Mall of New Hampshire

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Mall of New Hampshire
Entrance, Mall of New Hampshire, Manchester NH.jpg
An entrance
Location Manchester, New Hampshire, United States
Coordinates 42°57′22″N71°25′58″W / 42.95611°N 71.43278°W / 42.95611; -71.43278 Coordinates: 42°57′22″N71°25′58″W / 42.95611°N 71.43278°W / 42.95611; -71.43278
Address1500 South Willow Street
Opening dateAugust 1977
Management Simon Property Group
Owner Simon Property Group (56.4%)
CPP Investment Board (44.0%)
No. of stores and services114 [1]
No. of anchor tenants 6 (5 open, 1 under redevelopment)
Total retail floor area 812,213 square feet (75,457.1 m2) [2]
No. of floors1 (2 in Macy's and JCPenney)
Website Mall of New Hampshire

The Mall of New Hampshire is a shopping mall located in the Lower South Willow neighborhood of Manchester, New Hampshire. Its major anchoring stores are Macy's, Old Navy, JCPenney, Dick's Sporting Goods, and Best Buy. The mall has 114 stores as well as a large food court and is 812,213 square feet (75,457.1 m2), making it the third largest mall in New Hampshire after the Mall at Rockingham Park in Salem, and the Pheasant Lane Mall in Nashua, which opened in 1991 and 1986, respectively. This was the first large-scale shopping mall in New Hampshire; initial construction of the mall was completed in August 1977, though it has since been dramatically expanded.

Shopping mall Complex of shops with interconnecting walkways

A shopping mall is a modern, chiefly North American, term for a form of shopping precinct or shopping center in which one or more buildings form a complex of shops with interconnecting walkways, usually indoors. In 2017, shopping malls accounted for 8% of retailing space in the United States.

Manchester, New Hampshire Largest city in New Hampshire

Manchester is a city in southern New Hampshire, United States. It is the most populous city in northern New England, an area comprising the states of Maine, New Hampshire, and Vermont. As of the 2010 census the city had a population of 109,565, and in 2018 the population was estimated to be 112,525.

Macys Department store chain in the United States

Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, as a Bloomingdale's department store chain affiliate. As of 2015, Macy's was the largest U.S. department store company by retail sales. As of February 2019, there were 584 full-line stores with the Macy's nameplate in operation throughout the United States, Puerto Rico, and Guam. Macy's Herald Square, at Herald Square in the Manhattan borough of New York City, acts as the company's flagship store. The company had 130,000 employees and earned annual revenue of $24.8 billion as of 2017.

Contents

The Mall of New Hampshire is managed by Simon Property Group, which owns 56.4 percent of it. The mall is also 44 percent owned by the CPP Investment Board, which manages the Canada Pension Plan national pension system.

Simon Property Group International real estate investment trust founded in the United States

Simon Property Group, Inc. is an American commercial real estate company, the largest retail real estate investment trust (REIT), and the largest shopping mall operator in the US.

The CPP Investment Board, officially the Canada Pension Plan Investment Board, is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP).

The Canada Pension Plan is a contributory, earnings-related social insurance program. It forms one of the two major components of Canada's public retirement income system, the other component being Old Age Security (OAS). Other parts of Canada's retirement system are private pensions, either employer-sponsored or from tax-deferred individual savings. As of September 2017, the CPP Investment Board manages over C$328.2 billion in investment assets for the Canada Pension Plan on behalf of 20 million Canadians. CPPIB is one of the world's biggest pension funds.

The mall is located just off the South Willow Street exit (Exit 1) of Interstate 293, and has convenient access from the entire Golden Triangle of New Hampshire and portions of northeastern Massachusetts. Because of its location in south-central New Hampshire, the mall, along with other area malls draw a significant portion of its customer base from Massachusetts citizens, as well as residents of neighboring Maine and Vermont, wishing to take advantage of New Hampshire's lack of sales tax.

Interstate 293 (I-293) is an 11-mile (18 km) long loop surrounding Manchester, New Hampshire, USA roughly shaped like two sides of a triangle. Completing the loop in the northeast is Interstate 93. The southern portion of the loop shares the road with NH 101 and passes near Manchester-Boston Regional Airport and the Mall of New Hampshire. The western portion of the loop shares the road with the Everett Turnpike, but there are no tolls on this portion of the turnpike.

Massachusetts State in the northeastern United States

Massachusetts, officially the Commonwealth of Massachusetts, is the most populous state in the New England region of the northeastern United States. It borders on the Atlantic Ocean to the east, the states of Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York to the west. The state is named after the Massachusett tribe, which once inhabited the east side of the area, and is one of the original thirteen states. The capital of Massachusetts is Boston, which is also the most populous city in New England. Over 80% of the population of Massachusetts lives in the Greater Boston metropolitan area, a region influential upon American history, academia, and industry. Originally dependent on agriculture, fishing and trade, Massachusetts was transformed into a manufacturing center during the Industrial Revolution. During the 20th century, Massachusetts's economy shifted from manufacturing to services. Modern Massachusetts is a global leader in biotechnology, engineering, higher education, finance, and maritime trade.

