Archive for the ‘New Retailers’ Category
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.
Mudcreek Archery, Mississippi’s only indoor archery range that also features the TechnoHunt interactive
hunting simulator, is open.
Here’s what we said about them a few months back when they were getting the place ready (click here).
In fact, it’s been open for a little more than a week, having had a soft-opening last Thursday.
We took a tour of the place and spoke to general manager Mark Davidson and co-owner Bryan Ellis, and we’ll share the details with you in Saturday’s Daily Journal.
Mudcreek is taking memberships, starting at $365 for adults. That may sound a lot, but that’s a dollar a day for 24-hour access to the shooting range. And there are some 50 targets – which include deer, bears, wolves, hyenas and even an alligator.
Davidson said bow hunters typically only have one target at home since they cost about $400, and they need to be replaced every year or two.
“For the price of one, you can shoot as many as you’d like for a whole year,” he said.
The city’s Department of Development Services has received an application from a representative of CarMax to open a location on Tom Watson Drive. It would be located south of the Fairfield Inn on property now owned by BNA Bank of New Albany. The city’s Development Code requires a Major Conditional Use to locate a used car dealership in what is called the Barnes Crossing Overlay District.
In addition, CarMax has asked for a variance to allow the company to have 56 employee and customer parking spaces instead of the required 45 spaces.
CarMax expects to employ 20-25 people at the dealership.
CarMax has more than 100 locations across the country and has sold more than 4 million used vehicles. It’s only other Mississippi dealership is in Jacksn.
We’ll post more details on Biz Buzz as we get them.
Hut No. 8, a Florida-based retailer, is opening a 3,500-square-foot store adjacent to Office Max.
So who is Hut No. 8? From its website we have this description:
Hut no. 8 buys and sells brand name clothes, shoes, and accessories for teens and young adults. When you walk through the doors in one of our stores, the high energy music and rustic beach hut atmosphere create the feel of a mini vacation getaway. Our high quality new & gently loved products enable our customers to wear only the best at 70 – 80% off mall prices, while shopping in a mall-like environment.
We are able to do this by constantly turning over and rotating our inventory with the use of customer buy-backs and high-volume vendors. Real-time buy-backs also allow our customers to shop for the newest “finds” while in our stores.
Biz Buzz spoke briefly to Rebecca McKinley, who is opening the franchise here. Hours for the store will be Monday-Friday from 11 a.m. to 7 p.m., Saturday from 10 a.m to 8 p.m. and will be closed on Sunday (at least initially).
“We’ll initially open with some stock, from Abercrombie to Coach, with clothes, handbags, accessories and shoes for men and women,” she said. “We’ll have items from teens and up. The quality of the clothes will make the difference.”
We’ll keep you posted about the store’s opening. Meanwhile, you can also check the Tupelo store out on Facebook.