Boot Barn is getting ready to bring the Western fashion to the East Coast!
As many retailers are closing brick-and-mortar locations to adapt to the online shopping environment, Boot Barn is thinking of doubling up their store count to 500 stores! For the last seven quarters, Boot Barn has seen a 7% and 12% sales growth which has helped boost the retailer’s confidence in opening more brick-and-mortar locations.
Year to date, Boot Barn‘s shares have risen nearly 147% and their stocks have increased to more than 2% to close the stock market at $42.04. The company gets more than 80% of its sales at its stores because many of their products are “store-preferred” purchases that provide “insulation from online” competition such as Amazon, Conroy said.