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JCPenney just spent a lot of money on updating that store, shame to see they might close...but their leadership in general has been subpar over the years. Trying to find an identity has been hard for them. I go in there occasionally but in all honesty, I think their clothing is over priced...but then again, I think it seems to be over priced everywhere these days. $60 for a pair of docker khakis..really?
If they have to shut down the store, the only major retailer out there will be Belk & Dunham Sports. Greenville could really have a nice regional mall, but for whatever reason they have never been able to get over the hup...lack of investment or poor management? I'm unsure. People here and all over Eastern NC would shop there if they had stores that were not only targeting the teens and certain segments of the population.
The mall is really a giant piece of crap. I wish they could bulldoze the entire thing & start over with a more Triangle Towne Center type approach.
Malls in general aren't doing well across the country. Pretty much all the malls in Eastern NC have dried up. Wilson closed a couple of years ago, Kinston Mall is on the verge of closing. Even the Triangle Town Center in Raleigh has dried up and is only about 60-70% full and was recently sold to another company. The Cary Town Center is pretty much dried up and they're desperately trying to redevelop it.
A complete bulldozing may not be needed. Maybe it could be redeveloped like the original portion of North Hills.
^ goes to show how long it's been since I went in Triangle Town Center. I had no idea they were struggling.
CBL & Associates still manages Triangle Town Center as well as Cary Towne Center, which is a big part of their problem. That company does not have a good track record. Oak Hollow Mall in High Point will be shut down for good in a few hours, also managed by CBL. They also manage River Ridge Mall in Lynchburg, VA which is also struggling.
Wilson closed a couple of years ago, Kinston Mall is on the verge of closing.
It blows my mind that Vernon Park Mall outlasted Wilson (Parkwood) Mall. Parkwood probably would've lasted longer had it not been sold to Hull Property Group in 2005. They killed that mall. Since it shut down in January 2013, they've been content to let the building sit there and rot. They own the mall here in Danville and it's on a downward spiral as well.
I don't know what to say about Kinston's mall other than I sometimes wonder if it's owners even remember that the mall exists. I haven't been there since the early 2000's.
The small lot next to BB&T on Arlington (near Red Banks) has been cleared and a baggy construction wall is up. Apparently this lot is under development? It's already a dangerous situation with people trying to enter/exit out of Wells Fargo and Goodwill. They really need to make that a right exit only situation.
Ribeye's will be opening a Washington location - downtown with a deck and great view of the Stuart Parkway and the Pamlico River. Seems like a great location. Hopefully they'll have more success there than Apollo's did.
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