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Home Related Retailers Expanding Nationwide
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Home Related RetailersExpanding Nationwide
Rocky’s Ace Hardware operates at 19 locations in MA, NH and RI. The hardware and building stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding buildings, strip centers and downtowns. Growth opportunities are sought in the existing markets. For more information, contact Rocco Falcone, Rocky’s Ace Hardware, 40 Island Pond Road, Springfield, MA 01118; 413-781-1650, Fax 731-5173.
Rent-Way, Inc. trades as Rent Way, Home Choice and Renta Vision at approximately 1,100 locations nationwide, with 400 operating as Home Choice; 250 as Renta Vision, and the remainder as Rent-Way. As of June 2001, all stores will be renamed Rent-Way. The home furnishings stores, which rent and sell consumer electronics, appliances, furniture and computer games, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in strip centers and freestanding buildings. Plans call for 75 openings in the coming year. Expansion will take place nationwide. Preferred demographics include a population of 60,000 within three miles earning $35,000 as the average income. Leases running three to five years are typical. For more information, contact Jim Harris, Director of Real Estate, at Rent-Way, Inc., 1 Rentway Place, Erie, PA 16505; 814-455-5378, Fax 461-5408. Regional real estate contacts include Bob Huges for the Mid-Atlantic/New England area, 717-292-0830; Jeff Cobb for the Mid-South region, 919-876-5055 ext. 1436; John Potts for the Western region, 316-478-2799; and Chris Hardesty for the Southern area, 1-800-333-7368, ext. 1103.
Warehouse Home Furnishings Distributors Inc. trades as Farmers Furniture, Appliances and Electronics at 109 locations in AL, FL, GA, and SC. The home furnishings stores occupy spaces of 15,000 sq.ft. in strip centers, freestanding buildings and downtowns. Preferred locations are near a supermarket. Plans call for as many as 12 openings within the coming 18 months. Expansion will take place in GA. Preferred demographics include a population of 30,000 within 10 miles earning $25,000 as the average income. Leases running five years are typical. For more information, contact Robert Garrett, Warehouse Home Furnishings Distributors Inc., 1851 Tail Fair Street, Dublin, GA 31021; 912-275-3150, Fax 275-6136. G. Fried Carpets operates eight locations in CT, FL, NJ and NY. The floor covering stores occupy spaces of 2,000 sq.ft. to 25,000 sq.ft. in freestanding buildings. Expansion will take place in the existing markets. Typical leases are 10 years. For more info, contact Phil Farrell, G. Fried Carpets, 800 Old Country Road, Westbury, NY 11590; 516-333-3900, Fax 333-3846.
A.L. Damman Co., Inc. trades as Damman Hardware at 17 locations in MI. The hardware stores occupy 15,000 sq.ft. spaces in strip centers. Expansion in the next 18 months will continue in the existing market. For more information, contact Richard Damman, A.L. Damman Co., Inc., 29235 Stephenson Highway, Madison Heights, MI 48071; 248-399-5080, Fax 399-5089.
Consolidated Stores Inc. trades as Big Lots Furniture at 63 locations nationwide. The furniture stores occupy spaces of 10,000 sq.ft. to 15,000 sq.ft. in freestanding facilities. Growth opportunities are sought nationwide. For more information, contact Tim Kolp or Kevin Day, Consolidated Stores Inc., 300 Phillipi Road, Columbus, OH 43228; 614-278-6718, Fax 278-6546.
La-Z-Boy Chair Co. trades as La-Z-Boy at 286 locations nationwide. The furniture stores occupy spaces of 13,500 sq.ft. in freestanding facilities. Plans call for 35 openings annually. Expansion will take place nationwide. The company prefers to purchase its locations. For more information, contact Tom Sprenger, La-Z-Boy Chair Co., 1284 North Telegraph, Monroe, MI 48161; 734-242-1444, Fax 241-4422. |