28 posts categorized "Retailing"

07/23/2014

University Park Village tenants announced

Four new tenants are announced for Fort Worth’s University   ParkVillage and include Athleta, Kendra Scott, Michael Kors and Sephora.

The stores will open this year, the shopping center said. University ParkVillage is on University Drive just south of Interstate 30.

Susan Holland, the center’s general manager, said the stores should open by the holiday season.

The new tenants, she said, “represent key brands, consistent with our current roster of premier tenants.”

_ Sandra Baker

07/07/2014

H-E-B expanding its Burleson store

San Antonio-based grocery chain H-E-B today said it is spending $14 million to upgrade its four-year-old Burleson store into an H-E-B Plus.

The store opened in 2010 with 88,000 square feet but is now increasing that to 115,000 square feet in order to accommodate the expanded departments.

The store, 165 NW John Jones Drive, will feature new products and variety when the expansion is completed in February.

“This is a tremendous opportunity for us and our customers,” said Eli Daniel, the store’s general manager, in a statement.

In addition to groceries, H-E-B Plus stores offer electronics, toys, housewares, grilling and outdoor furniture, apparel, party supplies, cell phones and tablets, and home décor.

It will have an expanded bulk items section with 600 new products and well as more fruits, vegetables and organics, for example.

The store will also double its space for beer and wine.

H-E-B reports annual sales of more than $20 billion at its 350 stores in Texas and Mexico.

_ Sandra Baker

05/27/2014

Sears laying off 55 at North Beach Street parts center

Sears will idle about 55 workers at a parts and repair center at 5001 N. Beach St. just south of N.E. Loop 820, the retailer said in a notice to the state. It said the layoffs will happen by the end of June and are expected to be permanent. The company, in a later emailed statement, said the facility will remain open, and eligible workers will receive severance and can apply for open positions at Sears and Kmart stores.

-- Jim Fuquay

05/15/2014

Bealls headed to Grapevine Towne Center anchor spot

Bealls, a Texas-based department store offering nationally recognized name-brand and private-label apparel, accessories, cosmetics and footwear, is now open as an anchor at GrapevineTowne Center.

The retailers has leased 25,000 square feet in the shopping center at the intersection of Texas 114 and William D. Tate Avenue in Grapevine. It is relocating from a location on Northwest Highway.

The shopping center opened in the mid-1990’s.

“Bealls brings a long history of quality retailing to GrapevineTowneCenter, and they are a key element in the evolving tenant mix of this outstanding retail property,” said Herbert D. Weitzman, chairman/CEO of The Weitzman Group and Cencor Realty Services, in a statement.

The Weitzman Group leases the center, and Cencor Realty Services manages it.

Bealls joins a number of concepts that have recently opened at GrapevineTowneCenter, including eatZi’s Market & Bakery, Big Lots, which opened its upscale concept in an anchor space in the center; and Sprint, which opened a new-generation store.

_ Sandra Baker

04/09/2014

PGA TOUR Superstore plans a Southlake location this year

PGA TOUR Superstore, the Atlanta-based golf retailer, plans a store in Southlake this year. 

The store will be located at the southwest corner of Southlake  Boulevard and Kimball Avenue. It will be its third Texas store, joining two Plano locations. 

PGA TOUR is also opening stores in Orlando and North Scottsdale this year. 

“Despite a flat retail landscape in the golf industry, we have growth plans that prove experiential retail is alive and well,” said Dick Sullivan, PGA TOUR Superstore president and CEO, in a statement. “We currently have plans to grow PGA TOUR Superstore’s presence by up to 25 percent per year over the next five years in locations across the U.S.” 

PGA TOUR Superstore currently has 19 locations ranging from 40,000 to 50,000 square feet. Each store has up to 14 custom fitting simulators and practice bays.  

“What’s different about PGA TOUR Superstore is we purposely design our stores with what the golfers want from an experience and product assortment point of view,” Sullivan said.

PGA TOUR Superstores feature certified golf pros, personalized golf lessons and the best in golf technology, equipment, apparel, custom fitting and repairs. 

The stores are owned and operated by Golf & Tennis Pro Shop, Inc., whose controlling owner and chairman is Arthur M. Blank, retired Home Depot Co-Founder and owner of the Atlanta Falcons. 

