Destination XL Group Inc. (Nasdaq: DXLG), a retailer specializing in men’s Big + Tall apparel, announced the strategic hiring of Beta Agency, a commercial real estate brokerage, to help grow the company’s footprint.
DXL’s expansion plans includes the opening of nine new stores in 2024. The company now has roughly 300 retail and outlet stores.
“Our partnership with Beta Agency is a game-changer for DXL, enabling us to accelerate our retail footprint buildout with a data-driven approach to retail location strategy,” said DXL President and CEO Harvey Kanter. “Their expertise in commercial real estate will empower us to establish our stores in locations that significantly enhance our accessibility to our customers. These new locations underscore our dedication to meeting our customers’ where they live, offering them an expansive selection of styles that fit perfectly. It’s not just about expanding our presence; it’s about enriching our customers’ shopping experiences and ensuring they find everything they want in one place.”