AT&T To Open 1,000 New Retail Locations In Smaller U.S. Cities

AT&T is swimming against the national tide in retail with an ambitious expansion plan.

The phone and communications giant announced it will open 1,000 new stores across the country in the coming years, Chain Store Age reports. That expansion will include hundreds of stores selling mobile devices in smaller towns and cities in America, contrary to the trend of national retailers largely leaving such areas for safer, more urban markets.

Also part of AT&T's expansion is a push toward opening pop-up stores within apartment and condo buildings and other nontraditional locations within urban centers. The company reportedly is planning to open 100 of those pop-ups this year, which it says can be up and running within 60 days of a lease being signed.

AT&T did not go into detail about how such temporary locations would affect its new store count.

AT&T's announcement comes months after its victory in court that paved the way for it to acquire Time Warner for $85B, while representing another significant capital expenditure. In its expansion announcement, AT&T clarified that the stores will not be uniform, and did not mention any involvement of Time Warner brands or content.

Other retailers pursuing major expansions in the coming years include Amazon, which is reportedly mulling a 3,000-store rollout of its autonomous Amazon Go convenience stores.

If both strategies proceed, it could have a significant impact on retail occupancy across the country.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Forget Buildings, Retailers Are Leasing Environments

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme