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Home » Online children's boutique acquires downtown building

Online children's boutique acquires downtown building

Kids clothes retailer envisions first store at warehouse site

December 5, 2013
Mike McLean

Spokane wife-and-husband business team Chi and Trevor Walters, who operate online children's boutique One Good Thread LLC, have bought a 5,400-square-foot building at 806 W. Third and have moved their business there.

    Chi Walters says One Good Thread currently is using the former service station and eventually will open a retail store there.

     "We bought the building so we could expand," Walters says.

    The Walterses had operated the business, which is in its fourth year, from a home base.

    One Good Thread likely will begin planning for an envisioned retail store front at the site after the holiday-sales season, Walters says.

    "Now, we're busy with online sales through OneGoodThread.com," she says.

    The business has two employees in addition to the two owners.

    Walters describes the inventory as higher-end children's clothes that aren't mass produced, but rather made on a smaller scale by designer brands such as Persnickety Clothing, Pink Chicken, and Mustard Pie.

    "We buy from designers directly," she says. "For some designers, we're one of their largest retailers."

    One Good Thread sells to customers all over the world, including in Australia, Japan, Russia, and the Middle East, Walters says.

    She says she founded the business with the support of her husband because as a new mother at the time, she couldn't find stylish clothes she wanted for her daughter in Spokane.

    She says she tried buying children's clothes online, but was dissatisfied with customer service, and that motivated her to start her own, more customer-friendly business.

    Walters says sales have grown quickly. "Last year, we had 400 percent growth, and this year, we're at a steady 100 percent growth," she says.

    While Walters says One Good Thread has fielded numerous requests to open brick-and-mortar stores, the Third Avenue space is the only envisioned retail site being considered by the company right now.

    "We probably wouldn't open another store in this area," she says. "Our sales in Washington (state) are only about 1 percent of our total sales."

    Spokane commercial real estate agents Guy Byrd, of Cornerstone Property Advisors LLC, and Mark McLees, of NAI Black, negotiated the property transaction.

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