Never built, but proposed

[FrankMoore99]

You need to explore old newspapers, as well as the public docs storewanderer mentioned. basically, you need to play historian.

Sometimes developers act as though they've recruited tenants but really haven't. One of the DeBartolo malls had an anchor space signposted for a store that never expressed interest and the store successfully sued to have it taken down.

A new development on the old Walter Reed campus in DC was initially premised on getting a Wegman's, except Wegman's never committed and came out to say so---they went into a different location in DC with great fanfare. The developer later claimed Harris Teeter would be a tenant and finally a Whole Foods actually opened.

Projects that involve historic properties or other expensive and/or difficult to develop parcels may go through numerous plans. The former Tivoli theater complex in DC went through multiple plans over a period of 15 years. Safeway was to be an anchor initially, later it was Shoppers, and finally it was Giant which does enormous volumes there.

Developers also sit on properties for many, many years. Every large region seems to have at least one of these. Douglas Development in the DC area is a prime offender and they have properties elsewhere in the Northeast. They will periodically propose something but it's often more a matter of talking points and "potential" tenants to keep neighbors off their backs for neglecting properties. There also are the developers who specialize in buying distressed properties and do likewise, waiting for the underlying real estate to gain value while they neglect the existing physical plant.

I am specifically wondering if there were any plans for more Bed Bath and Beyond stores in the Sacramento area in their expansion days since Bed Bath and Beyond only had 5 stores in the area (Folsom, Roseville, Sacramento-Arden, Natomas, and Elk Grove), 1 per 400,000 people. And most areas seemed like they had one per 250,000 to 300,000 including the Bay Area. Were there any planned for Citrus Heights or Rancho Cordova, Rocklin, and Woodland??

Was Bed Bath and Beyond proposed in Eau Claire and La Crosse?? They never had one, but seemed ripe for one.

Does anyone have anything on this subject?

[ClownLoach]

I am specifically wondering if there were any plans for more Bed Bath and Beyond stores in the Sacramento area in their expansion days since Bed Bath and Beyond only had 5 stores in the area (Folsom, Roseville, Sacramento-Arden, Natomas, and Elk Grove), 1 per 400,000 people. And most areas seemed like they had one per 250,000 to 300,000 including the Bay Area. Were there any planned for Citrus Heights or Rancho Cordova, Rocklin, and Woodland??

Was Bed Bath and Beyond proposed in Eau Claire and La Crosse?? They never had one, but seemed ripe for one.

Does anyone have anything on this subject?

Retailers have confidential formulas to determine store placement, and demographics are the key determining factor not population.

They may be looking for household income, average education level, ethnic makeup, daytime population, highway traffic, and many other factors. This is why you might see one area with one store per 400K versus one per 250K, and even one per 100K. There is some other factor you're not seeing and nobody outside of an extremely small and private group usually called the Asset Committee or Real Estate Selection Team etc. knows the "secret sauce recipe" that determines where stores are and aren't wanted.

Specialty retailers like BB&B would be guaranteed to have a secret formula like this. Although you might see it as every 250K, they might be placing one store per 125K college graduate or postgraduate females between 29 and 45 with an income over $100K for example. You'll never get anyone to tell you the exact determining factors as they're as secret as Col. Sanders 11 seasonings and spices, or the Coca-Cola secret formula. All of this direction and strategy originates in the marketing department and everyone else from buyers to real estate follows the guidelines.

[bryceleinan]

I am specifically wondering if there were any plans for more Bed Bath and Beyond stores in the Sacramento area in their expansion days since Bed Bath and Beyond only had 5 stores in the area (Folsom, Roseville, Sacramento-Arden, Natomas, and Elk Grove), 1 per 400,000 people. And most areas seemed like they had one per 250,000 to 300,000 including the Bay Area. Were there any planned for Citrus Heights or Rancho Cordova, Rocklin, and Woodland??

Was Bed Bath and Beyond proposed in Eau Claire and La Crosse?? They never had one, but seemed ripe for one.

Does anyone have anything on this subject?

I can tell you that based on where the Roseville store was, Rocklin would not have been a consideration for BBBY. They built that location to draw from both cities. Woodland was probably too small for one, since it’s relatively close to Natomas.

[FrankMoore99]

Was Bed Bath and Beyond proposed in Eau Claire and La Crosse?? They never had one, but seemed ripe for one.

Does anyone have anything on this subject?

I can tell you that based on where the Roseville store was, Rocklin would not have been a consideration for BBBY. They built that location to draw from both cities. Woodland was probably too small for one, since it’s relatively close to Natomas.

That makes sense. But Best Buy currently operates a Woodland store along with their Natomas store. Granted, Best Buy does not have a Yuba City store and Bed Bath and Beyond did. Will Best Buy consolidate in that market with either the Woodland store or to the Natomas store?? What store is better fit to survive?

And Best Buy has a store in Auburn, which sort of serves the Rocklin Commons/Crossings area. I admit the setup for Rosevile is weird, but there is a setup in the business world to have a West Roseville (Galleria or Pleasant Grove) location and an East Roseville (Rocklin Crossings or Douglas Blvd) location for many retailers. Was Bed Bath and Beyond proposed in Auburn or in Lincoln or for the Rocklin Commons/Crossings area??

[ClownLoach]

Does anyone have anything on this subject?

I can tell you that based on where the Roseville store was, Rocklin would not have been a consideration for BBBY. They built that location to draw from both cities. Woodland was probably too small for one, since it’s relatively close to Natomas.

That makes sense. But Best Buy currently operates a Woodland store along with their Natomas store. Granted, Best Buy does not have a Yuba City store and Bed Bath and Beyond did. Will Best Buy consolidate in that market with either the Woodland store or to the Natomas store?? What store is better fit to survive?

And Best Buy has a store in Auburn, which sort of serves the Rocklin Commons/Crossings area. I admit the setup for Rosevile is weird, but there is a setup in the business world to have a West Roseville (Galleria or Pleasant Grove) location and an East Roseville (Rocklin Crossings or Douglas Blvd) location for many retailers. Was Bed Bath and Beyond proposed in Auburn or in Lincoln or for the Rocklin Commons/Crossings area??

Best Buy has been closing stores not based on quality or revenue lately, but rent cost. So if they think they can close one they'll probably close whichever is more expensive. If they're both cheap real estate then they'll keep both. And nobody is going to know how much they pay since it's not public information.

Where I am they closed their newer and nicer store last year and kept an order, grungy location because it was cheaper. They didn't even remodel the old store being kept or move over the nicer newer fixtures from the closing site, many were disposed of via fixture sale.

Best Buy is a bit of an outlier because they don't need to have as good of locations since there are no other national electronics chains anymore. Back when they had competition like Circuit City, Frys, CompUSA, and other chains they were focused on getting the best "A" locations in the best shopping centers so customers would choose them first or have to drive past them to get to a competitor. They later added fill in locations in quieter centers. Those are the ones surviving because of lower rents and smaller size buildings while the "best" locations are shuttering.