Ikea in Southeastern expansion | Chain Store Age

Tom Smith Uncategorized

Ikea is looking to open its second location in Tennessee.   The home furnishings chain plans to submit plans to the Metropolitan Government of Nashville and Davidson County, Tennessee, for a store in the Nashville area. Construction of the 341,000-sq.-ft. proposed Ikea could begin in spring with an opening in summer 2020.   Source: Ikea in Southeastern expansion | Chain …

Developer named for Fort McPherson land

Tom Smith Uncategorized

The McPherson Implementing Local Redevelopment Authority has selected a partnership led by Atlanta area developer and planner Stephen Macauley. Source: Developer named for Fort McPherson land

Quarterly reports paint a vibrant picture for physical retail | Chain Store Age

Tom Smith Uncategorized

Current media reporting on the state of physical retail is mostly doom and gloom. But analysts at real estate research company CoStar listened in on the latest wave of Q1 earnings calls and discovered a generally bullish attitude for brick-and-mortar retail among developers.   “I just think the [negative] narrative is a way ahead of itself,” a CoStar report quoted …

Specialty flooring retailer completes IPO | Chain Store Age

Tom Smith Uncategorized

The fast-growing Floor & Decor Holdings announced the closing of its initial public offering.   The company’s shares are now trading on the New York Stock Exchange under the symbol “FND.” Founded in 2000, Floor & Decor is a multichannel specialty retailer of hard surface flooring and related accessories. It offers a broad in-stock assortment of tile, wood, laminate and …