What types of businesses can flourish in Oklahoma City?

Destination retail – Is your concept or project slated to bring customers in from outside the market? Do people come from miles around to shop at your store? Retailers like Von Maur, Top Golf, Cabela’s and more have decided to take advantage of the nation’s newest boomtown. If your business is new-to-market or looking to expand, let’s talk.

Grocery – Oklahoma City is a prime market for grocery retailers. With more than $2.1 billion spent annually on groceries in the OKC MSA, residents in Oklahoma City spend more than the national average on food at home ($4,133 vs. $3,899).* Grocery retailers can look at the success at concepts like Whole Foods Market, Sprouts, Uptown Market and others to see that groceries can sell well in Oklahoma City.

Restaurant – Restaurants find Oklahoma City a fertile ground because the MSA generates more than $1.6 billion in annual spending on food away from home. This results in a rate above the national average ($3,209 vs. $2,698).*

*Sources: OKC LBI report 7-19-14 and BLS Release 5-23-14

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