OKC retail sector highlighted at international conference
In Oklahoma City, the retail industry plays a critical role in funding the City’s core services. For that reason, the Greater Oklahoma City Chamber works to recruit national retail chains to locate here and support Oklahoma City’s distinctive local retail culture. To further that goal, a delegation from the Chamber and the City of Oklahoma City attended the International Council of Shopping Centers RECon conference last month to connect with more than 36,000 retailers, business owners and developers.
At the conference, the delegation shared Oklahoma City’s recent retail successes with attendees, including:
- Flix Brewhouse, a first-run movie theater that also incorporates a fully functioning microbrewery, locating at a new development at Broadway Extension and Britton Road
- Life Time Fitness at Quail Springs Mall, an athletic resort with gym equipment, studio classes, a pool, spa services and more
- Hopdoddy Burger Bar, a burger-and-brews concept restaurant coming to Chisholm Creek
- Costco, a membership warehouse club, plans to build a 150,000-square-foot store at Western Avenue and the John Kilpatrick Turnpike.
According to its most recent sales tax report, the City of Oklahoma City has enjoyed 13 consecutive months of increased sales tax revenue compared to the same months the previous year. In May, sales tax collections were up 18.4 percent compared to the same month in 2017. Sales tax collections fund the City’s core services, public safety, infrastructure improvements and quality-of-life projects.