Question · Q3 2026
Grace Cheong asked for more details on the 2026 pipeline of 75 stores, including drivers, any differences in the new store pipeline, the real estate environment, and longer-term unit growth.
Answer
Eric van der Valk (President and CEO) stated that 75 stores are guided for 2026, with most leases signed. He noted that the real estate environment still offers vacancies from distressed retailers, including a disproportionate number of Big Lots stores available on the open market, which are favored "warm boxes." He expressed confidence in the 75 stores as the right number balancing accelerated growth with other strategic priorities.
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