H&M opening 225 new stores (yes, really)

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Good news! (We couldn't believe it either.) H&M, home of many trendy clothing items under $10, is taking advantage of current consumer tendencies to bargain shop. The world's third-largest fashion chain (based on revenue) just announced plans to open 225 new stores in 2009. Their first Beijing location opens today, one of five or six upcoming China posts. Other regions they're targeting for new stores include the Middle East and Japan—bringing their total number of venues to just under 2,000.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by Josey Miller published on April 23, 2009 11:21 AM.

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