Dates of closures can vary. Most Kmart and Sears stores listed are expected to close in December.
California
Carlsbad Sears: 2561 El Camino Real
Eureka Sears: 3300 Broadway
Lakeport Kmart: 2019 S Main St.
North Hollywood Kmart: 13007 Sherman Way
Oakdale Kmart: 175 Maag Ave.
Salinas Kmart: 1050 N. Davis Rd.
Tehachapi Kmart: 710 W. Tehachapi Blvd.
Colorado
Aurora Sears: 14200 E Alameda Ave
Pueblo Kmart: 3415 N Elizabeth St.
Connecticut
Watertown Kmart: 595 Straits Turnpike
Delaware
Bear Kmart: 301 Governor Place
Wilmington Kmart: 4700 Limestone Road
Florida
Jacksonville Sears: 10302 Southside Blvd
Leesburg Sears: 10401 Us Highway 441
Miami Kmart: 3825 7th Street NW
Oviedo Sears: 1360 Oviedo Marketplace Blvd
Vero Beach Kmart: 1501 US 1
Idaho
Lewiston Kmart: 1815 21st St.
Twin Falls Kmart: 2258 Addison Ave E
Illinois
Bridgeview Kmart: 7325 W 79th St.
Indiana
Elwood Kmart: 1519 State Road 37
Kokomo Kmart: 705 N Dixon Rd
Richmond Kmart: 3150 National Rd W
Valparaiso Kmart: 2801 Calumet Ave
Kentucky
Erlanger Kmart: 3071 Dixie Hwy
Somerset Kmart: 420 East Highway 80
Maine
Auburn Kmart: 603 Center Street
Augusta Kmart: 58 Western Ave
Maryland
Gaithersburg Sears: 701 Russell Ave
Stevensville Kmart: 200 Kent Manor Drive
Massachusetts
Brockton Kmart: 2001 Main Street
Webster Kmart: 70 Worcester Road
Michigan
Belleville Kmart: 2095 Rawsonville Road
Clio Kmart: 4290 Vienna Road
Grayling Kmart: 2425 S.1-75 Business
Hastings Kmart: 802 W. State Street
Marine City Kmart: 6730 River Road
Menominee Kmart: 1101 7th Ave
Midland Kmart: 1820 S. Saginaw Road
Oscoda Kmart: 5719 N US-23
Minnesota
International Falls Kmart: 1606 MN-11
Saint Paul Kmart: 245 E Maryland Ave.
Montana
Kalispel Kmart: 2024 US-2 E
New Jersey
Somers Point Kmart: 250 New Road Rte 9
Trenton Kmart: 1061 Whitehorse Ave.
Wall Kmart: 1825 Highway 35
Wayne Kmart: 1020 Hamburg Turnpike
New Mexico
Las Cruces Sears: 700 S Telshor Blvd.
Santa Fe Kmart: 1712 St Michaels Drive
New York
Bath Kmart: 420 W Morris St
Buffalo Kmart: 1001 Hertel Ave
Mattydale Kmart: 2803 Brewerton Road
Yorktown Heights Kmart: 355 Downing Drive
North Carolina
Clemmons Kmart: 2455 Lewisville
Waynesville Kmart: 1209 Russ Ave.
North Dakota
Fargo Kmart: 2301 S University Drive
Ohio
Barberton Kmart: 241 Wooster Road North
Brunswick Kmart: 3301 Center Road
Cincinnati Sears: 4595 Eastgate Blvd.
Grove City Kmart: 2400 Stringtown Road
Harrison Kmart: 10560 Harrison Ave
Heath Sears: 771 S 30th St.
Oklahoma
Clinton Kmart: 2501 Redwheat Drive
Pennsylvania
Chambersburg Kmart: 1005 Wayne Ave
Clifton Heights Kmart: 713 E Baltimore Pike
Doylestown Kmart: 4377 PA-313
Easton Kmart: 320 S 25th St.
Elizabethtown Kmart: 1605 S Market St.
Holmes Kmart: 600 MacDade Blvd
Leechburg Kmart: 451 Hyde Park Road
New Castle Kmart: 2652 Ellwood Road
Shillington Kmart: 1 Parkside Ave.
Towanda Kmart: 328 Ennis Lane
Washington Sears: 1500 W Chestnut St
Puerto Rico
Aguadilla Kmart: Road 2 Km 126.5
Bayamon Sears: 1455 Carr.2
Carolina Kmart: 65th Infantry Ave.
