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Metrocenter was a regional enclosed shopping mall in northwest Phoenix, Arizona.It was bounded by Interstate 17, 31st, Dunlap and Peoria Avenues.Before its closure, the three most recently open anchor stores were Harkins Theatres, Walmart Supercenter, and Dillard's Clearance Center; three additional vacant anchor stores included former Sears, JCPenney, and Macy's locations.
That year, the company adopted the JCPenney style in advertising. [16] and its revenues reached $5 billion (equivalent to $37.6 billion in 2025) for the first time and catalog business made a profit for the first time. [17] JCPenney reached its peak number of stores in 1973, with 2,053 stores, 300 of which were full-line establishments. [17]
The fate of JCPenney currently remains a mystery. The department store filed for bankruptcy in mid-May as the coronavirus pandemic proved to be a final nail in the coffin for a company that had ...
The mall opened in 1961 as an enclosed shopping mall, but the enclosed portion of the mall was greatly reduced when redevelopment changed the configuration closer to a power center. Christown Spectrum's anchor stores are SuperTarget, Walmart Supercenter, and American Furniture Warehouse. There is one empty anchor formerly occupied by JCPenney.
The building reopened in 2001 after a $54 million renovation as a combination of condominiums and the Sheraton St. Louis City Center hotel. The hotel left Sheraton in 2014 and was unbranded until 2018, when it became a Red Lion Hotel. [4] It closed in 2020, due to the COVID-19 pandemic and reopened in 2022 as an OYO Hotel. It is set to be ...
The sale price was $1.65M plus at least $15M existing debt. [37] [38] The sale was halted in November 2020 by the Texas Bankruptcy Court. [39] On November 6, 2020, it was announced that Sears would be closing as part of a plan to close 7 stores nationwide which left JCPenney and Macy's as the only traditional anchors left. [40]
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