Downtown Minneapolis Retail News

Downtown - North Loop - Mill District - Elliot Park - Loring Park
HiawathaGuy
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby HiawathaGuy » April 21st, 2016, 10:16 am

acs wrote:There's an outlet in Eagan, right? If anyone has been there, how does this compare?
I've been there many times. It features: concrete floors, temporary tables, rolling racks.
Not exactly sure why everyone is surprised?! This is Saks Off 5th! This is how they set up their stores.

Eagan: Image

City Center: Image

acs
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby acs » April 21st, 2016, 10:34 am

Ah good, I guess? I haven't been to Eagan so I wasn't sure if we were getting shortchanged or not.

LakeCharles
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Re: Downtown Minneapolis Retail News

Postby LakeCharles » April 21st, 2016, 12:21 pm

Doesn't look bad. Doesn't look that good either.

grant1simons2
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Re: Downtown Minneapolis Retail News

Postby grant1simons2 » April 21st, 2016, 12:36 pm

City Center's entire Nicollet Mall retail bays are now filled. Can we be happy about that?

mnmike
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby mnmike » April 21st, 2016, 12:47 pm

Yes! Let's hope it stays that way. And that Nordstrom Rack goes in IDS and something in Gaviidae on Nic, then we will be on our way.

acs
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Re: Downtown Minneapolis Retail News

Postby acs » April 21st, 2016, 12:58 pm

I think there's rightly some pessimism about the mall, however. Yes, we've gained Sports Authority, kept Saks and upgraded the Walgreens. However, we've also lost Gap, Jos. A Bank, and two restaurants (Mesa and Vincent). So overall in the past 2 years we're -1 clothing retailer and down two restaurants. Getting a Nordstrom's would be huge to at least get us back to even on one important category, so I really hope that pans out.

For what it's worth, if you're riding down the escalator in IDS center you can occasionally see into the old GAP space over the window covers. I've definitely seen the lights on once recently and people milling around, so it's not completely dead.

amiller92
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Re: Downtown Minneapolis Retail News

Postby amiller92 » April 21st, 2016, 1:12 pm

Well, if we're counting, we also gained Ling & Louie's and there will soon be a Five Guys, which should be highly successful. So that's at least a restaurant and a half.

acs
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby acs » April 21st, 2016, 1:44 pm

Ok, back to the Nordstrom's rumor. I just want to say really, really dislike underground retail. To get another department store back and fill the prominent GAP space? Fine, I'll take it. But I'd much rather Nordstrom's take the Banana republic's space above it instead and have BR move to Gaviidae. I walk by Marshall's every day, and to be honest it might as well not be there. There's no way to window shop when you go through the doors and immediately have to descend into a not-so sterile white shopping experience. Whatever department gets stuck down there for Nordstrom's won't do well, IMO.

amiller92
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Re: Downtown Minneapolis Retail News

Postby amiller92 » April 21st, 2016, 2:40 pm

That Marshall's seems to do pretty good business. I also shop there all the time.

But in a related vein, I went in to Saks today from the skyway level and for some reason didn't see where the interior escalator was to get down to the men's department. Thought it was strange that there didn't seem to be one. Having taken the atrium escalator down, I learned that I'm just blind, but still.

Anyway, I'll let Nordstrom Rack make its own decisions about whether part of its store is below grade.

mnmike
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby mnmike » April 21st, 2016, 2:52 pm

It isn't a department store or a Nordstrom's....but a Nordstrom Rack. Their answer to an Off Fifth, or a more upscale Marshall's, and I would gladly take it!

MNdible
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Re: Downtown Minneapolis Retail News

Postby MNdible » April 21st, 2016, 3:54 pm

If Nordstrom Rack does take the IDS space, they'll have a fairly significant presence on the street level, not just the escalators down like Marshall's has.

acs
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby acs » April 21st, 2016, 4:03 pm

I know that. Just pointing out the problems with the other half of their space.

MNdible
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Re: Downtown Minneapolis Retail News

Postby MNdible » April 21st, 2016, 4:42 pm

Most department stores don't have any windows anyway, so I guess I'm not sure why it matters if it's in a basement or on the third floor.

acs
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby acs » April 27th, 2016, 7:15 am

Sports authority will put all its stores up for sale, including the Nicollet mall store.

http://www.bizjournals.com/twincities/m ... uptcy.html

I wonder what happens if there are no takers?

Silophant
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Re: Downtown Minneapolis Retail News

Postby Silophant » April 27th, 2016, 10:34 pm

Even though they probably won't go for the suburban stores where they're usually already just down the road, I could maybe see Dick's grabbing a ready-made downtown store.

Hopefully whoever buys it puts a little more thought into what an appropriate product mix for a smaller downtown location would be, instead of SA's apparent strategy of just cutting all their departments in half and sticking everything in. For example, I'm not convinced it makes sense to have a full aisle of football gear and another full aisle of hockey gear downtown, leaving room for only half of a rack of bike accessories. We'll see, I guess.

sanguinic
Metrodome
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Re: Downtown Minneapolis Retail News

Postby sanguinic » May 1st, 2016, 2:36 pm

Well, that didn't last long: Now they're closing all stores (Sports Authority, that is): http://www.forbes.com/sites/lauraheller ... a9703d2203

amiller92
Wells Fargo Center
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Re: Downtown Minneapolis Retail News

Postby amiller92 » May 2nd, 2016, 9:18 am

sanguinic wrote:Well, that didn't last long: Now they're closing all stores (Sports Authority, that is): http://www.forbes.com/sites/lauraheller ... a9703d2203
The article has been corrected. They are liquidating. Whether a given store closes depends on whether someone wants to buy it and operate it.

grant1simons2
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Re: Downtown Minneapolis Retail News

Postby grant1simons2 » May 6th, 2016, 9:15 am


Didier
Capella Tower
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Re: Downtown Minneapolis Retail News

Postby Didier » May 10th, 2016, 1:27 pm

Milkweed is opening a bookstore on Washington.

http://www.mprnews.org/story/2016/05/10 ... -bookstore

grant1simons2
IDS Center
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Joined: February 8th, 2014, 11:33 pm
Location: Marcy-Holmes

Re: Downtown Minneapolis Retail News

Postby grant1simons2 » May 10th, 2016, 4:16 pm

Nordstrom Rack deal is imminent. Could open by next Spring,

http://www.startribune.com/nordstrom-ra ... 378875891/


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