Archive for the ‘New Retailers’ Category
The retailer describes itself as ”the largest branded marketer in the United States of apparel and related products exclusively for babies and young children. The company owns the Carter’s and OshKosh B’goshbrands, two of the most recognized brands in the marketplace. These brands are sold in leading department stores, national chains,and specialty retailers domestically and internationally. They are also sold through more than 700 company-operated stores in the U.S., Canada and Japan and online.”
No word yet on when it opens or when hiring begins, but we’ll update you as soon as we hear.
Bargain Hunt Superstores is looking to hire a store manager for a future Tupelo store, according to an employment website.
Just what we need – another store that offers “quality name-brand clothing and merchandise at discount prices,” or something along those lines. Let’s see, similar stores already in Tupelo include T.J. Maxx, Burke’s Outlet, Dirt Cheap and Ross Dress for Less.
Bargain Hunt has 22 stores in six states, with most of them in Tennessee. Southaven is the only Mississippi location for now. The nearest stores to Tupelo other than that one are in Jackson, Tenn., and Florence, Ala.
There’s a job description for the store manager’s position, and the listing emphasizes the store is not yet open. But the manager will be doing the hiring. No word on where the store will be or when it will open.
We’ll check back with the company on Monday when the offices open, but here’s what Bargain Hunt says about its stores:
Bargain Hunt is a unique discount retail chain that enables our consumers to buy quality brand name merchandise well below normal retail pricing. At Bargain Hunt, expect to find designer clothing for men, women, and children, the latest and greatest electronics and HDTVs, a huge selection of home goods and domestics, all kinds of toys and bikes, tons of sporting goods and outdoor gear, both indoor and outdoor furniture, and many more exciting items.
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A Saltillo-based furniture company we wrote about last week is getting bigger.
The Dufresne-Spencer Group, which got its start as the Spencer Group in Saltillo in 2002, just completed a deal this week to buy seven Ashley Furniture HomeStores from Phllips Furniture in St. Louis for an undisclosed sum.
DGS is No. 59 on the list of the top 100 furniture retailers (in terms of sales) in the country according to industry trade publication Furniture Today. Phillips was No. 89 on the Top 100 list this year. DSG will add 350 employees with the acquisition, increasing the total workforce to about 1,100.
Headed by Jim Spencer, the Spencer Group made Furniture Today’s Top 100 list in 2009 at No. 88, with 2008 sales of $61.1 million. A year later, it moved up to No. 74.
This year, the company reached its rank based on sales of $98 million for 2012.
The Spencer Group entered a partnership with Canada-based Dufresne last year, which has paid dividends. DSG has more than doubled the number of stores it had from just four years ago. It now owns 34 furniture stores – including 20 Ashley-branded stores – in Arkansas, Alabama, Kentucky, Mississippi,Missouri, Tennessee and Texas. Several weeks ago, it acquired seven stores in Kentucky and Indiana.
For 2013, DSG expects sales of about $125 million, which will move it up the Top 100 list even faster, likely putting it in the top 50. Jim Spencer said DSG should hit $250 million in sales next year. That would put it in the top 25.
Stash Home, which sells name-brand furniture at discounted prices, should be opening its Tupelo store around Christmas in the
Tupelo Commons retail development on North Gloster Street .
What is Stash exactly? From its website: “Our team buys factory overruns, closeouts, overstocks, factory closings, factory direct products, photography samples and designer trials. All product is new, high-quality merchandise at 30-75 percent off, and often more. Stash gives you top brands at the lowest prices possible.”
The company now has two stores – one in Memphis and one in Oxford, but is opening in Tupelo and looking to expand in more locations next summer.
Stash is the brainchild of DSG, or the Dufresne Spencer Group, the Saltillo-based company that owns 19 furniture stores – including 14 Ashley stores – in Arkansas, Alabama, Kentucky, Mississippi, Tennessee and Texas. It recently acquired seven KHF Holding stores in Kentucky and Indiana
The Tupelo store covers 15,000 to 16,000 square feet, and it will employ about 10 people.
Stash is headed by Greg Roy, the former Lane Furniture and Furniture Brands executive who joined DSG in August.
Murphy Express is open on the corner of West Main and Maynard streets in Tupelo, having had a soft opening in Friday. A grand opening is planned in the next week or two.
And it seems there might be a bit of a price war going on. Earlier this morning, it was selling gas at a whopping low (for Tupelo anyway) $2.58 a gallon, according to MississippiGasPrices.com.
Biz Buzz drove by moments ago, and it’s back up to $2.78. That’s a pretty wild price swing. And of course, the Dodge’s Store and J’s Store also are at $2.78. The Kroger at Crosstown – at least for now – was at $2.86.
The Murphy Express store manager said the store, open 24 hours a day, will have the lowest prices on beer, cigarettes and gas in Tupelo. Works for me.
The store employs 13 people.
It’s a little wet and muddy from all the rain we’ve had the past few days, so work might be delayed a bit.
The McCullough Center’s first phase includes this 9,000-square foot building.
A second phase would add another building, and a third phase would add a standalone restaurant – although the restaurant could jump ahead of the second building.
So far, the first building has a liquor store and a cell phone store planned for it.
Drove by the Murphy Express going up on West Main Street in Tupelo this morning, and workers are putting up the canopy. This view is from Maynard Drive in the parking lot of J’s Mart, but from West Main, you can see signs up on the front of the canopy.
I can only imagine what fun traffic will be like once it opens.
We put in a request to Murphy to get an exact date for the store’s opening, as well as hiring plans.
We’ll pass them a long as we get them.