{"id":1004087711,"date":"2013-12-02T08:51:21","date_gmt":"2013-12-02T16:51:21","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=221931"},"modified":"2020-05-18T03:41:23","modified_gmt":"2020-05-18T11:41:23","slug":"tiffanys-hm-open-in-french-quarter","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tiffanys-hm-open-in-french-quarter\/","title":{"rendered":"Tiffany’s, H&M Open in French Quarter"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

\"\"<\/a><\/p>\n

H&M New Orleans Grand Opening Second Line<\/p>\n<\/div>\n

New Orleans, the city that not so long ago had one of the biggest shortages of retail in the nation, just keeps adding retail options. From big-box retailers such as Walmart to affordable fashion icon H&M to luxury retailers such as Tiffany\u2019s, everybody seems to want to set up shop in the Big Easy. A combination of filling in of post-Katrina shortages, rebounding population numbers, and a growing local economy with existing and expected high-income employment opportunities in the technology and biosciences sectors have increased disposable income in the region. Also, as reported by The New Orleans Advocate<\/em><\/a>, the city\u2019s booming hospitality industry and growing reputation as a convention hub bring further high earners into the area, with an eye for luxury and a population that in some cases comprises as much as 30 percent of a store\u2019s clientele.<\/p>\n

One of the latest arrivals to the Crescent City is iconic jeweler Tiffany & Co., which opened its first New Orleans store on Canal Street, reports The Times-Picayune<\/em><\/a>. Located in the Shops at Canal Place, the 3,900-square-foot store took over space vacated by local jeweler Mignon Faget, which moved to a larger setup just a few feet away. Tiffany\u2019s New Orleans, a location 10 years in the making, is the 94th<\/sup> U.S. store for the world\u2019s second-largest luxury jewelry retailer and incorporates design elements from the flagship Fifth Avenue store in New York. Tiffany\u2019s will employ 21 in New Orleans.<\/p>\n

Another big retail event was the recent inauguration of the Pelican State\u2019s first H&M store, a virtual mecca for the young and hip. According to The Times-Picayune<\/a><\/em>, the 32,000-square-foot outlet opened on Decatur Street with thousands of customers lined up on the street. The affordable clothing and home d\u00e9cor bonanza is located at the former site of the Hard Rock Caf\u00e9 and is expected to increase the area’s foot traffic. Eighty percent of the store\u2019s 80 employees are local hires.<\/p>\n

Photo courtesy of Michelle Irizarry via Facebook.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

New Orleans, the city that not so long ago had one of the biggest shortages of retail in the nation, just keeps adding retail options. From big-box retailers such as Walmart to affordable fashion icon H&M to luxury retailers, such as Tiffany’s, everybody seems to want to set up shop in the Big Easy<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1599,21742],"tags":[1815,39456],"class_list":["post-1004087711","post","type-post","status-publish","format-standard","hentry","category-new-orleans","category-latest","tag-national","tag-new-orleans"],"acf":[],"yoast_head":"\nTiffany’s, H&M Open in French Quarter - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/tiffanys-hm-open-in-french-quarter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tiffany’s, H&M Open in French Quarter\" \/>\n<meta property=\"og:description\" content=\"New Orleans, the city that not so long ago had one of the biggest shortages of retail in the nation, just keeps adding retail options. 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