Category: Retail News

Kim’s Alterations masks up with style

Kim Lien Trinh

Just because masks have become a daily necessity, doesn’t mean you have to sacrifice your sense of style or personality. Kim’s Alterations is selling these unique, delicately hand-embroidered, cotton face masks at her shop located at 2002 N. Mississippi just off Cantrell Rd. Masks sell for $15 each and come in a variety of colors, so you can mix it up next time you mask up. And with the holidays right around the corner, you can show your support for this small local business by picking up a few extra masks to give as gifts to family and friends.

“They’re comfortable, pretty, and make you feel happy,” said Kim Lien Trinh, owner.

Kim's masks

Owner Kim Trinh shows off one of her favorite masks

Kim’s Alterations opened just over one year ago but Kim has been doing alterations since 1994. Business at her impeccably clean one-woman-shop has grown steadily and she enjoys meeting new people every day, Kim said. Services include alterations of men’s and women’s clothing, formal gowns, and beading. She also works on leather, a service that is hard to find. Still, her favorite things to work on are the formal dresses and wedding gowns. She’s open Tuesday thru Friday from 9 a.m. to 3 p.m. and Saturdays from 10 a.m. to 2 p.m.

If you’re thinking of hanging your shingle, browse our listings and contact one of our agents to help you find the best space for your business.

Costco is coming to west Little Rock

Costco coming to west Little Rock

Costco coming to west Little Rock

 

The Arkansas Democrat-Gazette reported today that the wholesale retail giant Costco’s plans for development of 31.81 acres at Chenal Parkway and Kirk Road in Little Rock were approved by city planning commissioners. This will be the first Costco store in the state of Arkansas. Plans include a more than 150,000 square foot warehouse with a tire shop, optical shop, and depending on licensing, a liquor store. The development also will have a free-standing gas station and outparcels. We at Kelley Commercial Partners are excited about this news and look forward to welcoming them to the market.

US Congressman French Hill holds town hall discussion live on Facebook

US Congressman French Hill

Yesterday afternoon US Congressman French Hill joined Arkansas Secretary of Commerce Mike Preston for a town hall discussion held live on Facebook with central Arkansans. Participants were able to ask questions in real time. Highlights include information regarding the federal tax rebate eligibility, benefits available to the suddenly unemployed, interest and repayment of federal student loans, and relief for homeowners and renters.

The CARES Act provides a reprieve until July 25, 2020 from eviction for renters residing in properties with federally backed mortgage loans. Renters affected by the Covid-19 public health and economic crisis living in multifamily properties financed by federally backed mortgages are eligible for relief from eviction if their landlord receives loan forbearance.

Flake & Kelley is currently assisting clients, landlords, and tenants to determine eligibility and complete necessary applications. If you would like to speak to one of our agents or property managers, please contact us.

SBA to Provide Economic Injury Disaster Loans for Coronavirus Related Economic Disruptions

Small Business Administration

SBA released a summary providing valuable information regarding basic filing requirements, eligibility information, and lender deferral information for small businesses and financial institutions suffering economic disruptions related to the Coronavirus outbreak. Applicants may apply directly to SBA’s Disaster Assistance Program. Free assistance also is available from any SBA partner. To find the office nearest you, visit: https://www.sba.gov/local-assistance

More information concerning SBA and its programs.

COVID-19: PUBLIC POLICY UPDATE from ICSC

ICSC, International Council of Shopping Centers, released a webinar yesterday summarizing Public Policy in response to Covid-19. The Coronavirus Aid, Relief, and Economic Security (CARES) Act aims to boost the economy with over $2 trillion in relief to individuals and small businesses with increased unemployment benefits and tax breaks.

The Senate passed the CARES Act, and the House is set to consider the stimulus bill on Friday. It is then up to the President to sign the bill into law.

ICSC is a 70,000-member network whose mission is to ensure the retail real estate industry is broadly recognized for the integral role it plays in the social, civic and economic vibrancy of communities across the globe. Currently, ICSC is actively monitoring the coronavirus outbreak on behalf of the retail real estate industry and its members. More information regarding updates and resources are available on the ICSC website.