Boot Barn expands footprint by moving to Lakeport Commons | Local company

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SIOUX CITY – By a strange coincidence, the former Dressbarn storefront in Sioux City’s Lakeport Commons mall is now a Boot Barn, a retailer of the same name but unrelated.

Boot Barn, which billed itself as “America’s largest Western & Works store”, had maintained a wood-clad space at the Southern Hills Mall for about a decade before moving on February 3 to Lakeport Commons, a center outdoor mall at the intersection of Sergeant Road and South Lakeport Street.

Dressbarn opened its Lakeport Commons store in the fall of 2005 and was among the first national retailers to open in the outdoor mall. The chain ended operations in 2019, closing its 650 locations.

Maddie Wright, keyholder at Boot Barn – a position that involves some management duties when the usual manager is away – said the new 10,000 square foot store is “probably three to four five times larger” than its previous location at the Southern Hills Mall.

With weathered wood and corrugated galvanized steel, decorative flourishes reflect the clothing retailer’s rustic theme. Being so much bigger, there’s more room for shoppers and there’s more merchandise within easy reach. “So much more inventory,” Wright said.

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Boots aren’t the first thing a shopper encounters in Boot Barn – the front is mostly made up of shirts, jeans, hats, belts and jewelry. But a little further into the store are aisles filled with nothing but boots, in a dazzling array – from plain brown leather to American flag or flowery designs to glittering numerals, most with elaborate stitching and embellishments. pointed toes that are characteristic of the cowboy boot, from renowned brands such as Ariat, Roper, Justin, Tony Lama and others. They also wear shoes without boots.

Founded in 1978, the Irvine, Calif.-based Boot Barn chain now has just under 300 locations, while shares of its parent company, Boot Barn Holdings, trade on the New York Stock Exchange. Boot Barn stores are spread throughout the continental United States (except for most of New England and the Mid-Atlantic) with particularly large concentrations of stores in Texas and California.

Retail forecasts suggest the Western apparel segment is doing well – a report by Allied Market Research predicted the Western apparel market would grow from $71.13 billion in 2016 to $99.42 billion in 2023.

And Boot Barn did particularly well. According to a quarterly financial report released in January, the retailer’s net sales increased 71.1%, to $485.9 million, compared to the same period at the end of 2019. Net profit during this period rose to $69.2 million from $24.8 million two years earlier. . In just 13 weeks to December 25, the chain opened 11 new stores.

Wright said the new Lakeport Commons store has proven popular with shoppers. The store was surprisingly busy in the middle of the day last Tuesday – not a time when clothing retailers are usually busy.

“It’s been a really good response. We’ve had a lot of traffic since we opened. There’s never a dull day here,” she said.

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