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In sluggish economy, Garner retailer to expand

Posted December 30, 2008
Updated March 9, 2009

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— At a time when most companies are looking to scale back because of the tough economy, longtime family-owned Garner TV & Appliance is looking to expand.

Garner TV's general manager, Amgad Saad, says the 32-year-old company wants to expand its clientele by opening a showroom for high-end appliances in the Plantation Point Shopping Center across from Triangle Town Center.

Garner TV & Appliance Economic downturn not so bad for expanding Garner business

"It's an opportunity for us to be in that North Raleigh and Wake Forest market," Saad said.

Negotiations are still under way, but he says he hopes to open the new store by April.

The sluggish economy, Saad said, has actually been a positive because it helped Garner TV secure the site. Property managers are looking to get spaces filled.

"We found that the negotiation of the lease in this type of economy worked in our favor," he said.

Although he would not be specific, Saad said Garner TV saw record sales in 2007 and that business has been down 10 percent this year.

Even though times are tough and business has been down, he says the lease makes the deal worth it – a key element will be an option to get out of it if the store doesn't meet certain sales goals.

"We feel confident that even if we're not successful, it's still worth the risk," Saad said.

The new 5,700-square-foot facility near Capital Boulevard and Interstate 540 will only showcase products. Orders will be filled from the Garner store.

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  • fkhaywood Dec 30, 2008

    Prices & service are better @ Lowe's in Garner.

  • mathforall Dec 30, 2008

    Good Luck Guys!!! This family owned company supports the Garner Community in ways that many will never know about. I appreciate all they do for me as a club sponsor at a local school. I can also say that I have always gotten top rate customer service... if you've received less please go back in and bring it to the attention of the 3 siblings who founded the company and are most often found on site. I feel your concerns will be addressed in a manner that is pleasing to the customer.

  • superman Dec 30, 2008

    Home construction is down! People are losing their jobs! Most people are not going to jump into an expensive renovation anytime soon. He better make sure he gets his money upfront before they deliver.

  • iamyeary Dec 30, 2008

    That location is very close to hhgregg and Best Buy and Lowes and Home Depot and Sears....

    Good Luck with that.

  • capitalland Dec 30, 2008

    Has the owner ever tried to exit that parking lot at Plantation Square at rush hour? It's madness. They closed off the exit that leads directly onto Capital Blvd and everything exits onto Fox Road.

  • whatelseisnew Dec 30, 2008

    From what I heard about this guy and his store I would not recommend purchasing a toaster, let alone any expensive appliance.