Stockholm-based H&M Hennes & Mauritz AB (H&M) is on track to open 275 stores this year. The retailer will open stores in five new markets this year, with China, the United States and the United Kingdom being the largest areas for expansion. The company also will open outlets in Estonia and Indonesia, as well as seven to 10 stores called “& Other Stories” in 2013. The retailer also said it sees opportunities in Germany, France, and Italy, and will start online sales in the United States in the fall.