Cayey Kmart: Ave Jesus T Pinero 4
Trujillo Alto Kmart: 200 Carr 181
Yauco Kmart: 601 Yauco Plaza
South Carolina
Greenville Kmart: 1 Kmart Plaza
Lexington Kmart: 748 W Main St
West Columbia Kmart: 1500 Charleston Hwy
Tennessee
Lebanon Kmart: 1443 W Main St
Texas
Corpus Christi Sears: 1305 Airline Road
Utah
St George Kmart: 745 S Bluff Street
Virginia
Chesapeake Kmart: 2001 S Military Hwy
Tabb Kmart: 5007 Victory Blvd
Washington
Aberdeen Sears: 1219 S Boone St.
Everett Sears: 1302 SE Everett Mall Way
West Virginia
Elkview Kmart: 201 Crossings Mall
Wisconsin
Mauston Kmart: 800 North Union
Racine Kmart: 5141 Douglas Ave.
Ripon Kmart: 1200 West Fond Du Lac St.
https://www.usatoday.com/story/money/2019/08/31/kmart-sears-store-closings-more-locations-shutter-end-2019/2168435001/?fbclid=IwAR3snRyYs5iZyjBY2XMvrBnjwhrBuLpF5XKm0MLvV3a_ySptYgXW1bSx_yM
It's about time for Sears to go ahead and put itself out of misery. Do you think this will spark the decline of Avenues Mall?
Quote from: thelakelander on September 03, 2019, 01:13:56 AM
It's about time for Sears to go ahead and put itself out of misery. Do you think this will spark the decline of Avenues Mall?
No, I don't think the majority care about Sears anymore. They went from an everything store to an auto service and appliance store, to an appliance store. Few people thought of Sears for clothing or fashion and they never seemed to keep up with the times.
Quote from: thelakelander on September 03, 2019, 01:13:56 AM
It's about time for Sears to go ahead and put itself out of misery. Do you think this will spark the decline of Avenues Mall?
A vacant anchor isn't good. Further, Forever 21 is on the edge of bankruptcy, and are likely doing this to close underperforming locations.
https://www.forbes.com/sites/carlieporterfield/2019/08/29/forever-21-considers-filing-for-bankruptcy-reports/#799fa2235bcd
Additionally, JCPenny isn't exactly a Wall Street darling, either. That leaves Dillard's and Belk.
I'd say this: It's likely worse in optics than in day to day impact as we all know how much of today's retail dollar is spent with Sears. I did a long thing for work about Sears a while back - 25 years (minimum) of executive mismanagement led to this.
But, the optics are important and could create an image problem trying to fill vacant spaces.
Whenever a mall anchor closes, the smaller shops on that wing tend to follow suit. It will be interesting to see how quick they can find something else to activate and anchor that part of the mall.
Fuddruckers!! Will be a Game ChangerTM
;)
Maybe COJ could buy the mall, evict the remaining tenants and demolish it.
Quote from: thelakelander on September 03, 2019, 05:30:16 PM
Whenever a mall anchor closes, the smaller shops on that wing tend to follow suit. It will be interesting to see how quick they can find something else to activate and anchor that part of the mall.
The Sears wing is small and directly connected to the busy food court. Dillard's is also nearby to that wing. I don't think it will have the same impact on that section of the mall as say a long wing with a lone anchor.
The Avenues is still pretty active and won't quickly decline by losing one anchor. In fact, I wouldn't be surprised if a new anchor fills it within the year after closing.
Quote from: thelakelander on September 03, 2019, 06:16:39 PM
Maybe COJ could buy the mall, evict the remaining tenants and demolish it.
just need to replace it with something #iconic - like a full flyover interchange connecting Southside Blvd directly with I-95 and I-295! #winning
Quote from: Jim on September 03, 2019, 07:32:55 PM
The Avenues is still pretty active and won't quickly decline by losing one anchor. In fact, I wouldn't be surprised if a new anchor fills it within the year after closing.
With regard to the Avenues:
I wouldn't be shocked, but I'd be surprised if it's a national anchor:
- Nordstrom isn't likely to put a second store in Jacksonville
- Macy's isn't exactly in the strongest financial position, largely because of Real Estate issues, so that covers Bloomingdale's too (though the latter would NOT be entering Jacksonville anyway).
- I doubt if Saks or Neiman enter the market, they'd enter at the Avenues
If it's filled expect something a little different like Kohl's, Target, something from TJX Perhaps (TJX is TJMaxx/Marshall's/HomeGoods), or something like Best Buy or a large furniture store (Which would be a massive store) as all are doing relatively okay financially. I'm sure Simon would like to stay away from something radically different from retail, as it could cause the Avenues to develop a "Regency" Stigma.