_ Sandra Baker

 

01/30/2014

WinCo Foods opening Fort Worth store Feb. 6

Boise, Idaho-based WinCo Foods is opening its store in Fort Worth Thursday.

The 94,000-square-foot store is located at 8000 Crowley Road, on 12.5 acres at the southwest corner of Sycamore School and Crowley roads. The employee-owned grocery store bought the land a year ago.

WinCo also plans to open a store at Dick Lewis Drive and Thaxton Parkway in North Richland Hills this quarter.

It is opening a store in McKinney on Thursday as well.

WinCo stores are open 24 hours and have 18 checkout lanes, but shoppers will bag their own groceries, he said. Self check-out lanes will also be available.

_ Sandra Baker

11/08/2013

DSW and Havertys coming to Alliance Town Center in north Fort Worth

DSW Designer Shoe Warehouse and Havertys furniture store will open at Alliance Town Center in north Fort Worth by Labor Day weekend of 2014.

Fort Worth-based Trademark Property Co., who is partnering with Hillwood Property, to develop the shopping center also said new tenants Cold Stone Creamery, Lane Bryant and H&R Block will also open in 2014.

Construction should begin later this year or early next year on the 15,000-square-foot DSW, which will be located south of the recently opened Dick’s Sporting Goods.

Havertys will start construction in December on a 35,000-square-foot store near the new DSW, Trademark said.

Razzoo’s Cajun Cafe and Pie Five Pizza Co. are scheduled to open in December at the center.

 _ Sandra Baker

10/16/2013

Amazon's new Haslet facility ships its first item

Amazon1
Amazon.com, which built a 1.1 million-square-foot fulfillment center in the Alliance development in north Fort Worth, says it shipped its first item from the facility: a "night vision trial camera" bound for Nebraska (shown in the photo above with employee Jill Demuth). More than  200 people are now working at the center and it expects to keep hiring workers to "pick, pack and ship" small items like books, electronics and DVDs, the company said today. It also said its new 1-million-square-foot Coppell fulfillment center shipped its first order, bound for Massachusetts. The online retailer said more than 400 people have been hired for that facility.

Haslet also has a new fulfillment center outside of San Antonio. The three facilities altogether were expected to employ about 1,000, the company said in January, when the centers were announced. That followed an April 2012 agreement Amazon made with the state to create 2,500 jobs in the state and invest at least $200 million over four years to settle a contested $269 million Texas sales tax bill. It had closed an Irving fulfillment center during the tax dispute, which started in 2008

-- Jim Fuquay

10/03/2013

Epiphany Boutique leases in Fort Worth's West 7th development

Epiphany Boutique has leased 1,463 square feet at 2956 Crockett St. in the West 7th development.

Epiphany is a lifestyle boutique that showcases an eclectic mix of apparel and accessories for men and women, plus handmade jewelry, shoes, college tees and a wide selection of  hats.

Owner Sherry Andrus operates two other locations, Epiphany Boutique for Women and Epiphany for Men in Dallas’ Bishop Arts District.

Epiphany Boutique will open this month.

Perren Gasc with Centennial Retail Services represented the landlord.

_ Sandra Baker

09/30/2013

The Container Store to go public

The Container Store, the popular Coppell-based retailer that was bought out by a private equity fund in 2007, on Monday made official long-standing speculation that it intended to go public this year. In a filing with the Securities and Exchange Commission, the 61-store chain said it intended to use unspecified proceeds from the sale of shares to pay a dividend to its owner. If its initial public offering is oversubscribed, it will use the additional proceeds to repay part of the $361 million outstanding under a secured loan.

Founders Kip Tindell and Garrett Boone founded the store in 1978 in Dallas. In 2007 Leonard Green & Partners acquired the company for an undisclosed price.

According to Container Store’s SEC filing, it had $707 million in sales in its 2013 fiscal year, which ended March 2. It lost $90.5 million that year, breaking even on operations but accruing $90.4 million in preferred dividends. For the six-month period ending Aug. 31, the company lost $688,000 on sales of $343.4 million, its filing showed. It reported a hefty gross profit margin of 58.4 percent for that period. It reported long-term debt of $371 million as of Aug. 31.

-- Jim Fuquay

-->

Category Cloud

Blog powered by TypePad
Member since 01/2007