rue21 Set to Open New Store Amidst Robust Back-To-School Season
— After recent store openings exceeded expectations by 50%, retailer doubles down on customer strategy —
Buffalo, NY: rue21, one of the nation’s fastest growing specialty retailers, will open a new store at Walden Galleria following a robust back-to-school shopping season. The young women’s fashion retailer will be taking over a 5,200 sq. ft. space on the upper level of the shopping center near Dick’s Sporting Goods this fall. An additional 15 rue21 stores are set to open through the end of the year at strategically selected locations based on a data-driven model. The retailer, which serves the 15-25 Gen Z customer, became a pandemic-era anomaly when it experienced double digit growth last year, enabling aggressive investment in its physical and digital footprints.
“Recent new store openings have demonstrated the importance of our store channel to brand discovery and customer acquisition,” said rue21’s CEO Bill Brand. “Our dynamic in-store experiences have driven customer loyalty and is our model for continued omnichannel growth.”
‘rue rewards’, the brand’s loyalty program that launched last year, is focused on converting new, in-store customers to omnichannel customers. A total of 5.5 million active members participate in the loyalty program.
As many retailers were closing stores during the pandemic, rue21 opened three new stores last year that outperformed expectations by more than 50 percent. The retailer attributes the stores’ success to its data-driven site selection process that is laser-focused on its customer profile. The real estate selection process requires that each location matches perfectly with its customer demographics. Additionally, field teams participate by visiting every site prior to a new location approval.
“rue21’s marriage of data and customer recognition provides the perfect formula for a winning location. The success of the new stores in 2020 fueled investment in the 15 new stores this year,” said Michele Pascoe, rue21’s CFO who also oversees the brand’s real estate strategy. “As we continue to grow the fleet, we can’t wait to welcome more loyal customers to the brand.”
Additional stores are projected to open into 2022. rue21 customers can also shop online at www.rue21.com.
New store openings scheduled for this year:
Jacksonville, FL – The Avenues Mall
Coral Springs, FL – Coral Square
Memphis, TN – Wolfchase Galleria
Columbus, GA – Peachtree Mall
Cypress, TX – Houston Premium Outlets
Camp Hill, PA – Capital City Mall
Grand Rapids, MI – Woodland Mall
Madison, WI – West Towne Mall
Holyoke, MA – Holyoke Mall
Oklahoma City, OK – Penn Square
Tulsa, OK – Woodland Hills
Pembroke Pines, FL – Pembroke Lakes
Waldorf, MD – St. Charles Town Center
Braintree, MA – South Shore Plaza
rue21 is one of the nation’s fastest growing retail destinations, offering a combination of on-trend, quality, and affordable fashion within apparel and accessories, beauty, intimates, and activewear that enable girls and guys, ages 15-25, to explore and express their individuality and personal style. Headquartered just north of Pittsburgh, Pennsylvania in Warrendale, they operate over 652 stores in 45 states and online at www.rue21.com.
About Walden Galleria
Walden Galleria is the Buffalo-Niagara region’s premier shopping, dining, and entertainment destination. With over 200 retailers, 9 sit-down restaurants, an international food court, and Regal Cinemas Stadium 16 with 4DX and RPX theatres with full reclining seats, Walden Galleria truly dominates the retail market. Walden Galleria attracts over 23 million visitors a year by offering an impressive and unique selection of retail, restaurants, and entertainment that cannot be found anywhere else in the market including Anthropologie, lululemon athletica, Free People, Urban Outfitters, Apple Computer, ZARA, Texas de Brazil, The Cheesecake Factory, Dave & Buster’s, Urban Air Adventure Park, 5 Wits and many more! For more information, visit www.waldengalleria.com.
About Pyramid Management Group
Pyramid Management Group is one of the largest, most innovative, privately-held real estate developers in the northeast. Headquartered in Syracuse, New York, Pyramid’s portfolio of dynamic shopping, dining and entertainment destinations and expanding hospitality presence dominate the northeast with 14 properties located throughout New York and Massachusetts. For 50 years, Pyramid has built its reputation on being first, fast, ahead of the curve and always what’s next, leading the industry in combining the best elements of traditional retail with world-class dining and entertainment, all under one roof. For more information, visit www.pyramidmg.com.