March 31, 2008Realities of retail reportingHappy rainy Monday to you. You may have read a story that I wrote last week about the possibility of a retail development coming to an area along I-581 and Hershberger Road, near Valley View Mall. A Wisconsin developer, Continental Properties, apparently has been contacting residents in a small community off Ordway Drive, related to its desire to land new retail in this area. Continental is known for building retail centers that carry Kohl’s and Costco. I called Costco related to this story, and a spokesperson returned my call on Friday, after the story was published. A spokesperson for this discount warehouse retailer said the company would not discuss future plans for new stores. Kohl’s said the same thing, and I reported that in the story. As the world of retail reporting continues to unfold for me, I’ve learned not to expect national retailers to say much, if anything, about their future plans for new sites. They’re really not obligated to divulge details if a lease isn’t signed, and many are afraid to give away secrets to the media for fear that a deal could fall apart. But if you read between the lines, these retailers often do not say whether or not they are considering an area. They just state in a typical corporate speak that a certain area is not in their immediate store opening plan. So, I mention all of this to say that Kohl’s and Costco could very well already be scouting the Roanoke area for potential stores. But likely we won’t find out that news directly from them. |
.....Advertisement.....
|

Comments
[April 4, 2008 10:07 AM]
GregJenny have you heard anything else about possible businesses next to the Gander Mountain development off 81 & Plantation? I've hear rumors of an Outback Steakhouse going in up there at some point. Also, are the plans still in the works for the development in Hollins on Williamson? The Hardware store opened last year but I haven't seen anything else happening out there. Thanks again for all of the research you do.
[April 8, 2008 10:15 AM]
JennyHey, Greg, So far, I've learned that Tractor Supply and Camping World will be built adjacent to Gander Mountain in Roanoke County. I do know that some restaurants are planned in this area, but there hasn't been any news about what those will be yet. Also, I haven't heard more about the Hollins development, but I'll keep checking on it. You're talking about the area where Northwest Hardware is located, right?
[April 8, 2008 3:45 PM]
GregThank for the info Jenny. You are correct. I am talking about the area next to the new Northwest Hardware store.