Is Gateway Commons about to get bigger?
The mall’s owners, Gulfstream Commercial Services, posted a map on Facebook showing Boot Barn, Buckle, Old Navy, Sierra Trading Post and HomeGoods “coming summer 2025.”
The site is between the main strip center and where Publix has announced plans to build a supermarket next year.
But the company said it had no comment on the post.
Sierra and HomeGoods are part of the TJX companies, which also includes TJ Maxx.
Buckle is a fashion retailer.
Boot Barn is a western liquor chain.
Rumor has it that Old Navy has been coming to Owensboro since 2000.
But so far it has not been successful here.
• The National Retail Federation predicts modest sales growth during the holiday season.
They say Christmas spending should grow between 2.5% and 3.5% last year.
That would mean between $979.5 billion and $989 billion.
• The Kentucky Department of Insurance says worker’s compensation insurance costs for Kentucky businesses are declining for the 19th year in a row.
The annual return that insurers use to develop rates for workers’ compensation coverage shows an average loss cost reduction of 8.4%.
• Kentucky companies exported $40 billion worth of exports for the first time last year.
Now the state is getting $400,000 in funding from the U.S. Small Business Administration’s State Trade Expansion Program to help more companies expand their export presence.
Eligible Kentucky businesses can receive up to $15,000 in reimbursement subsidies.
If you are interested in applying for financing, please visit kyexports.com.
• The Lane Report shows that a Kentucky Chamber of Commerce survey found that two-thirds of Kentucky CEOs say the area is a place where businesses can succeed, and nearly as many, 63%, say Kentucky is a place where consumers want to live. .
It added that fewer people are looking to hire this year: 31%, compared to 40%% last year.
But 78% say Kentucky doesn’t have an ample supply of workers.
• The Sazerac Company, owner of Glenmore Distillery in Owensboro, was recently named American Whiskey Producer of the Year at the 2024 International Spirits Challenge for the fifth year in a row.
