The Expansion of Discount Brands

Based on stepped-up consumer demand for bargains, discount brands sit “at the forefront of the expansion race” in retail, according to Northmarq’s Top 100: Tenant Expansion Trends report. “Several brands are focused on aggressive store openings and innovative concepts to align with shifting consumer needs and preferences,” said Northmarq. These discount brands include Dollar General, Aldi, Five Below, Burlington, Ross Dress for Less, Ollie’s Bargain Outlet & TJX Cos., whose U.S. brands are TJ Maxx, Marshalls, HomeGoods, Homesense and Sierra.

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