HomeGoods to open Spring 2019 in Oxford Galleria II
HomeGoods will be the latest major retailer to enter the Oxford retail market.
The new store will be located in the Oxford Galleria II shopping center, next to Old Navy, which is opening this Fall. According to a news release from Trezevant Realty Corporation, the new Oxford location will join 4,141 worldwide stores owned by parent corporation, The TJX Companies.
“HomeGoods was launched by The TJX Companies in 1992 to expand the company’s presence in the home fashions market and currently operates more than 500 stores across the country,” the release said. “HomeGoods is excited about joining the Oxford marketplace and plans to open in Oxford Galleria II in Spring 2019.”
The chain operates in both stand-alone and superstore formats, which couple a HomeGoods with a T.J. Maxx or Marshalls store.
HomeGoods offers discount values on a broad array of giftware, furniture, lamps, rugs, accessories and seasonal merchandise. Like T.J. Maxx, HomeGoods markets to customers who are middle to upper-middle income shoppers who fit the same profile as the better department and specialty stores, according to a statement from Trezevant.
The TJX Companies operates stores in nine countries including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands and Australia, as well as three e-commerce sites.
Oxford Galleria II, LLC, is owned by John H. Trezevant and the James E. Davis Family Trust.
Trezevant Realty Corporation, which has offices in Germantown, Tenn. and Oxford, is acting as developer, leasing agent and asset management for the project. Taylor Trezevant, with Trezevant Realty Corporation, handled the lease negotiations for HomeGoods. The architect for this project is Kui-Mew Wong, of Architect Won International in Germantown, Tenn. Architect Won is also the architectural firm for Oxford Galleria II, Oxford Galleria I, Parkway Centre and Oxford Marketplace. The firm charged with civil engineering for the project is Williams Engineering of Oxford. Pinnacle Bank is the construction lender, and BerryHutton Construction of Chattanooga, Tenn. is the project’s general contractor.