Overview of Retail Growth in 2026
The largest U.S. retail chains are collectively planning to open over 1,118 new store locations in 2026, thus the retail sector will witness a drastic shift towards physical expansion. According to research done by Coresight Research, this growth is almost equal to the number of planned store closures which is only half of the growth.
The retailers’ data shows a trend that the retailers are investing in the physical presence in the market though the industry is adapting to changing consumer habits and e-commerce growth. Retailers that deal with third-party products or offer services in the stores are likely to be among the ones with the greatest potential for expansion.
Major Retailers Driving Expansion
Dollar General heads the list
Discount retailer Dollar General intends to add around 450 new outlets during the year 2026. While this pace for expansion is slower than in 2025, the company is still building up its presence across the United States. Having opened over 20,000 shops already, Dollar General has pinpointed roughly 11,000 more regions where it can set up new stores in future.
In addition, the company is going to bring in groceries and health and beauty items in new stores as well as renovate 4000 already established locations. Instead of taking the opportunity to put up their own stores in the vacant space left by the pharmacies that have closed, Dollar General is directing its effort to make investments in rural areas that are under served.
Off-Price Retailers Expanding Rapidly
- Currently, Ollie’s Bargain Outlet, which has a total of 645 stores, wants to add 75 new outlets by 2026 and moderate their yearly increase with about 10% till they reach 1,300 stores. The strategy includes the takeover of ex-Big Lots locations.
- Burlington is also eyeing to add approximately 110 new retail outlets and will be leasing the space from defunct brands.
- The TJX Companies, which encompass T.J. Maxx, Marshalls, and HomeGoods, will increase their global presence by around 130 new stores, with majority of the growth coming under the HomeGoods brand.
Other Retail Chains Boosting Footprint
Barnes & Noble
The bookstore chain intends to set up 60 stores in 2026, which is part of its revival plan after the acquisition by Elliott Management.
Ulta Beauty
After the dissolution of its partnership with Target, Ulta’s new strategy will include approximately 66 new locations, smaller format testing, and refocusing efforts.
Wholesale Club Growth
- Costco is planning 28 new club openings, and half of the total will be in the United States.
- BJ’s Wholesale Club will inaugurate 9 new retail units in the U.S.
- Walmart’s Sam’s Club is to have a total of six new locations in various states.
Why This Expansion Matters
Industry experts consider the new wave of store openings as a direct reply to consumers’ requirement for getting a physical shopping experience, good prices, and services that accompany online channels. Retailers that are focusing on price, in particular, are witnessing such strong traffic patterns that they feel the need to invest even more in their physical locations.
