Southeast Real Estate Development Group, developer for the Harper Square shopping center, confirms Marshalls is set to join Harper Square as a neighbor of Hobby Lobby, which is a couple of weeks away from opening. A rapidly expanding grocery chain, ALDI, also confirms plans to locate in the city.
Harley White of Southeast Real Estate Development Group said Marshalls, an off-price retailer of apparel and home fashions, is leasing approximately 20,000 square feet adjacent to Hobby Lobby. Demolition has begun in the existing building space of the shopping center to prepare for the interior construction of Marshalls, which is planned to open in the spring of 2018.
“We are very excited to bring another best-in-class retailer to Harper Square and Corinth,” said White, “and we are appreciative of the people at Marshalls for choosing to open a store at our shopping center.”
Another national retailer yet to be named is also expected to occupy a 20,000-square-foot space in the existing mall space.
Part of the same company as T.J. Maxx, Marshalls differs from its sister chain by offering a full line of family footwear, an expanded men’s department and a department specifically for juniors.
Hobby Lobby, soon to be the flagship of Harper Square with a 55,000-square-foot store, is set to have its grand opening on July 31. The craft and home decor retailer sits on space formerly occupied by a grocery store.
Although it is not disclosing a location, the ALDI grocery chain confirms it is planning to open a new store in Corinth during the fall, according to a statement from a division vice president, Troy Marshall.
The upstart is gunning to become the third-largest U.S. grocery store by the end of 2022 with the addition of about 900 stores, bringing it to 2,500.
“We’re growing at a time when other retailers are struggling,” CEO Jason Hart said in a June news release about the company’s expansion. “We are giving customers what they want, which is more organic produce, antibiotic-free meats and fresh, healthier options across the store, all at unmatched prices up to 50 percent lower than traditional grocery stores.”
At Fulton Crossing, the former Kmart building is beginning to see rebirth as Harbor Freight Tools remodels approximately 15,000 square feet for a new store.
Mayor Tommy Irwin said several more incoming retailers are brewing.
“It always goes back to this — an investment creates another investment,” he said. “Its like a domino effect. That’s what we’re having.”
He hears from investors that they like what they see in the city.
“People want to be around where things are happening,” said Irwin.