Tuesday, February 27, 2018

Batteries Plus Bulbs ramps up expansion

Hardware & Building Supply Dealer

Batteries Plus Bulbs is expanding its footprint.

The company opened 26 stores in 2017, with three corporate locations and 23 franchise-owned. It plans to open 47 stores in 2018, including 14 corporate locations and 33 franchise locations.

Batteries Plus Bulbs niche postitioning, investment in category expansion and emphasis on franchising has proved increasingly successful, with sales growth of 22.5% during the last three years. Same-store sales rose 3.7% in 2017.. . . more