Medical marijuana isn’t the only retail sector getting over a high .
“Consumers who have been on a high the past three years due both to increased pandemic savings and higher debt loads are running out of both. All of this creates uncertainty and lessens consumer confidence, neither of which bodes well for retail,” according to specialists at OKC’s Price Edwards & Co.’s midyear review and outlook.
But, the firm said: “Locally, we’re in much better shape than some of the rest of the country,” with “moderate growth” expected for the rest of this year and into 2025.
“The good news continues for Oklahoma City retail,” Price Edwards reported in the market overview introducing the report, by Jim Parrack, senior vice president and retail specialist.
Here are some “centers of growth” you might not have noticed, and a recap of some projects that have been under development for awhile.
Discount chains love Oklahoma City
“Discounters continue to grab a growing share of the market,” Price Edwards said.