A well-known Minnesota furniture retailer has plans to open to new store in Rochester.
Schneiderman’s Furniture has signed a lease to take over the empty 30,991-square-foot store at 4540 Maine Ave. S.E., says Larry Schneiderman, who leads the firm's board. His company is leasing the space from Best Buy, which closed its south Rochester store there in 2012.
Darci Fenske of Paramark Real Estate brokered the lease deal to bring furniture business to Rochester's Shoppes on Maine commercial development.
Schneiderman’s is a third generation, family-owned business with four stores in the Twin Cities and one in Duluth. It was founded by Larry Schneiderman's parents, and now his son, Jason Schneiderman, is the president of the business.
This will be the company's first foray into southern Minnesota.
The elder Schneiderman explains that he and his son Jason started researching options for expansion last year. Specifically, they were looking for a strong market within range of their distribution center in Woodbury, Minn. It didn't take long for Rochester to rise to the top of the list.
"It's a solid market, but also a solid city. We're really looking forward to opening in Rochester," says Larry Schneiderman. "Of course, there's the exciting things in the works for Rochester that we've all been reading about. But we think it's a good decision to be there, whether that all happens or not."
While the plans still are in the early stages, he hopes to open the new store early this summer. An estimated 16 to 20 employees are expected to staff it.
"We would like to, obviously, move as quickly as we can," Scheiderman says.
The first step will be to remove the building's distinctive Best Buy yellow and blue price tag facade. Then the interior will be completely overhauled "from the floor up to the lights," he said.
As real estate sales and home construction start to climb as the economy improves and the Destination Medical Center initiative begins to attract developers, competition is beginning to heat up in the furniture market.
Jim Sather and Mark Byer, who own Rochester's Furniture Superstore Factory Outlet and America's Mattress stores, have finalized plans to combine both of their stores into the soon-to-be-empty Menards facility at 5150 U.S. 52 North. The plan is open the mega-store this summer.
Not far from the site of Schneiderman's new location, two Rochester couples are working to open the independent Deutsch Furniture Haus in a 7,000-square-foot space at 3551 Commercial Drive Northwest in early April. It will specialize in local Amish-made furniture.