One thing to also consider on the horizon: Retail leases in malls are ideally (for the landlord and management) 10 years. The mall opened in 1990, and in 2000 there was no issues with renewals. In 2010 it was a different story with Town Center coupled with the financial crisis that the country was digging out of. Now comes 2020.
I think if I'm Simon/Landlord, if a good tenant falls in your lap you take it. Otherwise you take a hard look at renewals for the smaller stores before you do anything drastic. This could be a game of chicken for the smaller stores and Simon. I don't THINK you'll see something on the scale of what Dewberry Capital did when they bought the Roosevelt Mall in the late 1990's, but you never know.
With Regard to Sears:
What's different here is that while many of Sears' stores are physically owned by Sears, the store at the Avenues is not (though of note, Belk, JCPenney, and Dillard's DO own their buildings - the latter's ownership at Regency is largely why they went the Clearance Center route). Sears owns the Regency building (earlier this year they did a large sale of real estate to their new corporate structure so you'll see a change in ownership earlier this year). Not sure about the OP Mall and don't feel like looking up the Clay County property appraiser's site.
My belief is this could be it for Sears, which amazingly could have been the Amazon of ecommerce AND Brick and Mortar but they messed it up. Unbelievable.
^ City Furniture is making a big push up into central Florida - northeast Florida would be a next logical step
Quote from: Steve on September 04, 2019, 09:09:12 AM
Quote from: Jim on September 03, 2019, 07:32:55 PM
The Avenues is still pretty active and won't quickly decline by losing one anchor. In fact, I wouldn't be surprised if a new anchor fills it within the year after closing.
With regard to the Avenues:
I wouldn't be shocked, but I'd be surprised if it's a national anchor:
- Nordstrom isn't likely to put a second store in Jacksonville
- Macy's isn't exactly in the strongest financial position, largely because of Real Estate issues, so that covers Bloomingdale's too (though the latter would NOT be entering Jacksonville anyway).
- I doubt if Saks or Neiman enter the market, they'd enter at the Avenues
If it's filled expect something a little different like Kohl's, Target, something from TJX Perhaps (TJX is TJMaxx/Marshall's/HomeGoods), or something like Best Buy or a large furniture store (Which would be a massive store) as all are doing relatively okay financially. I'm sure Simon would like to stay away from something radically different from retail, as it could cause the Avenues to develop a "Regency" Stigma.
One thing to also consider on the horizon: Retail leases in malls are ideally (for the landlord and management) 10 years. The mall opened in 1990, and in 2000 there was no issues with renewals. In 2010 it was a different story with Town Center coupled with the financial crisis that the country was digging out of. Now comes 2020.
I think if I'm Simon/Landlord, if a good tenant falls in your lap you take it. Otherwise you take a hard look at renewals for the smaller stores before you do anything drastic. This could be a game of chicken for the smaller stores and Simon. I don't THINK you'll see something on the scale of what Dewberry Capital did when they bought the Roosevelt Mall in the late 1990's, but you never know.
Neiman Marcus...yeah, probably not. Saks though...? I can see that. They have locations in Raleigh, Richmond, Columbus, Indianapolis, Tulsa, Birmingham. And I thought they've considered here before.
Target and Best Buy are already right down the street and Kohl's isn't too far.
Why not a Von Maur? They don't have a Florida presence yet. TJX is possible. Stein Mart might be a smart play for the local company.
Sleeper possibility but probably couldn't fill the entire Sears building and more likely for Town Center: Uniqlo (https://www.uniqlo.com/us/en/home/ (https://www.uniqlo.com/us/en/home/)), the Japanese retailer shooting for $61 billion in sales by 2020 per Wikipedia and the below for the US. Current nearest store is at Disney Springs in Orlando.
QuoteUnited States
Uniqlo's flagship store in Chicago on the Magnificent Mile
In September 2005, Uniqlo opened the doors to its first United States store in the Menlo Park Mall located in Edison, NJ.[63] In November 2006, Uniqlo opened its first store in the SoHo fashion district of Manhattan, New York City. New fashion designers joined the store's team to boost and rebirth fashion concepts catering to the US market.[64]
As part of Fast Retailing's 2020 plan the company has stated that it plans to generate $10 billion in annual sales in the United States from 200 stores, which will lead to a location in every major U.S. city. This goal was stated when the company's only U.S. presence was its handful of stores in the New York City area,[65] soon after the company began an expansion in the United States.
