Clicks-to-Bricks Report 822584_Retail_Bricks Report_v1 Final | Page 2

2 E-commerce Retailers Plan 850 Physical Stores in the Next 5 Years How e-commerce brands get physical Digital-native brands are expanding their presence into brick-and-mortar stores across the county, with plans of 850 stores in the pipeline over the next five years. The mattress retailer Casper will open 200 stores within three years. Adore Me, the women’s intimates company, announced up to 300 additional stores in five years. Allbirds, the wool sneaker company, opened a 4,800-square-foot New York flagship in SoHo, with plans for more stores in four cities in the next year. The clicks-to-bricks retailers’ expansion plans demonstrate the value these brands place on having a physical presence with which to engage shoppers. In the 2016 report From Screens to Stores, JLL defined the four phases of clicks-to- bricks expansion, from testing a single pop-up store to rolling out a full-scale national expansion. In this new report, we revisit the topic to find that more e-commerce players than ever are leasing physical space. JLL compiled details of the histories and expansion plans of more than 100 of the top digital retailers to evaluate their strategies. We found that New York remains the top city for both pop-ups and first permanent locations; however, other marquee markets like Los Angeles and San Francisco are also popular choices.