OKC Retail Update

[Plutonic Panda]

Steve said this about a possible Nordstrom coming to OKC

Guest 10:43 a.m. One thing lacking in OKC is a major retailer such as a Nordstrom. We need something that is a step up from Dillard's. And...the Saks at the outlet shops is absolutely not the answer; night and day between Saks off Fifth and an actual Saks Fifth Avenue. Do you see anything to address this need in the future??? Thanks.

Steve Lackmeyer 10:44 a.m. I don't see it happening. The truth is the era of department stores is seen by many as coming to an end, or at least the days of department stores expanding are certainly over.

So that is why Von Maur came here? I also believe a couple new large department stores are coming to Dallas building on malls and possibly an expansion of one.

Steve also said in one of his previous chats the era(or days I think he said) of big box stores was over , but we are seeing new big box stores being built all over the city. Dallas and Houston is the same way. Here we have Chisholm Creek Development, new Sam's, Costco in Tulsa, multiple big box stores coming to Covell and I-35 in Edmond, new store Old Navy and some other one being built in MWC, Gander Mountain likely to 240, WinCo.... I could on and on.

I don't believe that OKC won't see an expansion of department stores. I think it's only a matter of time before a Belk, Nordstrom, or Saks is announced for here. We'll see I guess.

[bchris02]

Steve said this about a possible Nordstrom coming to OKC



So that is why Von Maur came here? I also believe a couple new large department stores are coming to Dallas building on malls and possibly an expansion of one.

Steve also said in one of his previous chats the era(or days I think he said) of big box stores was over , but we are seeing new big box stores being built all over the city. Dallas and Houston is the same way. Here we have Chisholm Creek Development, new Sam's, Costco in Tulsa, multiple big box stores coming to Covell and I-35 in Edmond, new store Old Navy and some other one being built in MWC, Gander Mountain likely to 240, WinCo.... I could on and on.

I don't believe that OKC won't see an expansion of department stores. I think it's only a matter of time before a Belk, Nordstrom, or Saks is announced for here. We'll see I guess.

Completely agree. Steve can sometimes get very idealistic and project that idealism into the things he says in his chats. To me, he loses credibility when he does that especially when it goes in the face of facts. The era of department stores and big box stores are definitely not over, its just evolving as it always has. Certain ones are struggling i.e. Sears, JCPenney, and Saks but others are expanding like Von Maur, Nordstrom, and Belk.

[BoulderSooner]

Steve said this about a possible Nordstrom coming to OKC



So that is why Von Maur came here? I also believe a couple new large department stores are coming to Dallas building on malls and possibly an expansion of one.

Steve also said in one of his previous chats the era(or days I think he said) of big box stores was over , but we are seeing new big box stores being built all over the city. Dallas and Houston is the same way. Here we have Chisholm Creek Development, new Sam's, Costco in Tulsa, multiple big box stores coming to Covell and I-35 in Edmond, new store Old Navy and some other one being built in MWC, Gander Mountain likely to 240, WinCo.... I could on and on.

I don't believe that OKC won't see an expansion of department stores. I think it's only a matter of time before a Belk, Nordstrom, or Saks is announced for here. We'll see I guess.

Steve doesn't know what he is taking about when it comes to national retail. Nordstrom is expanding with new stores in Austin Houston. And Canada this year and is growing both full stores and racks at a healthy rate

[Plutonic Panda]

Steve doesn't know what he is taking about when it comes to national retail. Nordstrom is expanding with new stores in Austin Houston. And Canada this year and is growing both full stores and racks at a healthy rate

Didn't know that. Thanks for the info!

[CuatrodeMayo]

Steve doesn't know what he is taking about when it comes to national retail. Nordstrom is expanding with new stores in Austin Houston. And Canada this year and is growing both full stores and racks at a healthy rate

100% correct.

[josh]

The only new Nordstorm's opening in Texas is in Houston.

Also, Belk is not at all akin to Nordstorm's or Saks or Nieman Marcus. Belk is in line with Dillards.

[Plutonic Panda]

The only new Nordstorm's opening in Texas is in Houston.

Also, Belk is not at all akin to Nordstorm's or Saks or Nieman Marcus. Belk is in line with Dillards.

Austin had one open up not too long ago, so that is what he was likely referring to.

I agree with you about Belk. Belk is not anything of luxury.

[BoulderSooner]

The only new Nordstorm's opening in Texas is in Houston

Nordstrom plans store at Austin?s Domain | www.statesman.com

Austin

And new store coming to jax opening this oct Nordstrom, 8 other stores to open in Town Center this October in Jacksonville | members.jacksonville.com

[DavidD_NorthOKC]

For you mall lovers.... Villaggio Mall

Even I liked that place and I hate malls in general. Villaggio has all the luxury brands and more.

[bchris02]

For you mall lovers.... Villaggio Mall

Even I liked that place and I hate malls in general. Villaggio has all the luxury brands and more.

That one looks amazing.

[DavidD_NorthOKC]

That one looks amazing.

Sitting on top of a very large percentage of the world's natural gas helps.

[Brett]

Conn's Home Plus is going out of business.

[Bunty]

For you mall lovers.... Villaggio Mall

Even I liked that place and I hate malls in general. Villaggio has all the luxury brands and more.

That resulted from all the world's money for oil flowing to the Mideast, along with having the world's tallest skyscrapers.