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Urban Outfitters Plans Upsized Stores

PHILADELPHIA—The retailer plans to open as many as many large-footprint Anthropologie locations over the next five years, part of a drive to double revenues

By Paul Bubny | Updated on September 26, 2014

PHILADELPHIA—As part of a drive to double its revenues by the year 2020, Urban Outfitters will introduce a super-sized version of its Anthropologie chain, the locally based retailer said during an investor presentation Thursday. The Philadelphia-based company plans to open 25 to 50 Anthropologie locations of about 20,000 square feet each, about three times the current stores’ average footprint, Bloomberg reported Friday.

The larger-scale Anthropologie stores will offer a broader selection of home goods as well as beauty products and intimate apparel. Urban Outfitters will also test the larger format for its namesake brand as well the Free People chain.

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