We told you in the Monday Business Briefing about changes at the malls on Shelbyville Road, including a a Michael Kors store scheduled to open June 26 in Oxmoor Center.
Michael Kors replaces an Eddie Bauer store in the center court area.
Which is great. But there’s a lot more because this is the time national retailers position themselves for the run up to Christmas, says Dee Snyder, chief marketing manager for Chicago-based General Growth Properties. And Louisville’s two GGP malls are poised to do very well.
“We’re running out of space,” Snyder says. “That’s a good problem to have!”
As we told you Monday morning, Oxmoor Center at 7900 Shelbyville Road is getting Michael Kors, which offers a wide variety of lines from haute couture to mid-range apparel and women’s accessories. The closest full Michael Kors inventory is in the boutique section of the Saks Fifth Avenue store in downtown Cincinnati.
Near the Michael Kors space in Oxmoor, Coldwater Creek is closing. Two retailers will take that center court space, though Snyder declined to identify them until leases are final.
Youth apparel giant American Eagle moved in May to Mall St. Matthews from Oxmoor, where it will be clustered with related stores including an Aerie store for young women.
Madewell, a woman’s apparel chain that’s part of the New York City-based J.Crew empire, will replace American Eagle at Oxmoor.
Mall St. Matthews, a mile west at 5000 Shelbyville Road, is getting a new Dallas-based chain aimed at teens and twenty-somethings. Earthbound Trading Co. has stores in 28 states, including 9 stores in Tennessee alone.
Earthbound Trading’s website is mostly one big Instagram parade, with no information about company. Which appears to be fairly large.
Snyder describes the Earthbound Trading offerings as “eclectic.” Stores stock a combination of affordable, alternative “hippy-inspired” apparel along with home furnishings, artwork and tschotskes. Imagine Urban Outfitters and Clay & Cotton combined.
Other retailers coming to Mall St. Matthews include House of Hoops, a basketball-focused store from the Footlocker sports shoe chain.
Another sports shoe and apparel store is slated to open in Mall St. Matthews near the anchor building that houses Dillard’s women store.
Last but not least, for several months, sources have been telling IL not to be surprised if the Sears store – one of Oxmoor’s three anchors – closes.
Not in the works, Snyder says. She acknowledges Sears is issuing regular lists of stores closing. “But we’re not on that list.”
Investment websites have taken to calling Sears “the dying dinosaur of retail.” The 121-year-old retailer, which owns the successful Lands End e-tail concept and Kmart, has been struggling since hedge fund billionaire Eddie Lampert rolled them all up in 2005 into Sears Holding.
Both GGP malls in Louisville have a had good years recently. Last year, Oxmoor landed H&M, the Stockholm-based quick-fashion retailer, which opened a huge 27,000-square-foot, two-story store. Oxmoor also has the only Apple store in Kentucky. A year ago, a Cinemark Mall St. Matthews opened.