It didn’t come as a surprise, but Arden Fair mall confirmed this week that Sears will permanently close in April.
While department stores have been struggling for years, the coronavirus pandemic has heightened their challenges. Last year the mall lost Nordstrom, another large anchor store.
The listing for the Sears space is still active, and it appears that Arden Fair representatives have their eye on redevelopment. In their announcement, they said the closure of Sears could be a launching point for the future of the Sacramento mall.
Sacramento Business Journal Digital Editor Sonya Sorich joined CapRadio’s Mike Hagerty to discuss