We are very fortunate to have JC Penney still open at Westridge Mall in Topeka. Sears has been closed for a while. But, could their be something that could be occupying closed Sears and JC Penney Stores?
Amazon may breathe new life into mall properties across the country. The Wall Street Journal says Amazon executives are in talks with mall-owner Simon Property Group to turn some of the country’s closed Sears and JC Penney stores into fulfillment centers.
It could be a win-win; as more Penney’s and Sears close throughout the U.S., Amazon could bring jobs back to some of the retailers’ former employees. It most likely would also mean that you would get that Amazon package delivered even faster (in case two day delivery isn’t fast enough for ya.)
While Reuters reports that Simon Property Group owned 108 malls in the country as of 2016, the Wall Street Journal couldn’t confirm how many stores are being considered by Amazon as fulfillment centers.