In October 2015, Uniqlo opened its first store in the Midwest with a Chicago store on Michigan Avenue.[66]
I would actually like to see Home Depot tear down the Sears structure and take over that spot with a more accessible and larger store than the one down the street on Southside Blvd. Yeah, I know HD isn't a mall occupant normally but if Target can fit in at Town Center, HD can fit in at the Avenues. And, in Orange Park, HD moved from I-295 and Blanding to directly across from OP mall, the "next best thing" to being at the mall. 8).
Quote from: Jim on September 04, 2019, 11:49:04 PM
Neiman Marcus...yeah, probably not. Saks though...? I can see that. They have locations in Raleigh, Richmond, Columbus, Indianapolis, Tulsa, Birmingham. And I thought they've considered here before.
Target and Best Buy are already right down the street and Kohl's isn't too far.
Why not a Von Maur? They don't have a Florida presence yet. TJX is possible. Stein Mart might be a smart play for the local company.
I don't see a luxury retailer opening at the Avenues. I think Jacksonville's chance at a Saks likely ended when Saks dumped their Parisian brand on Belk (Parisian was supposed to be a more upscale store than the general market, but not quite to Saks). Even if it does happen, I don't see it at the Avenues.
I suppose Von Maur is a possibility, but aside from their 3 stores in the Atlanta area, and one in Alabama, they have zero southeast presence. I have no idea how they're doing financially (family-owned to this day), but I don't see a Florida expansion unless they plan on doing more than one store in the State (and I see that as HIGHLY unlikely).
SteinMart is in dange of having their stock delisted, so I don't see them in expansion mode, especially in a footprint that's about double the size of their typical stores.
You're right that Target and Best Buy are right down the road....but I have no idea when their leases are up. There is definitely precedence for Target stores in Malls.....a Portland, Oregon Target was the first time I saw a Cart Escalator!
I think the definite thing here is....to me this isn't going to be an easy fill - especially if Forever 21 closes their store at the same time which I think absolutely will happen. Their stores AVERAGE under 40k SqFt. Their store at the Avenues has to be about 150k SqFt. Save for Home Improvement Stores or Warehouse Clubs, by and large retailers are experimenting with smaller stores not larger ones, as retail is slowly moving more online.
I definitely don't see Target moving there. They just invested a ton of money renovating their store down the street.
Quote from: thelakelander on September 05, 2019, 09:48:53 AM
I definitely don't see Target moving there. They just invested a ton of money renovating their store down the street.
Then I'd agree it's unlikely for them to move. My main point is I don't see a traditional department store taking the entire Sears footprint.
Target like the rest of big box retail, hasn't been about opening stores in indoor shopping malls. They've had some, especially back in the 90s. But the few they have left these days are an exception to the rule.
The chatter amoungst the Target HQ peeps in MPLS / Brooklyn Park is the company isn't only focused on smaller stores but on the idea of turning their existing stores into distribution centers. It's not clear how moving a store to an aging indoor shopping mall would be on Target's to do list.
Seems like filling or replacing dead traditional anchor spots with a collection of restaurants and entertainment uses are the trend these days.
Quote from: thelakelander on September 03, 2019, 05:30:16 PM
Whenever a mall anchor closes, the smaller shops on that wing tend to follow suit. It will be interesting to see how quick they can find something else to activate and anchor that part of the mall.
I have not been to the Avenues in a few months. But there was not much beyond the food court already.
Quote from: pierre on September 06, 2019, 08:41:38 AM
Quote from: thelakelander on September 03, 2019, 05:30:16 PM
Whenever a mall anchor closes, the smaller shops on that wing tend to follow suit. It will be interesting to see how quick they can find something else to activate and anchor that part of the mall.
I have not been to the Avenues in a few months. But there was not much beyond the food court already.
Did you leave the food court? I'd bet it still has a 90%+ occupancy.
It's interesting that Oaks Mall in G-ville replaced it's old Macy's with a second Dillards. Also Oaks Mall went unconventional with their old Sears being constructed into an UF Health Speciality Practices and Outpatient Surgical Center.
Haven't been to the Oaks in decades. Is it still popular? I thought some town center type development had been constructed elsewhere in town?
Quote from: thelakelander on September 07, 2019, 11:54:39 PM
Haven't been to the Oaks in decades. Is it still popular? I thought some town center type development had been constructed elsewhere in town?
Hello from G-ville! Yeah, there's a newer place here called Butler (https://www.shopatbutler.com/butler-directory-2/) south of Oaks, although from a layout standpoint it's probably somewhere between SJTC and what Durbin Park might be in a decade or two. The stores definitely aren't as clustered (although the Butler Town Center part might be heading that way in a few years), and there is a Walmart (that is constantly packed at pretty much all hours).
