Saturday, April 14, 2018

Jonathan Adler to Shutter Store at The Shops Buckhead Atlanta

Home decor and gift retailer Jonathan Adler is closing its lone store in Atlanta. The store, located on the Peachtree Road facing portion of The Shops Buckhead Atlanta in Buckhead, opened in June 2015 and is slated to close by mid May.  The store is currently offering 30% off all in-stock merchandise, 50-70% off floor models, and an extra 30% off sale and clearance merchandise.  
Inside the Jonathan Adler store at The Shops Buckhead Atlanta

In 2015, Jonathan Adler "moved" their Atlanta store from Westside Provisions District, where it opened in April 2011, to Buckhead.  

“I love Atlanta. The food, the people and the shopping are all fab,” said Adler in an interview with The Atlantan at the time of his Buckhead store opening.  “Our new Atlanta store is bigger, better and even more beautiful than before,” says Adler. “Plus, Buckhead is poppin’!”

Jonathan Adler is the latest in a string of retail closures at the beleaguered luxury development.  Scoop, Denim & Soul, Helmut Lang, and Kit & Ace are among the retailers that have closed in the project.  In addition, restaurants American F+B, Thirteen Pies, Dolce, and Corso Coffee have also closed there, with rumors of more closures to come.  

Given the struggles at the center, many tenants are reportedly on "percentage rent," meaning that they are only paying a percent of sales vs. the previously agreed upon rents.  This is largely due to lower than expected sales at many of the center's luxury and aspirational retailers.     

French restaurant Le Bilboquet and retailers Hermes and Christian Louboutin reportedly remain the center's strongest performers.  

Are you a fan of Jonathan Adler and surprised by the closure? Do you think Jonathan Adler should have stayed on the Westside?  What do you think is the single biggest reason for the struggles at The Shops Buckhead Atlanta?

Please share your thoughts below.  

15 comments:

Anonymous said...

Sad! The shops Buckhead Atlanta are so pretty and classic looking. Hopefully the right mix will stick someday. You can tell that Fuqua and Selig Enterprises had nothing to do with the design because its nice. They create completed crap!

Anonymous said...

I hope he just relocates and not leave Atlanta entirely. I enjoy The Shop Buckhead Atlanta and believe it could still work. Hopefully when that area is fully developed that it would have more traffic. Hold on Buckhead Atlanta help is on it's way!

I agree Fuqua and Selig Enterprises build crap!

Anonymous said...

You realize that almost every high end store in Shops of Buckhead still remains open to this day right? From the stores you mentioned closing, Scoop shut down all their stores, they do not have any stores anymore, it wasn't just Atlanta's. Helmut Lang has just a handful of stores left in the country if any.. and Kit & Ace a Canadian company, which was not very high end anyway, made the decision to shut down all their US stores, not just Atlanta's. All other stores that shut down in the development so far were not nearly as high end as most of the stores that remain in the development.

Anonymous said...

@ 11:44 AM high end / luxury buyers typically don't have the time or inclination to post comments like yours. Fake it till you make it!

Anonymous said...

To poster April 15, 2018 at 11:44 AM

People who have true wealth and a sense of self-esteem do not need to advertise their prosperity by attaching logos to their being. Quality items are easily identifiable even to those who can afford to purchase them.

Anonymous said...

Not surprised. The developers tried to make it Upper East Side NYC or Rodeo Drive.... None of which Atlanta is. Plus, I have heard that there are still some legal issues from the original start there that linger... Contractor, vendor liens... that kind of thing. Just because the original developer gave it up doesn't mean those liens go away. Interesting observation about the stores that have closed versus the ones that have remained. I would say, maybe they have remained because their rental requirements have been reduced. I do think they will figure it out there. It is a very desirable area and the development around it will add to it.

As far as the restaurants, I have been to many of them. Especially the originals. None of them were good. None. Atlanta has too many good restaurants to chose from to go somewhere simply because it's in a "high rent" district.

Anonymous said...

You should only list the stores that closed in buckhead Atlanta because they were not doing well.... many of these stores closed company wide....

Anonymous said...

Im the one who posted at 11:44 am..

@2:57 PM what are you talking about? Are you an Internet behavioral expert? Who cares on this website if I am a high end/luxury buyer or not? Read my comment again, I was just mentioning how the majority of closures so far were because the companies themselves were not performing well.. Not necessarily because of the location. And the really high end stores, such as Hermes, Dior and Moncler still remain open. I emphasized that because the shops Buckhead Atlanta's purpose was to be a high end outdoor shopping district and all high end stores remain open, except the ones such as Scoop NYC, because the company itself shut down all their stores.

@5:02 Again what are you talking about? How is that related to my comment? I'm talking about a high end districts performance in the city I live in.. Not philosophy. And yes I agree with "People who have true wealth and a sense of self-esteem do not need to advertise their prosperity by attaching logos to their being."

Anonymous said...

The reasons none of the restaurants have performed well is because customers are demanding ordering via influenza infected iPads they do not want to interact with trashy food service workers. Luxury diners are driving all the way to Sandy springs

Anonymous said...

Triggered at 9:16 PM

Anonymous said...

Since luxury retail doesn't appear to be working out how about converting these spaces to a nightlife district. Bars and clubs would make a killing there. Just like in olden times.

Anonymous said...

"Since luxury retail doesn't appear to be working out how about converting these spaces to a nightlife district. Bars and clubs would make a killing there. Just like in olden times."

YES !!! The Shops Buckhead Atlanta would be the perfect venue to revive FREAKNIK !!!
Embrace the demographics that are your customers !!!

Anonymous said...

Freaknik was a one week event. I think the bar/restaurant district is what was meant to be there. The Lodge, LuLus, Buckhead Saloon, Metropolitan Pizza, Jellyrolls, Rose & Crown, the old Fado, etc. Those were really fun times and I think Uber/Lyft would have helped solve some of the parking issues around the area.

Anonymous said...

Sadly, the evening bar and restaurant scene are the only spaces doing well. Very few of them
are wearing the brands sold in the shopping center because they are not affordable to the general public.
The women at American Cut dress like sluts-Gypsy Kitchen- a little better. Maybe if the designer stores were replaced with moderately high end retailers like those at Avalon, those women can afford to look classier,
therefor attract a nicer clientele. Unfortunately, the new Buckhead demographics is not like the the "old Buckhead" Those days are gone!

Anonymous said...

@ 3:32 PM An unciviled society is "progress" in today's backassward World. Right is wrong, and wrong is right. Dress like a slut and a man is accused, tried and convicted of "stare rape". Your statement "the new Buckhead demographics is not like the the "old Buckhead"" and your branded a Racist (or is the new term Nazi?)

Yes, the restaurant and bar scene is all that is doing well, by consumers that can least afford it. "Luxury" is mainstream so those with real wealth don't want it.

When "high end" ceases to exist in ATL what excuse will the "victims" come up with next?

Related Posts Plugin for WordPress, Blogger...