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Bridal Guide Spring Dekalb County Community Guide Noble County Community Guide Get The Job Winter Steuben County Community Guide The current vacancy rate for Jefferson Pointe is around 20 percent, he said.
Company officials did not return a call Monday seeking comment on the sale. Kallner said RED would look for new tenants similar to those now at Jefferson Pointe, with a focus on women's apparel, food and entertainment. They spend it on experiences. Retail establishments have faced hard times in recent years.
News reports say U. Mall stores often have deep-discounted merchandise to compete, and one report at Reuters. Many of them wanted a way to share their knowledge and experience in the retail industry with rising entrepreneurs, particularly those running socially responsible businesses.
He cites Vera Bradley itself as an example, harnessing its success in the retail industry to advance breast cancer research through the Vera Bradley Breast Cancer Research Foundation.
In , Vera Bradley also purchased a majority stake in Creative Genius , the owner of Pura Vida, an online retailer of handmade bracelets supporting artisans in Costa Rica.
As the team started reaching out to business partners, their list quickly grew to more than 30, ranging from Mudlove handmade pottery and jewelry in Warsaw , Ind. The hope is that some of the small businesses featured in the shop will grow enough to open their own brick-and-mortar spaces at the outdoor shopping center. Over the past two decades since it opened in , Jefferson Pointe has seen declining foot traffic and store closures. While working as a Promotion Strategist for the Global Leadership Summit and Beyond in , he was introduced to Cunningham and the vision for goodMRKT, and he quickly joined the team to make it happen.
Since the venture is located near downtown and highways in Fort Wayne, Raines hopes it will be a welcoming space for people from all neighborhoods and walks of life. In addition to mentorship and a shop, goodMRKT will provide retailers with storytellers trained to share their missions with shoppers.
The retail space will be anchored around a coffee bar set up for conversation and events in the future.
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