ct36, on 22 October 2011 - 06:15 AM, said:
I don't think Belk has opened at Phipps to really compete with the luxury stores. It opened there because Parisian was there, which didn't compete with them either. There's no way to have Bloomingdale's, Nordstrom, Saks Fifth Avenue, and Neiman Marcus less than half of a mile from each other and then have Belk and Macy's almost as upscale as them, because they would carry way too many of the same brands and, even though Belkis "only for poor people", if they had the same brands, chances are it would be cheaper to buy it at Belk. Sadly enough, I think people would rather spend $400 to buy something at Saks, Nordies, etc. than to pay $200 at Belk for the same exact item, just so they don't have to turn into "poor people" to get their designer clothes, handbags, etc. There's only so much Buckhead can have before it's saturated with all of the same stuff, so I understand why Belkis like it is. Chances are that Von Maur wouldn't be much different.
I definitely agree about the Belk thing. It is a really upscale store if you go to the right ones. The SouthPark Belk has brands such as Marc Jacobs, Ferragamo, Michael Kors (shoes, handbags, clothes "ready-to-wear"), Coach, Burberry, St. John, Citizens of Humanity, BCBG, Eileen Fisher, Joe's Jeans, Stuart Weitzman, Kiehl's, etc.
You know the little "in store boutiques" they have inside department stores? Well, Belk created Gucci's. They have a much more rich history than many other stores. Even Haywood's Belk carries about half of those brands.
Belk @ SouthPark also had Charlotte's first Louis Vuitton, and then at one point had Oscar de la Renta, and many more luxury brands until they pulled out for Nordstrom, their own stores, and Neiman Marcus.
Why is it to close to North Point. I think 11 miles is a safe distance. Phipps Plaza is 7 miles from Perimeter Mall, which is 18 miles away from North Point. The Southeastern U.S. "flagship" Macy's is just seven miles from the Perimeter Macy's, which even has a connecting 3 level Store for Homes and is 333,760 sq. feet, and yes Atlanta's "flagship" Dillard's ("supposedly") is at Perimeter Mall. The Macy's at Lenox Square is 433,308 sq. feet, but only spaced 7 miles apart from the Perimeter Macy's. Bloomingdale's at Lenox Square is 274,000 sq. feet on four levels. The Perimeter Mall Bloomingdale's is 222,056 sq. feet, and since that article came out about Bloomingdale's nearly a year ago, changes have been made and Macy's Inc. has said it has no plans to close the Perimeter Mall Bloomingdale's. But since you say ct36 that you only come to Atlanta to shop maybe around 6 times a year, many things can change. I live just 6/10's of a mile in a neighborhood behind Phipps Plaza so I have more exposure to all three of these malls and what is REALLY going on in our city's retail environment. That includes the guy from Milledgeville down in Middle Georgia.
The Phipps Plaza Nordstrom is 153,740 sq. feet, and the Perimeter Mall Nordstrom is 230,000 sq. feet. So our first Von Maur will be 140,000 sq. feet. That is even smaller than the Saks Fifth Avenue at Phipps which is 148,000 sq. feet. So I do not see a problem with Perimeter, because a new wing can be started on the opposite side of the Nordstrom wing, but be longer. It would start out northbound and then curve so that Von Maur would be on the west side. I have seen more things done where space is tight that people said never could be done, and presto, they do it.
The problem with the Belk at Phipps Plaza which is 170,000 sq. feet and a perfect fit for Von Maur,is that many people in this area which as I said in an earlier post above has one of the 10 wealthiest zip codes in the nation, may be shopping at Belk, but it has hurt Phipps Plaza tremendously. The mall is 100% leased except for the two level Belk wing where for example, the entire left side facing Lenox Road is boarded up with drywall except for United Colors of Benetton, and on the right side two retailers have been lost. This space would probably rent in a flash if it were a Von Maur, and probably to several upscale or even luxury retailers, most of which have chosen Lenox Square over Phipps Plaza because they have openly said that they do not want to be on "That Belk Wing." So people in North Atlanta do not have the familarity to Belk that Charlotte does. Many Atlantans that live in Buckhead, which has one of the 10 wealthiest zip codes in the nation, and tourist see this as what they have heard, that it is a low end department store and only the trailer park trash shop there.
And once again ct36, if you are so happy with South Park, why not stay there, and not even make your trips to Atlanta where as a teenager you claim to shop in some of the most luxury oriented retailers for your ready-to-wear and accessories. I just wonder where is a 15 year old high school kid getting all this money to spend, except maybe mommy and daddy?
Edited by Kenneth Disraili-Jean, 22 October 2011 - 12:19 PM.














