Thursday, September 12, 2019

Neighborhood Goods expanding; raises $11 million in funding

Chain Store Age
Neighborhood Goods is expanding its department store of the future concept.

The retail start-up will open its third location, in a new mixed-use development in Austin, Texas. The 10,000-sq.-ft. store is due to open in 2020.

Designed as a modern alternative to the traditional department store, Neighborhood Goods combines an ever-changing line-up of contemporary brands — many of them cult faves and/or digital natives — along with events and services. The company offers a variety of leasing and space options that make it easy for brands to set up shop and rotate in and out.. . . more