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May 25, 2017

Swan Song for Luther’s Walmart


IMG_6769Catfood, sunscreen and beer is about all that’s left on the shelves at the Luther Walmart. The rest of the stock went on sale Monday for 75% off, in advance of the stores closure later this week.

Jeff Williams with Williams Foods, a local grocer with stores in many rural Oklahoma towns told The Luther Register on Monday that he was visited with Luther town officials about the Walmart closure. Without ruling it out in the future, he said there is just too many unknowns to decide to bring a Williams to Luther.

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One of those unknowns is the selling price of the newly constructed property. Williams guesstimates the building is worth more than two million dollars. Factoring in a payment on a loan that size, plus the other costs of doing business, he doesn’t know of many retailers who could jump in and be profitable.

Williams has battled Walmart in other towns and said he is grateful Williams stuck it out in Stroud, a town where Walmart is also closing a store this month.

Walmart announced less than three weeks ago that it would close down the store that sits on Route 66 east of town. There is no official word yet on Walmart’s plans to sell the building or a selling price, or if it will offer any concessions to the community.

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About Luther Register

Dawn Shelton and her family moved to rural Luther in 2010 after years of living near downtown OKC. Her professional background is in media, public relations, writing and even managing a winery and event venue down the road. Her dream of launching an online news service for Luther came true in November 2015 through humbling and encouraging support from friends and neighbors. THANK YOU. Send story ideas or inquire about advertising partnerships dawnshelton@lutherregister.news