New competitors still entering Houston retail market amid oil slump

Mark Sondock isn’t worried about Houston’s retail market amid the energy downturn.

In fact, low oil prices are a boon to local retailers, whose shoppers have more disposable income to spend on goods and services. And despite the oil slump, Houston still has a modest population, housing and job growth, said Sondock,Stream Realty Partners’ managing director overseeing Houston’s retail market.

Click to read more at Houston Business Journal.