Forever 21 in SLO to bounce out after 2 yrs? Macy's in? (San Jose: real estate, loans)

[.highnlite]

That Forever 21 store and that whole shopping center was the first shopping center in this county

Well, no it wasn't, and Forever 21 has only been there a couple of year, Korean owned you know.

[the city]

Originally Posted by .highnlite

Well, no it wasn't, and Forever 21 has only been there a couple of year, Korean owned you know.

It was or the Madonna Plaza was. The SLO Promenade used to be the Central Coast Mall.

[.highnlite]

No, now, I could tell you two earlier shopping centers, but, it is more fun for you to do the research, at least, I like research, so I expect everyone else does too, except apparently, for the conservatives around here.

[user_id]

Originally Posted by the city

Well I for one am glad that Forever 21 will be stepping aside for a Macy's. Macy's fits SLO, Forever 21 does not.

Yes a store with a target demographic of 14~25 doesn't fit a town with a large college demographic. I'm sure the women at Cal Poly will be glad to pay double for the same cloths at Macy's.

SLO is just a bad city to do business in, so many restrictions etc. But whatever, the residents can have their overpriced turd sock.

[the city]

Originally Posted by user_id

Yes a store with a target demographic of 14~25 doesn't fit a town with a large college demographic. I'm sure the women at Cal Poly will be glad to pay double for the same cloths at Macy's.

SLO is just a bad city to do business in, so many restrictions etc. But whatever, the residents can have their overpriced turd sock.

You can get college type clothing at many places already. Do we really need 110,000 sq. ft Forever 21+Gap+Banana Republic+Abercrombie and Fitch+Urban Outfitters+all others?
There is Sears and Kohl's for cheap stuff. But nothing fits the niche of a high-end traditional department store. Not to mention 6,800 of SLO's population is not there all the time.

[user_id]

Originally Posted by the city

You can get college type clothing at many places already. Do we really need 110,000 sq. ft Forever 21+Gap+Banana Republic+Abercrombie and Fitch+Urban Outfitters+all others?

What you or I think SLO "needs" isn't too relevant. I have no idea if the population there is sufficient to support the stores, but the idea that Forever 21 isn't a good fit for a college town is rather odd.

Originally Posted by the city

There is Sears and Kohl's for cheap stuff.

And when those Cal Poly students age another 10~20 years they may be interested in shopping at those stores. Also since when is Macy's a high-end department store? Its just one step above Kohl's.

[the city]

Originally Posted by user_id

What you or I think SLO "needs" isn't too relevant. I have no idea if the population there is sufficient to support the stores, but the idea that Forever 21 isn't a good fit for a college town is rather odd.


And when those Cal Poly students age another 10~20 years they may be interested in shopping at those stores. Also since when is Macy's a high-end department store? Its just one step above Kohl's.

My point is that with all the competition and a city of 50,000 population I don't see us having much support for a Forever 21 if that size. And besides I never see anyone in there. Maybe a smaller Forever 21 would work.

It's a step above JcPenney's, Sears, and Kohl's. Some Macy's are lower-end and some are high end. The one in NYC and San Francisco are more higher end. But for darn hell I would not consider it a cheap place. It's a traditional department and that building is a 1980s mall department store building. The only remaining sign that we had a mall. When people wonder why we have a Macy's they learn we used to have a mall.

[the city]

Is their any building or building that could be expanded or could currently fit a Macy's with 100,000 sq. ft?

[Shawn_Estrada]

Originally Posted by the city

Is their any building or building that could be expanded or could currently fit a Macy's with 100,000 sq. ft?

Umm no. Not without a major environmental review and/or conditional use permit approval. An EIR alone will set you back about $500,000. So why on earth would a store do that to themselves with obviously the trend is smaller/leaner and they are still trying to recover from the recession with the likes of targent/amazon/Forever 21 beating them out on every single price point?

[the city]

Kohl's+Ralph's=110,000 sq. ft.
Forever 21=105,000 sq. ft.
The Embassey Suites would also fit.

Otherwise I can only think a new building could fit the space.

And Macy's is just one step up from Forever 21 and Target. And people would prefer shopping at that one step up.