Charlotte-based retail holding company Cato Corp. has picked Stones River Mall to be one of the first locations for its new Versona Accessories chain, which sells women's jewelry and accessories. Cato officials recently told South Charlotte Weekly they plan to open up to 50 stores targeting higher-income women in the next year and a half.
National Health Investors has agreed to fund up to $21.5 million of the costs of a 60-bed rehabilitation and psychiatric hospital in Murfreesboro that is expected to open late next year. The facility, which will rise next to the new Middle Tennessee Medical Center, is being built by Brentwood-based Polaris Hospital and earlier this year also received some funding from local investment firm H.B. Sconyers. Polaris is run by Kevin Lee, who previously headed up SeniorHealth.
Rent-to-own giant Aaron's has snapped up the 30 stores formerly run by Crusader Management, which launched in Cookeville in late 2002. Among the locations, which will be converted to HomeSmart stores, are stores in Lebanon and Murfreesboro.
The Rutherford County Chamber of Commerce says it needs another $400,000 to reach its $4 million goal for Destination Rutherford, a four-year economic development plan that aims to create 5,000 jobs. That means the group has raised more than $1 million since mid-May.
Murfreesboro senior-care services provider Family Staffing Solutions has recruited Bruce Plummer to be its vice president of development. Plummer joins CEO Becci Bookner and her team as they prepare to expand the 12-year-old company's footprint beyond its three local offices and two franchised locations in Texas. Plummer is a veteran of the banking sector, where he most recently was VP of marketing and business development at F&M Bank in Murfreesboro.