"The third quarter saw strong year-over-year top line growth, driven by a tripling of our store count from a year ago as we continue to successfully execute our international omni-channel strategy with a specific focus on expanding our retail network," said Fred Mannella, Chief Executive Officer, LXRandCo. "Since the end of the second quarter, we have announced four new partners and opened 67 new stores, and at this time, we have surpassed our stated goal of having 122 stores open at the end of 2017. I'm tremendously proud of the hard work and dedication of all the people across our organization that are responsible for making this very aggressive goal a reality. The upcoming holiday season is our busiest period of the year and now with 128 stores in six countries, we look forward to our best ever."
As more bricks-and-mortar retailers fall victim to e-commerce, it seems the only tenants that can afford the commercial podium spaces are large chains