Why foreign retailers like Primark and Mango are expanding across the U.S. [MSNBC.com]
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Source: MSNBC.com
ELMHURST, NY — One of the newest additions to Queens Center is a store that many local mallgoers may not recognize.Along with well-known mall staples likeMacy'sAmerican EagleBath & Body WorksAcross the country, a growing number of malls and shopping centers are getting a dose of international influence. ers including Primark, Spain-based Mango, Canadian retailer Aritzia and Japan-based Uniqlo are adding new stores across the U.S. — and pushing into regions where they haven't gone before, outside of coastal cities like New York City or Los Angeles.Primark store at the Queens Center mall in Elmhurst, NY.Melissa Repko | CNBCNearly 19,000 stores opened in the U.S. between 2018 and 2023 and about 28% of those were foreign-owned retailers, according to the most recent available figures fromAnd in the past few years, retailers based in Europe or elsewhere around the world have announced ambitious U.S. expansion plans.Primark, which has 29 stores in the U.S., plans to reach 60 locations in th
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