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Buried deep in this round-up of Baton Rouge commercial real estate news is a delectable fashion retail tidbit/rumor about what's to become of the soon-to-be abandoned Borders locations in Louisiana. The Business Report of Baton Rouge reports that among the retailers eyeing ex-Borders spaces are Best Buy and H&M. Yup, that's right Louisiana, H&M.
Check it out:
According to national reports, Books-A-Million was looking at buying 30 to 35 Borders locations, but the deal fell through. The Baton Rouge location was not listed as a property Books-A-Million was interested in. Books-A-Million has two locations in the Capital Region, including a store in Siegen Marketplace, one Interstate 10 exit east of the Mall of Louisiana. Real estate consultants say discount fashion retailer H&M and Best Buy are also among those eyeing some of the Borders locations. While Best Buy is already at the Mall of Louisiana, H&M doesn't have any stores between St. Louis and Tucson, Ariz.If Swedish fast fashion retailer H&M were to open in Baton Rouge, it would be, as the story points out, one of the only H&M locations within 1,500 miles—second/third only to the two Dallas-area H&Ms that are slated to open between August 18th and Thanksgiving this year. What do you say, Louisiana? Want an H&M?
· Mall of Louisiana [Official Site]
· Retailers said to be clamoring for Borders space [Business Report]
· H&M may be looking at old Borders bookstore sites for new stores [NOLA]