Maine state of the United States of America

Maine is the northernmost state in the New England region of the northeastern United States. Maine is the 12th smallest by area, the 9th least populous, and the 13th least densely populated of the 50 U.S. states. It is bordered by New Hampshire to the west, the Atlantic Ocean to the southeast, and the Canadian provinces of New Brunswick and Québec to the northeast and northwest, respectively. Maine is the only state to border just one other state, is the easternmost among the contiguous United States, and is the northernmost state east of the Great Lakes.

History

The Mall of New Hampshire opened in August 1977 with Sears, Filene's, and Lechmere as anchors.

Sears, Roebuck and Company, colloquially known as Sears, is a chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1893, reincorporated by Richard Sears and new partner Julius Rosenwald in 1906. Formerly based at the Sears Tower in Chicago and currently headquartered in Hoffman Estates, Illinois, the operation began as a mail ordering catalog company and began opening retail locations in 1925. The first location was in Chicago, Illinois. In 2005, the company was bought by the management of the American big box chain Kmart, which formed Sears Holdings upon completion of the merger.

Filenes Defunct department store chain in the northeastern United States

Filene's was an American department store chain; it was founded by William Filene in 1881. The success of the original full-line store in Boston, Massachusetts was supplemented by the foundation of its off-price sister store Filene's Basement in 1908. Filene's, in partnership with Abraham & Straus, Lazarus, and Shillito's, was an original member of the holding company Federated Department Stores upon its establishment in 1929.

Lechmere was a New England retail store that closed in 1997. It had 24 stores located throughout New England, New York as well as a location in Metro- Atlanta, Georgia offering electronics and appliances.

The mall underwent a huge expansion and remodeling from late 1996 to early 1998. Sears was expanded in 1997 and remodeled. The original 60,000-square-foot (5,600 m2) Filene's was relocated to a newly built 160,000-square-foot (15,000 m2) store in a newer wing of the mall in early 1997. The original Filene's was demolished and rebuilt into a 2-level JCPenney in early 1998. The Lechmere closed in 1997 and became in 1998 a Best Buy and a Kitchen ETC. The food court was renovated in early 1998 and changed to a 550-seat food court. In 2006, as a result of the Federated/May merger, all Filene's locations, including the one at the mall, were closed, followed by most of them, including the Mall of New Hampshire location changing over to Macy's.

J. C. Penney Company, Inc. is an American department store chain with 865 locations in 49 U.S. states and Puerto Rico. In addition to selling conventional merchandise, J. C. Penney stores often house several leased departments such as Sephora, Seattle's Best Coffee, salons, auto centers, optical centers, portrait studios, and jewelry repair.

Best Buy Consumer electronics retailer

Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It was originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music. In 1983, it was re-branded under its current name with an emphasis placed on consumer electronics.

Food court indoor plaza or common area within a facility that provides a common area for self-serve dinner

A food court is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dinner.

In April 2013, JCPenney went under another big renovation on both the top and bottom levels of their store, adding in a Sephora to help ease customers from going to the locations down at the Mall at Rockingham Park and the Pheasant Lane Mall.

Sephora is a Paris–based French multinational chain of personal care and beauty stores founded in Limoges in 1969. Featuring nearly 300 brands, along with its own private label, Sephora offers beauty products including cosmetics, skincare, body, fragrance, nail color, beauty tools, and haircare. Sephora is owned by luxury conglomerate LVMH as of 1997. The name comes from the Greek spelling of Zipporah, wife of Moses.

Pheasant Lane Mall Shopping mall in Nashua, New Hampshire, United States

Pheasant Lane Mall, occupying 979,426 square feet (90,991.7 m2), is one of the largest shopping malls in the state of New Hampshire and the focal point of the commercial area in south Nashua.

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Mall of New Hampshire, into Seritage Growth Properties. [3]

In November 2018, the Sears store at the Mall of New Hampshire was one of 46 stores to close nationwide. [4] [5] On December 8, 2018, it was announced that Dick's Sporting Goods would be opening in half of the former Sears. The other half of the former Sears will become Dave & Buster's. Dick's Sporting Goods opened on October 30, 2019 and Dave & Buster's will open in 2020. The former Sears Auto Center will be demolished for more parking spaces. [6] [7] Outparcels on the Seritage site include LongHorn Steakhouse and TGI Fridays.

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References

  1. "Mall of New Hampshire Directory". Simon Property Group. Retrieved 2011-08-09.
  2. "Property Information". Simon Property Group. Retrieved 22011-08-09.Check date values in: |accessdate= (help)
  3. http://www.seritage.com/retail/property/1500-s-willow-st/3312570/landing
  4. https://www.wcvb.com/article/heres-the-list-of-46-more-sears-kmart-stores-to-close-in-late-2018/22804579
  5. https://www.nhbr.com/August-31-2018/Sears-to-close-Salem-Manchester-stores/
  6. https://www.unionleader.com/news/business/former-manchester-sears-store-to-snare-dick-s-sporting-goods/article_1b79a6db-4337-531d-bc0b-091e75eb1d55.html
  7. https://www.unionleader.com/news/business/dave-busters-dick-s-sporting-goods-to-land-at-mall/article_43a3c487-a3ad-53fe-8776-b316a8da000b.html