Retail start-up seeks to re-invent the department store

After the retail start-up ‘Neighborhood Goods’ secured a seed round of US$5.7million in May, it announced a first store from November in an open-air retail and restaurant development called ‘Legacy West’ in the fast-growing town of Plano in Texas. Co-founder and CEO Matt Alexander calls it “a department store with a story.” Instead of a fixed landscape of racks and products from a finite number of brands, Neighborhood Goods aims for a retail experience filled with everything from unheard-of ind