Tag Archives: JCPenney

What to do with 324 empty department stores?

0 CommentBy

Recent closure announcements from JCPenney, Macy’s, Sears & Kmart tell us that up to 324 department stores will soon be empty. What happens when big anchors go vacant? JLL’s Greg Maloney explains how shopping center owners can make this space useful again. We also learn what happened to the 133 Target stores that closed in Canada in 2015 from Dr. Tony Hernandez of the Centre for the Study of Commercial Activity… Read More