Stratford Square Mall

Stratford Square Mall is a shopping mall that opened on March 9, 1981, in Bloomingdale, Illinois, a northwestern suburb of Chicago, Illinois, United States. The 1,300,000-square-foot (120,000 m2) mall has 4 anchor stores: Kohl's, Burlington, Round 1 Entertainment, and Century Theatres. There are 4 vacant anchor stores that were once JCPenney, Macy's (former Marshall Fields), Carson Pirie Scott, and Sears. The mall is managed and owned by Namdar Realty Group.

Stratford Square Mall
Aerial view of Stratford Square Mall in 2018
LocationBloomingdale, Illinois, USA
Coordinates41°56′56″N 88°6′54″W
Opening dateMarch 9, 1981 (March 9, 1981)[1]
DeveloperUrban Investments[2]
ManagementNamdar Realty Group
OwnerNamdar Realty Group
No. of stores and services100
No. of anchor tenants8 (4 open, 4 vacant)
Total retail floor area1,311,930 square feet (121,882.3 m2)[3]
No. of floors2
Websitestratfordmall.com

History

Stratford Square Mall opened in 1981.

The 1990s began the start of considerable change. Nearby Woodfield Mall in Schaumburg completed a renovation and expansion, gaining the top spot in consumers’ minds for the region. First, Woodfield Mall completed an overhaul and expansion in 1996, adding many new stores and a new two-level wing featuring a Nordstrom. Following that expansion, Woodfield's market dominance has continued to today. Woodfield's dominance can also be attributed to a centralized location in Chicago's northwest suburbs, located near the intersection of Interstates 90 and 290.

On November 15, 1999, the mall completed a major renovation. It remained open and customers were able to continue shopping throughout the renovation. Improvements included new flooring throughout the center, a new elevator, additional escalators, enlarged restrooms including two family rooms, comfortable seating areas and an expanded retail area on the lower level. A new water display was a major focal point of center court. Entrances would be more visible with the addition of enhanced signage and lighting, and automatic doors would be available at each mall entrance.

New York-based Feldman Mall Properties acquired Stratford Square Mall in early 2005.[4] A Steve and Barry's also operated at the mall from about 2006 until 2009, until that chain folded as well. The company renovated the four-screen movie theater into a Cinemark Century Theater, which opened on July 4, 2007. It now has 16 all-digital screens, a cappucino bar, marble flooring, and stadium seating.[5] After the movie theater renovation, a Red Robin restaurant was added next to the theater. In October 2011, the computerized fountain in the central square next to the food court was replaced by a carousel, which is now located in the lower level of the Burlington Coat Factory wing. In early 2012, the second floor hallway entrance of the Burlington Coat Factory was blocked off.

In late October 2014, Red Robin officials stated their plan to remodel their restaurant to introduce their new "Gourmet Burgers and Brews" concept, which would feature both indoor and outdoor seating.[6] In 2015, Round One, an entertainment center that includes bowling, karaoke, arcade games, billiards, darts and ping pong, opened on the lower level of the Carson's wing.[7]

Wieboldt's became JCPenney in 1988 shortly after Wieboldt's went bankrupt. In early 2014, Stratford Square was acquired by StreetMac LLC. On January 15, 2014, JCPenney announced that its store would be closing as part of a plan to close 33 stores nationwide. The store closed on May 3, 2014. Marshall Field's was converted to Macy's in 2006. On January 4, 2017, Macy's was announced that they would also be closing as part of a plan to close 68 stores nationwide. The store closed on March 26, 2017.[8] On April 18, 2018, Carson's announced that they would be closing as well as parent company The Bon-Ton was going out of business. The store closed on August 29, 2018. None of the remaining anchors are original to Stratford Square - Burlington Coat Factory opened in 2002 and was originally a Montgomery Ward, which closed in 2001 due to their bankruptcy; Kohl's was originally a MainStreet built in 1985, which converted into Kohl's in 1988; and the Sears was added in 1990.[9][10]

Later in June 2018, the mall announced that Woodman's Food Market would demolish the Macy's building and build a new store with no mall entrance.[11] A 25 West Brewery opened later that year as part of a plan to change the tenant mix to 40% retail/60% entertainment and dining.

On August 6, 2019, it was announced that Sears would be closing this location as part of a plan to close 26 stores nationwide. The store closed on November 10, 2019. This leaves Burlington Coat Factory and Kohl's as the only anchors left.[12]

On October 10, 2019, Namdar Realty Group acquired the mall

In 2020, More stores inside the mall were closing including Victoria's Secret, The 25 West Brewery, Oriental Gifts, Scooby's hot dogs and more. Round One is set to close on October 11, 2020.[13]

References
  1. http://www.cpsolve.com/Almanac/Almanacs/1981/1981-03.pdf
  2. http://www.cpsolve.com/Almanac/Almanacs/1978/1978-11.pdf
  3. http://www.mallsandoutlets.com/malls/stratford-square-mall-bloomingdale-il-mall/
  4. "Staying Alive at the Mall". Wall Street Journal.
  5. "Stratford Square Mall; Bloomingdale, Illinois - Labelscar: The Retail History Blog". Labelscar: The Retail History Blog. Retrieved April 25, 2016.
  6. "Major renovations coming to Stratford Square Mall". Daily Herald. October 3, 2014. Retrieved April 27, 2016.
  7. "Round One Entertainment Inc". www.round1usa.com. Retrieved April 27, 2016.
  8. "Press Release - Macy's, Inc". investors.macysinc.com. Retrieved January 4, 2017.
  9. http://wgntv.com/2018/04/18/bon-ton-stores-expected-to-close-younkers-boston-store-and-carsons-included/
  10. http://www.chicagotribune.com/buisness/ct-biz-carsons-stores-closing-end-august-0824-story.html
  11. http://www.dailyherald.com/business/20180611/woodmans-seeks-to-replace-macys-spot-in-bloomingdale
  12. Tyko, Kelly (August 6, 2019). "Sears and Kmart store closings: 26 stores to close in October". USA Today. Retrieved August 7, 2019.
  13. "Round One Locations: Stratford Square Mall". Retrieved August 14, 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.