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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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RadioShack rescue raises question of what's worth saving

NEW YORK — RadioShack Corp.'s effort to seek financing and stave off bankruptcy raises a key question for investors, analysts and the customers who've shunned the electronics retailer for years: What's worth saving here?

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Barnes & Noble closing two Fort Worth stores

 

Robert Francis

rfrancis@bizpress.net

Book retailer Barnes & Noble Inc. said today the company will close two longtime Fort Worth locations – the downtown store in Sundance Square and the University Village store - in January.
David Deason, vice president of development for New York-based Barnes & Noble, released a statement regarding the closings.
 

 

“The lease for the Sundance Square store will expire in January of 2014,” he said. “The owners of Sundance Square have been fantastic partners throughout the 17 years we have been operating at this location. However, the sales generated at the store are not at a level that will support keeping the store open.”
 

According to Deason, Barnes & Noble could not reach an agreement to renew its lease with the owners of University Village, Glimcher Realty Trust in Columbus, Ohio.

"We have made tremendous effort to secure an extension to our lease at University Village,” he said. “However the owners of the property have communicated that they are committed to breaking the store up into smaller spaces for other retailers that will pay rents in excess of what we can afford. We had hoped that we could find a way to keep the store open, but there just was not interest from the property owner in this case.”


Glimcher officials could not be reached for comment. Barnes & Noble still has several area locations, including a store near TCU, just down the street from the University Village location and a site on South Hulen. 


In July, Barnes & Noble CEO William Lynch announced he was departing after a three-year tenure in which the company was battered by the shift away from brick-and-mortar bookstores to e-commerce and digital products.
Barnes & Noble has tried to compete in the tablet market with the likes of Amazon's Kindle and Apple's iPad, but sales of its Nook tablets have disappointed.
 

The company's first quarter consolidated revenues, announced in August, decreased 8.5 percent, to $1.3 billion, compared to the prior year.  

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?