Over the last year we have all seen how retail has been directly impacted by COVID-19. The pandemic acted as a closure catalyst for those retail and restaurant brands already struggling and put others at risk that run on thin margins. With that said, it is not all doom and gloom.
Peachtree Corners is fortunate to have two lifestyle centers in The Forum and Town Center along with other power centers anchored by Publix, Target, ALDI, and LA Fitness among others.
Categories like grocery, home improvement, general merchandise, pet supplies, and fast food all showed strong sales figures over the last 12 months. People were at home doing more DIY projects and buying more groceries to eat at home with their families. Take it from these headlines “Store openings are outpacing closures in 2020: Coresight”, “Retailers Now Opening More Stores Than They’re Closing”, and CNBC’s “Rent is Cheap, vacant space is everywhere: Retails seize the moment to open stores.”
Some property owners weathered the storm better than others. Take Bayer Properties, the Forum’s leasing and property management firm, for instance. Instead of taking below market rents and short-term leases during 2020, Bayer held out for stronger, higher-credit brands that will strengthen the center and give it long-term staying power which benefits Peachtree Corners. They could have easily signed a tenant at a lower rent to fill vacancies, but that would have had an overall negative impact to the health of the center. Bayer has done a great job at looking long-term while simultaneously riding out the pandemic.
Retailers put a pause on new store openings and many struggled to get their product as manufacturing and shipping came to a halt. With that said, the 2020 pipeline of new stores was pushed to this year while many tenant reps are being tasked as we speak to add new markets and spaces to the 2022-2023 pipeline. Peachtree Corners is well-positioned with the current real estate available to take advantage of the new brands looking to expand in metro Atlanta.
Retail is constantly changing and the brands that adapt will thrive. So, as we work to stay on top of the ever-changing trends, Peachtree Corners will be well represented as restaurants and retail make their comeback.
Explore Gwinnett, the destination marketing organization for Gwinnett County, has announced the promotion of Lisa Anders from executive director to chief operating officer (COO). Since joining the organization in 1996, Anders has demonstrated outstanding leadership and has established a track record of developing partnerships essential to leading and expanding the evolving destination marketing organization. The creation and oversight of both the Gwinnett Film Commission and Gwinnett Creativity Fund are just two of her achievements.
“I am honored to step into the role of chief operating officer at Explore Gwinnett,” said Anders. “Over the past 13 years as executive director, I have had the privilege of witnessing remarkable growth for our destination. I am eager to enter this new chapter, and I’m looking forward to continuing to see how we expand.”
As COO, Anders will take on the additional responsibility of overseeing the Gwinnett Sports Commission. This division is dedicated to driving economic development through sports, managing a variety of events for youth, collegiate, amateur and professional athletic organizations. Ander’s innovative approach and extensive network of local and national connections will further support the commission’s overall mission to establish Gwinnett County as a premier sports destination.
“The Gwinnett Sports Commission team has excelled in attracting and managing a diverse array of sporting events over the past several years,” Anders added. “I look forward to working closely with this talented team to support their ongoing efforts and foster economic development for our community.”
Leroy Hite, founder of Cutting Edge Firewood, was honored with the Distinguished Alumni Award from Berry College in August
Berry College recently awarded its annual Distinguished Alumni Award for Entrepreneurial Spirit to Leroy Hite, founder of Cutting Edge Firewood (and Berry College graduate, class of 2008). The annual award recognizes and honors alumni who have demonstrated a range of positive entrepreneurial skills — including a commitment to turning a dream into a reality, the vision to create an enterprise, the courage to assume risks and the ability to make changes and take advantage of new opportunities.
“This award holds a special place in my heart, maybe more than any other I’ve ever received,” said Hite. “Being recognized by my alma mater is incredibly meaningful to me. My entrepreneurial journey began at Berry College. It’s where that initial spark was ignited, and honestly, I’m not sure I’d be where I am today without it. Berry nurtured my curiosity, drive and resilience — the key ingredients to entrepreneurship.”
Innovative entrepreneurship
Berry College professor and leader of the school’s Entrepreneurship Program, Dr. Paula Englis, said that Hite took every class she offered. And when those ran out, he did directed studies with her.
Hite was nominated by Berry alumni Alison Ritter, class of 1994. Georgia Governor Brian Kemp also supported Hite’s nomination.
“As a small business owner myself, I have strong appreciation for and recognize the perseverance it takes to build a business from the ground up,” said Kemp. “Leroy’s innovative approach to the firewood industry, focusing on product quality and customer service, mirrors the entrepreneurial spirit that has long driven Georgia’s economic success.”
The company
When Hite founded Cutting Edge Firewood in 2013, he created the world’s first luxury firewood and cooking wood company. He reinvented everything about the firewood industry, from how firewood is dried and stored to how it’s packaged, shipped and delivered. When the company began, it was just Leroy with a one truck and a trailer. Now Cutting Edge Firewood employs 40, stocks enough inventory to fill its 40,000-square-foot Peachtree Corners warehouse and ships wood to all 50 states.
The wide variety of wood from Cutting Edge undergoes a special drying process to ensure that it’s free from unwanted pests, mold or fungus and provides an unmatched clean and bright burn with pleasant aroma. Their focus on process and the use of hardwoods such as oak, hickory, cherry, apple, pecan and maple ensures their customers receive the highest quality firewood, cooking wood and pizza wood possible.
Cornerstone Christian Academy was recently awarded a Top Workplaces 2024 honor by The Atlanta Journal-Constitution. Recipients of this annual award are chosen solely from employee feedback gathered through a third-party survey administered by Energage, LLC. The anonymous survey uniquely measures multiple culture drivers that are critical to the success of any organization, including alignment, execution and connection.
In addition to their place on the 2024 list, Cornerstone was also ranked number one among small businesses and won a special award for company “Communication.”
“We were extremely humbled to hear that we were not only named on the list, but ranked first among small companies,” shared Colin Creel, headmaster at Cornerstone. “I am very thankful our staff has received this public validation of the amazing work that occurs here at Cornerstone. Our staff deserves all of the accolades they are receiving; Cornerstone is a very special place because of them.”
2024 marks the 14th year the AJC has recognized metro Atlanta businesses with the Top Workplaces award. And it’s the third time that Cornerstone has been named to the top spot in their category. This year’s recipients were selected from over 9,000 nominated companies and honored at an awards ceremony held at the Georgia Aquarium on August 14.