PLANO, Texas — At Residence Group Inc., the house décor superstore, will open three new shops in July bringing the entire retailer rely to 231 areas in 40 states.
Two of the shops are on the East Coast in Princeton, N.J., and Abingdon, Md., and the third location is on the west coast in Temecula, Calif. The 2 East Coast areas are already open, and the California location will open throughout the subsequent week.
At Residence introduced plans final February to open 12 to fifteen new shops throughout the nation this yr. The corporate has an final objective of getting greater than 600 areas nationwide.
This development comes as Hellman & Friedman, a worldwide personal fairness agency, continues its plans to amass At Residence Group Inc. in an all-cash transaction valued at $2.8 billion, together with the idea of debt.
The corporate’s new areas will award reward playing cards to the primary 50 prospects who register for the At Residence Insider Perks loyalty program.
At Residence sells greater than 50,000 residence décor gadgets together with furnishings, rugs, wall artwork, housewares, tabletop, patio and vacation décor with most shops averaging simply over 100,000 sq. toes.