ROY MAYNARD, email@example.com
H&M, the upscale fashion retailer, will open a 20,000-square-foot store in The Village at Cumberland Park said Monday. The store is scheduled to open in the fall.
“We plan to hand over the space to them on August 1,” said Matt Wilson of The Retail Connection, which operated The Village to Cumberland Park. “That’s when they’ll start their build-out. They’re shooting for a late October or early November opening.”
It’s H&M’s second East Texas location; a store opened in Longview Mall in February.
“The H&M group is one of the world’s leading fashion companies,” the company’s website says. “With our brands - H&M, COS, Weekday, Cheap Monday, Monki and & Other Stories - we want to inspire fashion fans across the globe to dress their personal style. Each of our brands has its own unique identity and they are united by a passion for fashion and a drive to dress customers in a sustainable way.”
The company has more than 4,300 stores worldwide, and plans to open more than 400 in 2017.
THE VILLAGE AT CUMBERLAND PARK
Expansions and build-outs continue at The Village at Cumberland Park, according to Wilson.
The shopping center on South Broadway Avenue will soon announce three more tenants, he said.
But the center was disappointed to learn on March 14 that Gordman’s has filed for bankruptcy and will likely be vacating its anchor space in The Village at Cumberland Park.
“It’s our understanding, based on the Chapter 11 filing, that they’ll be liquidating everything,” Wilson said. “So we’re moving forward on the basis that we will need to replace them with another big box retailer, or perhaps two retailers – that space is 50,000 square feet. Hopefully we’ll get something along the same lines, with soft goods and home goods.”
He said the shopping center was enthusiastic about Gordman’s when it opened in 2014.
“This was their first store in Texas, and their 100th overall,” Wilson said. “It’s disappointed to lose them. We understand they had some organizational problems, but we are optimistic we can replace them.”