NEWS

Ross Stores reaches halfway mark

Ross Stores reaches halfway mark of FY 2021 expansion plan

Ross Stores Inc. said it opened 30 stores in June and July, part of an overall plan to add approximately 60 new locations during fiscal 2021.

The 22 Ross Dress for Less and eight dd’s Discounts stores opened across 11 different states and reflect an ongoing commitment to expand the two chains, the company said.

“This summer, we expanded our presence in our largest markets of California, Florida, and Texas, and also added locations in newer states, including Illinois for dd’s as well as Ohio and West Virginia for Ross,” said Gregg McGillis, group executive vice president, property development.
See Also
Ross CEO offers conservative forecast despite big sales gain

“Looking ahead, we remain confident in our ability to grow to at least 2,400 Ross Dress for Less and 600 dd’s Discounts locations over time,” McGillis said.

The company currently has a total of 1,896 locations in 40 states, the District of Columbia, and Guam.

On an earnings call in May, Ross Stores Inc. CEO Barbara Rentler said that the company’s performance for its fiscal first quarter ended May 1 “significantly exceeded” expectations as consumers spent stimulus checks and returned to stores after the Covid-19 vaccine became more widely available.

For its fiscal first quarter ending May 1, the Dublin, California-based retailer saw sales improve to $4.52 billion, more than 250% higher than the same quarter last year and 13% higher than the comparable period in 2019.

The company had fiscal 2020 revenues of $12.5 billion.

Rentler said was optimistic about the rest of the year but gave more conservative year-end guidance because some factors — such as pent-up demand and the government stimulus payments — won’t be in play going forward.

Signage is Up at My Salon Suite in Florence

Signage is up! My Salon Suite is coming soon to Village at the Mall in Florence, KY.

Edge brokers Zachary Schunn represented the landlord and Mike Halonen represented the tenant in this deal. Ask Zachary Schunn about remaining vacancy.

My Salon Suite

With 30 new stores in June and July, Ross sticks to plan for 3K locations

Ross sticks to plan for 3K locations

Retail Dive
Published July 19, 2021

My Salon Suite is now open at Harper’s Point!

Mike Halonen represents My Salon Suite and negotiated the deal for the newest location at Harper’s Point.  11310 Montgomery Road, Suite 218, Cincinnati Ohio 45249.
Also NOW OPEN: Yankee Station in Dayton, OH and Patchen Square in Lexington, KY

About this location

MY SALON Suite is now leasing 27 private, upscale salon suites to established beauty and wellness professionals who want to be in business for themselves. We strive to help these professionals become independent business leaders and support them on this great journey. We are located at the Shops at Harper’s Point Shopping Center, very close to the Shops at Harpers Point and Kroger on the 2nd floor level.

The Shops at Harpers Point is conveniently located off I-71 and I-275, The Shops offers a diverse blend of dining, retail, and service establishments where you can enjoy a day of shopping, lunch, or spend the evening spending quality time with friends and family. There’s plenty of easy, on-site parking for your convenience.

“Rolling out the Red Carpet”

We’re “rolling out the red carpet”. The banner looks much larger indoors.
Look for it soon on our Tri-County Sears property listing.
Contact Zachary Schunn for information or visit http://www.edgegp.com/property/former-sears-building-tri-county-mall/

Leased and Now Open in Q1 2021

Zachary Schunn is pleased to have represented landlords in a number of lease negotiations for tenants that opened in the 1st quarter of 2021.

Edge continues to represent landlords in additional vacancies.  Visit edgegp.com to see all availabilities.


 

 

 

RockBox Fitness – Apollo Shopping Center, Symmes Township, OH

 

 

Nutmeg Cafe – Centerville Shoppes, Centerville, OH

 

 

Forty Eight Salon and Spa – Centerville Shoppes, Centerville, OH

 

Better Blend Nutrition – 202 W McMillan, Cincinnati, OH

Starbucks Center in Dublin, OH SOLD

Edge Real Estate Group is pleased to announce the sale of the Starbucks Center in Dublin, OH:

  • Zachary Schunn represented the seller
  • 4975 Tuttle Crossing Blvd., Dublin, OH  43016
  • 10,068 SF
  • Sold date: 2/26/21
  • Tenants: Starbucks, SportClips, AT&T and Zoup

 Additional Property Information