Share “Von Maur prepares for October opening in...”

Von Maur prepares for October opening in Oklahoma City

Iowa-based department store hiring about 150 workers
by Brianna Bailey Published: July 24, 2014
Advertisement

The store is expected to generate $40 million in annual sales, city documents show.

In its agreement with the city, Von Maur can receive a sales tax rebate of up to $225,000 the first year and $275,000 by the eighth year. To qualify, the retailer’s sales must be at least $27.5 million the first year and $30 million each year after for the remainder of the agreement.

The incentives helped put Oklahoma City at the top of list for a Von Maur store, over locations where such rebates were not available, Jim von Maur said.

“We always we may have many locations each year where we would like to go, we have to kind of select based on the quality of the location and we look at the overall economic package, so that was certainly a deciding factor in our decision to come to Oklahoma City,” he said.

Von Maur began hiring for the Oklahoma City store in June and is still looking for applicants for full- and part-time positions, store manager Jessica Stetler said.

“We’ve had a lot of success with hiring so far, especially as we get closer to opening and work on the store is looking farther along,” she said.

by Brianna Bailey
Business Writer
Brianna Bailey has lived in Idaho, Germany and Southern California, but Oklahoma is her adopted home. She has a bachelor's degree in Journalism from the University of Oklahoma and has worked at several newspapers in Oklahoma and Southern...
+ show more


AROUND THE WEB

  1. 1
    Tulsa man arrested on 19 complaints after high-speed pursuit
  2. 2
    Federal lawsuit filed against Sapulpa Public Schools in connection with rape allegation against...
  3. 3
    Fox News announces prime-time GOP debate participants
  4. 4
    Did Sen. James Lankford fall into the 'man trap' on abortion?
  5. 5
    Oklahoma State places three walk-ons on scholarship
+ show more

FEATURED JOBS



× Trending business Article