HomeGoods coming to Jonesboro
HomeGoods, an off-price home fashions retailer, will open a store in Jonesboro. The company has agreed to lease a 23,250 square-foot store in the Caraway Plaza, according to information from the commercial developer of the property. The financial agreements consummating the deal and the number of potential employees were not released.
“This is great news for Jonesboro and all of Northeast Arkansas,” said Gary Harpole, Managing Partner at Halsey Thrasher Harpole, who manages and represents the shopping center. “We have been working for months putting all the pieces in motion, and it’s a big day now that the leases are signed. By the time HomeGoods is open for business, Caraway Plaza will have been remodeled and re-tenanted into one of the premiere shopping centers in Northeast Arkansas. HomeGoods is in great company; and that’s one of the reasons they chose this location.”
HomeGoods has more than 600 stores in 45 states. The company claims to be the largest home fashion retailer in the country. Their parent company, TJX, also owns TJ Maxx, Marshalls, and Sierra Trading Post. The company is headquartered in Farmingham, Massachusetts.
The Jonesboro store will open in 2018. In the coming weeks, architects will work on the redesign of the building to meet the company’s needs, Harpole said. Once the doors open, the Caraway Plaza will be the second largest national retail shopping in the region, trailing only the Turtle Creek Mall, also located in Jonesboro.
HTH worked out the deal with Flake and Kelley Commercial of Little Rock, who represented HomeGoods in the deal.