The Children’s Place, a retailer of children’s merchandise, will open a location in the Rushmore Mall in November, according to a e-mailed press release from the mall.
The 4,478-square-foot store will be located near The Buckle.
The Children’s Place Retail Stores Inc. owns and operates 936 The Children’s Place stores, including three in South Dakota.
Runnings representatives are set to nix a move into the old Target building in the Rushmore Mall.
Representatives of the farm retailer’s parent company will withdraw a site development plan from consideration by the Rapid City Planning Commission on Thursday.
Runnings Farm & Fleet, which has a Rapid City location, had made a deal to move into the vacant 101,500-square-foot building, and add a 15,000-square-foot outdoor storage area to its north side.
A spokeswoman for Target Corp. confirmed in May the Minnesota-based company had a deal with Running Supply Inc. for the building, which is owned by Target.
Target moved out of the location to a new store in the Rushmore Crossing development in early October. The building, a major entrance to the mall, has been vacant since then.
The farm retailer’s interest in the former Target location surfaced in January. Runnings submitted its development plan for the location, which was met with requests for additional documentation by city planning staff in March.
The planning staff wanted Runnings to provide details on the new store’s lighting, signage, air handing equipment and trash bin placement on the site. They also questioned whether the addition Runnings planned to build would match the Rushmore Mall’s exterior.
Calls to Runnings and Target Corp. representatives weren’t immediately returned. Marcia Elkins, director of the city’s Growth Management Department, referred questions to the two companies.
There are 30 Runnings retail stores throughout Minnesota, South Dakota, North Dakota and Montana. Running Supply Inc. is based in Marshall, Minn., and has a Farm and Fleet retail location in Rapid City at 1555 Haines Ave.
Fresh from the wire:
NEW YORK (AP) — Clothing retailer Eddie Bauer Holdings Inc. filed on Wednesday for Chapter 11 bankruptcy court protection, the latest retail casualty of the recession.
It said CCMP Capital Advisors LLC has bid for its assets. Other buyers may also make bids while the company is under court protection.
The company said in its filing that it is seeking court protection because its financial position was creating uncertainty among vendors that supply its inventory and because its cash flow problems “could severely impede” its operations.
Eddie Bauer said it might not be able to comply with some covenants in its $225 million senior debt or have the cash under its line of credit to make vendor payments in the future.
Eddie Bauer considered refinancing of all or some of its debt, and it considered a reorganization, sale or liquidation through Chapter 11 bankruptcy protection, as well as continued operation on a modified business plan. It now hopes to be sold.
It’s far too early to know what the future may hold for the Eddie Bauer store in the Rushmore Mall, but I hope this doesn’t lead to a another hole there.
Commenter ‘Chad’ asks:
The Cajun Cafe at the mall has been closed for a couple of months now, but any word on why they went out of business. Did they get shutdown? Rent increase? Move?? My wife and I really liked their cajun chicken. Thank You
I’m not familar with the fate of the Cajun Cafe.
Does anyone out there know?
By Jeremy Fugleberg
Ask and you shall receive.
City planning documents confirm Runnings is interested in the Target building at the Rushmore Mall.
My story, going online now:
The Parent company of Runnings Farm and Fleet is eyeing the old Target building at the Rushmore Mall, according to city planning documents.
The farm retailer’s interest in the Target location surfaced in January, but company officials wouldn’t comment on any talks.
The 101,500-square-foot building is still owned by Minneapolis-based Target Corp., according to a city planning staff report.
Running Supply Inc. is based in Marshall, Minn., and has a Farm and Fleet retail location in Rapid City at 1555 Haines Ave.
Runnings is requesting city permission to add a 15,000-square-foot outdoor storage area on the north side of the building. The city Planning Commission is scheduled to discuss the application on Thursday.
UPDATE: A Target spokeswoman confirm her corporation has a deal in place with Runnings, but said there’s no definite closing date because Runnings is in its due diligence process.
By Jeremy Fugleberg
Commenter ‘mall worker’ says:
What happened to Runnings going in the mall? When I was in Runnings last month they said that they were waiting for a rezoning request to put all of their “outdoor” merchandise outside of the store like they currently do. They werent too optimistic with our wonderful city’s track record of making things as hard as they can for growth. As a mall tenant DRAMATICALLY affected by the closure of Target, it would be nice to know what’s going on. The mall, of course, can’t comment.
Also anything about Dick’s sporting goods?
I haven’t heard a peep about Dick’s, and the last rumble I heard about Runnings in the mall was that their attempt at a deal was breaking down. But I’m not sure how solid that information is.
Definitly worth some renewed research on my part.
Anybody else heard anything?
By Jeremy Fugleberg
Last month, it sounded like at least a 75 percent chance we would get a Hilton Garden Inn just east of the Rushmore Mall.
Make that 100 percent, by spring 2010. Aat least according to this sign, now up just down the road from Boston’s on Disk Drive:
(I’m reposting this, since many loyal blog readers can seem to read the version posted last Tuesday)
By Jeremy Fugleberg
Rushmore Crossing’s developer Midland Atlantic, Rushmore Crossing’s developer, just sent out a press release trumpeting the completion of Phase I at the retail area.
The developer lists some of the stores in the development and then shares this nugget:
Target and Scheel’s All Sports, anchors for this initial phase of the development relocated their existing Rapid City operations to Rushmore Crossing in an effort to expand their footprint and surround themselves with dynamic co-tenants. Target’s store is over 30,000-square-feet larger than their previous location and Scheel’s All Sports increased their size by over 13,000 square feet. Both had successful openings and are continuing to see high traffic and consistent sales.
See that? — “Surround themselves with dynamic co-tenants.”
Is that a dig at the Rushmore Mall, or am I reading too much into it?
By Jeremy Fugleberg
Rushmore Crossing’s developer Midland Atlantic, Rushmore Crossing’s developer, just sent out a press release trumpeting the completion of Phase I at the retail area.
The developer lists some of the stores in the development and then shares this nugget:
Target and Scheel’s All Sports, anchors for this initial phase of the development relocated their existing Rapid City operations to Rushmore Crossing in an effort to expand their footprint and surround themselves with dynamic co-tenants. Target’s store is over 30,000-square-feet larger than their previous location and Scheel’s All Sports increased their size by over 13,000 square feet. Both had successful openings and are continuing to see high traffic and consistent sales.
See that? — “Surround themselves with dynamic co-tenants.”
Is that a dig at the Rushmore Mall, or am I reading too much into it?
By Jeremy Fugleberg
New stores set for Rushmore Crossing!
This according to a brand-new map from Katz & Associates, the retail center’s leasing agent in New York.
A number of the stores are already in the Rushmore Mall, so there could be some serious mall poaching happening here.
Stay tuned….
Executed leases in Rushmore Crossing:
Eyemart
Dollar Tree store
Verizon Wireless (a location in the mall)
GameStop (location in mall)
Impressive Nails
Interstate All Battery Center
Leases under negotiation:
Jo-Ann Fabrics
Babies ‘R’ Us
Justice
Maurices (mall)
Motherhood Maternity (mall)
Famous Footwear (mall)
C.J. Banks (mall)
Christopher & Banks
Pro Image (mall)
Hastings
The Children’s Place
Avenue
Office Max
Hallmark (mall)
Pearle Vision (Express at mall)
Man Salon
Alltel (location in mall)
Infinity Day Spa
Sally Beauty
Mens Wearhouse