American Eagle Will Open As Many As New Aerie Stores In 2019

American Eagle Outfitters is positioning the Aerie banner for rapid growth, planning 60 to 75 new store openings for this year. The openings will include including 35 to 40 standalone locations, as well as a number of stores that will open side-by-side with American Eagle stores.

This plan marks a major increase in expansion for Aerie, which opened just 12 standalones and five side-by-sides during 2018. The chain currently has 115 standalone shops and 147 locations that are side-by-side with American Eagle stores.

Aerie has greatly outperformed American Eagle, with comparable sales for the intimates retailer rising 23% in Q4 2018, compared to a 3% increase for the flagship chain. The company’s…