Quote from: thelakelander on September 07, 2019, 11:54:39 PM
Haven't been to the Oaks in decades. Is it still popular? I thought some town center type development had been constructed elsewhere in town?
It's doing okay. I definitely won't say that it's in 'it's prime' by no means, but it's doing fairly okay.
Cabelas/Bass Pro would be nice.
Quote from: Jim on September 07, 2019, 12:17:03 AM
Quote from: pierre on September 06, 2019, 08:41:38 AM
Quote from: thelakelander on September 03, 2019, 05:30:16 PM
Whenever a mall anchor closes, the smaller shops on that wing tend to follow suit. It will be interesting to see how quick they can find something else to activate and anchor that part of the mall.
I have not been to the Avenues in a few months. But there was not much beyond the food court already.
Did you leave the food court? I'd bet it still has a 90%+ occupancy.
I am talking specifically about the Sears wing, beyond the food court.
I don't think losing Sears will affect the smaller stores in the area much. They still have Dillard's and the food court in the area. If the Orange Park Mall were to lose its Sears however it could affect the stores in the wing because it is a lone anchor in that wing at the Orange Park Mall.
Quote from: Kerry on September 08, 2019, 05:50:11 PM
Cabelas/Bass Pro would be nice.
Geez you really have gone full suburbia haven't you??
Quote from: pierre on September 06, 2019, 08:41:38 AM
Quote from: thelakelander on September 03, 2019, 05:30:16 PM
Whenever a mall anchor closes, the smaller shops on that wing tend to follow suit. It will be interesting to see how quick they can find something else to activate and anchor that part of the mall.
I have not been to the Avenues in a few months. But there was not much beyond the food court already.
Having spent 16 hours there in May at the NEFAR temporary offices, I can tell you the occupancy is still quite high.
Quote from: Captain Zissou on September 13, 2019, 09:19:33 AM
Quote from: Kerry on September 08, 2019, 05:50:11 PM
Cabelas/Bass Pro would be nice.
Geez you really have gone full suburbia haven't you??
The only place to buy high quality hiking gear in Jax is REI. Some options wouldn't be bad. Bass Pro anchors Discover Mills Mall in Atlanta and Savannah Mall in Savannah. If it was up to me though I would build a Cabela's at The Landing site.
Quote from: Kerry on September 13, 2019, 10:58:46 AM
Quote from: Captain Zissou on September 13, 2019, 09:19:33 AM
Quote from: Kerry on September 08, 2019, 05:50:11 PM
Cabelas/Bass Pro would be nice.
Geez you really have gone full suburbia haven't you??
The only place to buy high quality hiking gear in Jax is REI. Some options wouldn't be bad. Bass Pro anchors Discover Mills Mall in Atlanta and Savannah Mall in Savannah. If it was up to me though I would build a Cabela's at The Landing site.
I wanna call this idea absurd, but when I think about having a few dozen brand new boats just sittin' there docked on the river waiting for boaters to test ride and buy 'em without even having to drop 'em in... I see dollar signs
"BOAT HOME TODAY AT CABELA'S!"
Bonus points if they pair up with Hooters. That's a salt life/redneck dream right there
Quote from: Peter Griffin on September 13, 2019, 11:09:52 AM
Quote from: Kerry on September 13, 2019, 10:58:46 AM
Quote from: Captain Zissou on September 13, 2019, 09:19:33 AM
Quote from: Kerry on September 08, 2019, 05:50:11 PM
Cabelas/Bass Pro would be nice.
Geez you really have gone full suburbia haven't you??
The only place to buy high quality hiking gear in Jax is REI. Some options wouldn't be bad. Bass Pro anchors Discover Mills Mall in Atlanta and Savannah Mall in Savannah. If it was up to me though I would build a Cabela's at The Landing site.
I wanna call this idea absurd, but when I think about having a few dozen brand new boats just sittin' there docked on the river waiting for boaters to test ride and buy 'em without even having to drop 'em in... I see dollar signs
"BOAT HOME TODAY AT CABELA'S!"
Bonus points if they pair up with Hooters. That's a salt life/redneck dream right there
Not only that but all the fishing and tackle gear as well. Heck, our local fishing and pleasure boating community could motor right up to it. Not for nothing, the Bass Pro in OKC is downtown in Bricktown (although they did manage to screw that up).
Sears at the Avenues closed on December 6. Goodbye Sears.
^^^Yup. The only area Sears brands left are the Sears at the Orange Park Mall and the Sears Outlet on San Jose.