Press Release

Magnolia Economic Development, Arkansas Brings on Retail Strategies as Retail Recruitment and Downtown Development Partner

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FOR IMMEDIATE RELEASE 

CONTACT: Caroline Hannum
Retail Strategies
caroline@retailstrategies.com

BIRMINGHAM, AL (March 11, 2021) – Retail Strategies, the leading national retail recruitment firm, has partnered with Magnolia Economic Development, Arkansas to develop and execute a retail recruitment strategy on behalf of the city. Additionally, Magnolia will engage with Downtown Strategies, a division of Retail Strategies, as its partner for downtown revitalization and strategic planning for Magnolia’s downtown area.

“Magnolia engaged with Retail Strategies to recruit retailers to our city and further its development,” said Ellie Baker, executive director at Magnolia Economic Development. “Their team has access to a network of real estate professionals that will give Magnolia an advantage when attracting retailers on behalf of the city. We look forward to working with Retail Strategies.”

“Magnolia engaged with Retail Strategies to recruit retailers to our city and further its development. Their team has access to a network of real estate professionals that will give Magnolia an advantage when attracting retailers on behalf of the city. We look forward to working with Retail Strategies.”

Ellie Baker, Executive Director at Magnolia Economic Development

“The city of Magnolia has shown they are motivated to bring in new retailers,” said Clay Craft, vice president of client services at Retail Strategies. “Retail Strategies believes that Magnolia has a great environment to welcome further expansion and growth. We feel there are some great real estate assets to leverage in market, coupled with some missing pieces from their retail market, we expect this to be a successful partnership.  Our team is excited to work alongside city leadership to broaden the scope of retailers and restaurants in Magnolia.”

Through the new partnership, Retail Strategies will perform a real estate market analysis of the businesses located in Magnolia and identify areas of opportunity with expanding businesses. The Retail Strategies team will work hand in hand with city leaders to help them understand their market and highlight opportunities for infill. Additionally, the team at Retail Strategies will proactively reach out to potential businesses, property owners, brokers, and developers on behalf of Magnolia.

“Our city is pleased to be bringing both retail recruitment as well as downtown visioning and support into Magnolia,” said Micki Mitchell, executive director at Magnolia-Columbia County Chamber of Commerce. “Downtown Strategies offers a suite of services that will support further growth and development in Downtown Magnolia. We expect this partnership to lead to progression in our city.”

The Retail Strategies team will host an in-market workshop with business owners, merchants, business owners, community leaders, and elected officials to gain feedback and allow dialogue to provide immediate assistance to those needing it most. The team will then execute a market and real estate analysis taking a deeper dive into Downtown Magnolia. A customized Downtown Strategic Plan will be developed with specific strategies focused on policy, design, tourism, and economic catalyst opportunities for the downtown area.

 

About Magnolia Economic Development, Arkansas

 Magnolia Economic Development actively supports the growth and development of existing business and industry for Magnolia and Columbia County, Arkansas. MED is responsible for the promotion of the area as a competitive, viable business environment through marketing and public relations efforts, community development and support activities, educational programs, and planning and development programs. Magnolia known for its annual Magnolia Blossom Festival held at the beginning of May. The city is the county seat of Columbia County and offers many different festivals and attractions for all ages!

For more information, visit http://magnoliaedc.com/

About Downtown Strategies

Downtown Strategies, a division of Retail Strategies, specializes in downtown revitalization, placemaking, strategic visioning and planning, community engagement, and development for the purpose of enhanced economic vitality and social wellbeing for communities and their citizens.

About Retail Strategies

Retail Strategies is the national expert in recruiting businesses and strategically developing communities. Our mission is to provide the real estate expertise, tools, and human effort that position deserving towns as alluring locations for national businesses and destinations for tourism and quality of life amenities. With confidence, we pursue this mission by delivering unparalleled customer service as a unified team with unmatched real estate and community development expertise. Our activities pay a return in sales taxes, added jobs, and businesses that enhance and add to the unique qualities of your community.

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My relationship with the Retail Strategies team has been extremely valuable over the last couple of years as I’ve searched for sites in the Southeast. They have been persistent and provided any information they could gather for available properties that fit my criteria. If they received news that a space was coming available they made sure to immediately give me a call and connect with the owners. I would recommend using this service to any of my colleagues looking in their client cities.

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Retail Strategies has been a tremendous asset to Cypress. They have access to industry and business intelligence in an immensely competitive retail environment. The relationships they develop with commercial/retail property owners delivers results for the city because Retail Strategies excels at marketing their clients.

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