One of the best things about being in the retail real estate business is watching the ever-changing face of the retail landscape. The past few years have been difficult at best as retailers pull back on expansion plans and shopping centers experience growing vacancy. Nobody likes to see empty windows in shopping centers.
Growing vacancies typically mean lower lease rates as landlords strive to fill their spaces.
There is an upside to this trend, however. Now that rates are more affordable, more mom-and-pops can take advantage of retail space they might not have been able to afford in the past. More independent retailers means more cosumer choice and more unique merchandise.
One of my favorite examples of a new independent retailer opening in Dallas is Holley’s Yarn Shoppe.
In the interest of full disclosure, I am a prolific knitter. Like I tell my friends, “If I’m sittin’, I’m knittin’.” Sadly, I am addicted to all things yarn.
Dallas knitters and crocheters don’t have very many yarn shops from which to choose. Typical road trips include The Woolie Ewe in Plano or The Shabby Sheep in downtown Dallas. But, hallelujah, now we have a yarn shop located right in the middle at which to feed our addiction.
Holley’s is a bright, friendly haven for yarn lovers located at the northeast corner of Inwood Road and Forest Lane. The shop faces the Tollway – you can’t miss the bright yellow sign.
During my inaugural trip to the store, the ladies on the staff were enthusiastic and encouraged us to just c’mon in and pet the yarn. (more…)