While a strong digital business matters, physical stores offer tangible benefits for consumers and give franchisees a real-world touchpoint with customers. Explore how these retail brands balance store expansion and their online presence.
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Plato’s Closet—a subsidiary of Minneapolis-based Winmark Corp.—grew systemwide sales by $150 million in 2021, to $594.4 million, to come in at No. 146 on the Top 500 list. The brand’s 33.8 percent growth came with the addition of just four stores to the system in 2021.
As inflation rates and sustainability concerns continue to rise, consumers are turning to secondhand stores for their clothing needs. Retail a…