Fast Retailing’s Slow U.S. Expansion

Japanese apparel retailer Fast Retailing remains deliberate in its approach to the growth of its Uniqlo brand in the U.S., with plans for five more stores by mid-year. There are currently 1,300 Uniqlo locations worldwide in 13 countries, but only 17 stores in the U.S. The five new stores the company is adding this spring and summer will be located in King of Prussia, Pa., Stamford, Conn., and Daly City, Concord, and Milpitas, Calif. The company's other existing stores are clustered in the Northeast and Northern California.