Tag Archives: Nike store

Ann Taylor And Allen Edmonds Leaving Main Street. Tumbleweeds Next?

Yesterday, Nike handed over the keys to their Main Street store landlord.

This summer, Ann Taylor and Allen Edmonds follow.

That will leave 3 empty stores out of 4 in a row — smack in the middle of downtown.

Skip Lane — retail director for Cushman & Wakefield, the leasing brokers — minces no words.

“It’s a scary time for retail,” the Westport native and Staples High School graduate says. “Nobody knows where this will end.”

Nike has vacated 5,600 square feet of space. Ann Taylor leases 4,000 square feet; Allen Edmonds, 2,000.

The Nike store on Main Street is now closed.

That will be dwarfed when the GGP Mall opens off I-95 Exit 15 in Norwalk. It’s huge — and, Lane says, the only enclosed mall under construction in the entire country.

“It can kill street retail,” he predicts. “Rents will be lower, and foot traffic will be higher.”

Rents for stores like Nike are now in the $130 per square foot range, Lane says. Recent deals, he notes, are around $80 to $90.

Right now, there are 20 or so vacancies in downtown Westport. Lane worries the number will climb.

“I’m a cheerleader for the town,” he says. “But a few more hits, and it will be tumbleweeds down there.”

He offers a partial solution: “Stop using Amazon. Support your retailers. Shop local!”

In 1962 — and long after — Main Street was a vibrant shopping destination. Many stores were locally owned.

Will Apple Just Do It?

Word on the (Main) Street is that Westport’s Nike store will close this Wednesday (January 24).

Further word is that an Apple Store may move in.

That rumor has been around for years. Apple is notoriously secretive about their plans — for everything — so we won’t know for sure until it happens.

But if it does, plenty of excited Westporters will run right over.

The Nike store on Main Street.