Thursday, April 12, 2007

Where downtown for new Carsons?

Two articles in the business section of the Trib today would seem to be related:

• American Girl Place will be taking over the first 2 floors of Lord & Taylor's WTP store

• Carsons has benefitted from the Field's-to-Macy's changeover and is looking good in the Chicago market with a desire to expand.

No mention of the replacement of the State Street was made in that arricle. It would have seemed to me that L&T WTP might have been a good choice, but I guess that is not to be.

Where do you think that Carsons would likely go to replace the State & Madison store:

State Street?
N. Michigan Ave?

Is the retail portion of Block 37 locked in and is that a possiblity? No Michigan Avenue site large enough for Carsons seems available on Michigan Avenue. Is there a chance that Saks (closing in Old Orchad and Oakbrook) with only Michigan Ave and Hghld Pk still open here might close and be converted to Casons? Is State or Michigan actually a necessity in the downtown area or could other less traditonal dept. store sites be considered? (I would have my doubts; Carsons would like to maximize sales in the central part of the city and would have dififculty doing this any place other than State or Michigan.)

Thoughts?>

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