Roots eyeing store expansion in U.S. two years after retreat

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Roots eyeing store expansion in U.S. two years after retreat
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In 2020, the retailer permanently closed seven locations there and filed bankruptcy for its U.S. subsidiary

is eyeing future store expansion in the U.S., two years after the company permanently closed seven locations there and filed bankruptcy for its U.S. subsidiary.

“We have over the last six months-plus been re-establishing our presence outside of Canada,” Roots chief executive officer Meghan Roach said on a conference call Thursday to discuss the company’s financial results. Roots currently has 107 stores in Canada and more than 100 partner-operated stores in Taiwan, as well as locations in China and Hong Kong.

The company reported $121.3-million in sales in the 13 weeks ended Jan. 29, up 22 per cent compared to the same period the prior year.

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