Comment on Von Maur misses sales goal for Oklahoma City incentive money

Von Maur misses sales goal for Oklahoma City incentive money

By Brianna Bailey Business Writer bbailey@oklahoman.com The owner of Quail Springs Mall had the help of a sales incentive deal with Oklahoma City worth up to $2 million to lure Iowa retailer Von Maur in 2014 but has yet to reap any of the promised money because the store has missed its sales goal. In its first year of operation at Quail Springs Mall, Von Maur did not meet the required minimum sales thresholds for the mall owner, Chicago-based General Growth Properties Inc., to receive an incentive payment from Oklahoma City. Melody Wright, chief operating officer for Von Maur, said that while sales at the Oklahoma City store have been affected by lower crude oil prices, the company has been pleased with the store's performance.Read more on NewsOK.com

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News