Parisian to get replacement soon

Parisian to get replacement soon

– Other retailers set to open at The Mall at Barnes Crossing,

By Dennis Seid

Daily Journal

TUPELO – Mall officials aren’t revealing who it is yet, but another retailer is poised to open in the Parisian location once the department store closes.

Parisian, part of the Belk chain, has been having a going-out-of-buiness sale for the past few weeks, and is scheduled to close its doors for good in late summer.

“We are close to finalizing a deal with an exciting store to replace Parisian,” said Jeff Snyder, the manager of The Mall at Barnes Crossing General Manager.

The mall already has two Belk stores, and having a third store with the Belk name wasn’t feasible.

Belk acquired Parisian from Saks Inc. in October in a deal that included 40 Parisian department stores. The company said it would rename the stores and divest itself of several others.

The other Belk stores at the mall were McRae’s locations that Belk acquired when it bought McRae’s and Proffitt’s stores from Saks Inc. in July 2005. The Parisian store at the mall opened in 1997.

Charlotte, N.C.-based Belk Inc. is the largest privately owned department store company in the United States with 279 Belk stores and 36 Parisian stores located in 18 states primarily in the Southeast.

The company was founded in 1888 by William Henry Belk in Monroe, N.C., and is in the third generation of Belk family leadership.

Other stores coming

Snyder also said the mall was going to make other “exciting” announcements soon.

“We have three other stores that will be added that we think will bring a different level of retailing into this market,” he said, without revealing who they were.

The Food Court also is scheduled to have two new additions, Snyder said.

“We’ve got a lot going on here over the next few months that we think will complement the shopping experience customers will find in Tupelo,” he said.

The super regional shopping mall, with about 12 million visitors last year, opened in 1990. Sales per square foot, a key industry measure, is about $397, putting it among the top three in the state.

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