017 and ultimately liquidated, has a new owner that is looking to open stores ahead of the 2021 holidays.

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