Image via sleepnumber.com
Written by David Castellon
The Sleep Number store at the Fashion Fair Mall will move to a new location in January — but it won’t move far.
After 10 years at its current locale, the adjustable mattress store will move to the other side of Shaw Avenue to a free-standing building that had housed Cricket Wireless and UPS stores.
“The tenant is relocating from the mall to reduce the rent and [common area maintenance] charges they were paying, which is one of numerous benefits to such a move,” states a document provided by the commercial real estate team representing Sleep Number.
“Historically, when this tenant relocates from a mall into a new free-standing store, it sees a 30 percent-plus increase in sales, given the new site characteristics of parking, signage, and frontage on the primary road, which all drive store traffic,” the document continues.