That location for a Walmart would present an interesting challenge to what I would suspect to be Crest's flagship store. Walmart would have to have a really high opinion of themselves for that, I would think.
That location for a Walmart would present an interesting challenge to what I would suspect to be Crest's flagship store. Walmart would have to have a really high opinion of themselves for that, I would think.
Learned a bit more as to the Walmart rumor: supposedly on NE corner. Don't know if it would be a supercenter or not. And, yes, Newcastle is very close...but perhaps they would close it to have a larger store? According to Cleveland County records, the NE parcel is approx. 90 acres. And, no, Crest would not be happy about a supercenter; Neighborhood Market wouldn't bother Crest, as NM have higher prices than SC.
The other part of the 'rumor' is apts. going in, instead of Walmart.
There is a neighborhood market 3 miles away at 104 and western
Yeah I'd buy into it being a SC before a neighborhood market. I mean a SC is not out of the question IMO, it just seems to be a little over-saturated. Although the 240 Walmart is a bit dated, and I know most of us that live in this area go to the Newcastle, Moore or Mustang Walmart depending on where exactly we live. This area is kind of in the middle of those 3 without being super close to any of them, so it's a possibility.
The land is still listed for sale. It is 90.50 acres and is 11.8 million. Small change for Walmart. Although there is a Walmart SC at 240 and also one on 19th street....they are always packed. No one in my family including my parents who live near the 240 store will go to them. We drive to Newcastle. There is a big population growth and a lot of homes in this area so I could see a supercenter going here. A new Target would be much better though. The link to property is CBRE, Inc. - NE Corner of SW 104th & Interstate 44, Retail (land), SW 104th Street & Interstate 44, Oklahoma City, OK.
I don't think a SC will hurt the Crest. SC carries a limited amount of brands and the meat selection is horrible.
OKC has enough Walmart stores. I'm hoping for a Target there myself.
That is probably the point. In OKC in particular, Wal-Mart has driven out nearly all of the competing grocery stores. I am sure they are frightened by Crest's expansion and want to put out the fire before it gets too big.
This is Oklahoma City.
I really don't think most people care though. It's cheaper at Wal-Mart so they go there.
We wonder why OKC can never seem to get a decent retail development like other places get. EVERYTHING has to be anchored by a Wal-Mart. I guess I just had higher hopes that this development would end up being SOMETHING other than another Wal-Mart shopping center.
I hope it's not another Walmart Supercenter, If it has to be Walmart I'd rather it be a NM. Like I said I'd much rather have a Target over there. A Super Target would be even better.
FWIW, the WM rumors have been out there for 10+ years. I doubt if anything is going to happen anytime soon.
Makes sense. Wal-Mart kept Target out of Ft. Smith for decades by saturating the area with Supercenters. Eventually Target came in but not without a fight.
In OKC, the last thing Wal-Mart wants is a strong, competing grocery chain to get established. Right now, they almost have a monopoly on the grocery stores but see Crest as a real threat.
Do you have an anti-Walmart/end-of-days sandwich board suit replete with a tin-foil hat? Is there a twelve-step program for anti-Walmart obsession? Walmart is subject to the free market, as well, and if other stores can't compete with Walmart, they deserve to go under. As for myself, I can't imagine Walmart succeeding there, in either SC form or NM form.
WalMart couldn't care less about Crest. They do impact their OKC sales SOME, but when was the last time you went to a WalMart that wasn't overflowing with people? In a multi-billion dollar company, Crest is a small-fry and only a minimal annoyance.
OKC is far from being unique in having a competing local chain as well. Public, H-E-B, Piggy Wiggly, the list goes on and on. Even Homeland has an impact here with what little they do. It's just not anything WalMart loses the least bit of sleep over.
Crest has shown they can directly compete though. Look at Norman. The largest Crest ever built is gong in from the ground-up (which is the first time since the Edmond Store) right down the street from a Super Center.
And if you think the 240 WalMart is "dated", i'd like to see what you think of the Norman/Moore/Bell Isle/etc stores since those are even older.
Walmart is no where near a monopoly in OKC or anywhere. Nor is Walmart OKC's problem. The problem is that Walmart was and is courted by the municipalities and given breaks (that you can bet Crest or any other potential competitor) to build in the right city limits. Then the potential competitors assume the world hates Walmart (after all, have you ever seen a "people of Crest" website / train wreck?) and fails to compete with them believing no one will shop there when their so-called loyal customers can spend their purchasing dollars with a store they're already familiar with and know.
Absolutely, in the same regards that updating your house allows it to retain value. The point that I think was missed is that Walmart puts money back into those "older" stores that are in better locations. Unfortunately for the 240 location it hasn't been very well maintained.
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