When will Best Buy open? The best bet is next year

WICHITA — The question keeps coming:

When will the Best Buy at NewMarket Square at 21st and Maize open?

There’s no answer yet.

“They’ve accepted possession of the building, and they’re in full compliance with their lease,” says Jerry Jones of Slawson Cos., the NewMarket developer.

But he’s not certain when the store will open.

“When I’ve asked them, they’ve said . . . ‘We haven’t decided yet.’ ”

At this point, the opening isn’t likely for this year. Though there’s still a slight chance the store could be open in time for Christmas shopping, early next year is a better bet.

Jones says there’s no question about whether the store will open.

“We haven’t received any indication that they wouldn’t open,” he says.

Scottrade to open second Wichita branch at NewMarket Square

WICHITA — After 15 years in business in Wichita, Scottrade is opening its second location here.

“The business has been growing,” says Ernie Landwehr, branch manager.

Scottrade is a national discount stock brokerage firm.

The first location is in 1,500 square feet in Tallgrass Centre at 21st and Rock.

The new branch will be in 1,400 square feet next to Pei Wei at NewMarket Square at 21st and Maize.

April Reed with Slawson Cos., which owns NewMarket, handled the deal.

The new branch should be open by sometime in December.

Old Navy to downsize its NewMarket Square store by 5,000 square feet

WICHITA — The Old Navy store at NewMarket Square at 21st and Maize is looking to sublease about 5,000 square feet of its space.

That would leave the store with about 17,000 square feet.

The downsizing is in line with what Old Navy’s parent company, Gap Inc., is doing nationally.

The NewMarket Old Navy will stay in its current 22,000 square feet until a new tenant is found.

NewMarket Square starts third phase of development

newmarketWICHITA — The economy hasn’t halted plans at NewMarket Square.

Construction is under way on the third phase of development at the shopping center at 21st and Maize.

The new area is west of Best Buy.

New parking lots are already in along with a service drive that will allow service vehicles behind new buildings in this phase.

Prep work has begun on the buildings, which will start to take shape this summer.

Look for more details from developer Slawson Cos. soon.

University of Phoenix to open west campus at NewMarket

april1The University of Phoenix is opening a west-side campus at NewMarket Square at 21st and Maize.

“From a student’s standpoint, they’re going to be ecstatic about coming out to NewMarket Square,” says April Reed of Slawson Cos., which owns the center.

Reed says she can envision students stopping off at NewMarket’s numerous restaurants before or after class or stopping in various stores to run errands while there.

In the past, the University of Phoenix has been in office settings, Reed says. It has an east Wichita campus at the Feist building at 3020 N. Cypress Dr. It’s now moving into retail areas like NewMarket.

“We just thought it would be a great opportunity and a great location,” says Philip Orlando, the university’s director of academic affairs in Wichita.

He says the new location will be more convenient for some current students and will be a draw for new students as well.

“We’d like to think that we’re going to see a new influx,” Orlando says.

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Borders Books makes adjustments

borders

The two Borders Books and Music stores in Wichita have adjusted their hours and slashed prices on certain merchandise, but a company representative says, “That’s not an indication of anything.”

The struggling Ann Arbor, Mich.-based chain has stores at NewMarket Square and at 1715 N. Rock Road.

The stores have significantly reduced prices on CDs and DVDs. Borders spokeswoman Anne Roman says the chain is reducing the sale of multimedia products at a number of stores nationally.

Seventy stores will sell only 100 titles or fewer. Other stores will carry more but still have a reduced selection. And some stores will continue full multimedia sales. Roman won’t address Wichita’s stores specifically, but it looks like there will be some reduction here.

There’s a change in store hours nationally, too. Some hours are decreasing and others are increasing. In Wichita, the east-side store will be open noon to 7 p.m. on Sundays instead of 10 a.m. to 8 p.m. The west-side store’s hours aren’t changing.

“We have always adjusted store hours at various locations commensurate with store traffic,” Roman says.

Though Roman says the changes don’t indicate anything bigger, such as the stores are closing, Roman won’t say if the stores are at risk. She says whenever Borders closes stores, employees are always the first to know.