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Retail Roundup: Former Sears store may get new tenants, Family Dollar stores closing

Retail Roundup: Former Sears store may get new tenants, Family Dollar stores closing

Opening

The former Sears store at Park North Shopping Center may soon have some new tenants. Tru Fit, which operates gyms in Texas and Colorado, is looking to renovate about 69,000 square feet.

Opening

The former Sears store at Park North Shopping Center may soon have some new tenants. Tru Fit, which operates gyms in Texas and Colorado, is looking to renovate about 69,000 square feet.

Photo: Joshua Fechter

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Opening

The former Sears store at Park North Shopping Center may soon have some new tenants. Tru Fit, which operates gyms in Texas and Colorado, is looking to renovate about 69,000 square feet.

Opening

The former Sears store at Park North Shopping Center may soon have some new tenants. Tru Fit, which operates gyms in Texas and Colorado, is looking to renovate about 69,000 square feet.

Photo: Joshua Fechter

Here’s the rundown: a former Sears store could be getting a new lease on life, Dollar Tree is closing some of its Family Dollar stores and Charlotte Russe’s end-of-business sales start this week.

The former Sears store at Park North Shopping Center may soon have some new tenants. Tru Fit, which operates gyms in Texas and Colorado, is looking to renovate about 69,000 square feet at the facility, according to a filing with the Texas Department of Licensing and Regulation.

The work, which would cost $5 million, includes separating part of the ground level for a lobby and part of the second floor for a Tru Fit tenant. Renovations would start in June and finish in October, according to the filing.

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A flyer on CBRE’s website also shows Bed Bath Beyond and Buy Buy Baby stores on the ground floor of the building. The Sears store closed in July.

Dollar Tree is closing as many as 390 Family Dollar locations and renovating 1,000 this year. The discount retailer is also rebranding about 200 Family Dollar stores as Dollar Tree locations and plans to open 550 new stores. The news came this week as the company announced its fourth-quarter earnings.

There are more than 50 Family Dollar locations in San Antonio, according to its website, and it’s unclear if any of the local stores are on the chopping block. The company has not shared a list of stores that will be closing.

Amazon is closing its 87 U.S. pop-up stores, as first reported by the Wall Street Journal. The company operates one of the small-format stores at North Star Mall and eight throughout Texas.

“After much review, we came to the decision to discontinue our pop-up kiosk program, and are instead expanding Amazon Books and Amazon 4-star, where we provide a more comprehensive customer experience and broader selection,” a spokesperson said in a statement. “We look forward to opening additional locations of both stores this year.”

Amazon has a bookstore in Austin and does not have any 4-star locations, which sell items rated 4 stars and up on Amazon.com, in Texas.

Charlotte Russe is shuttering its remaining stores in the next few months, multiple news outlets reported this week. A post on the retailer’s website says its online store is closed and going-out-of-business sales for all stores began Thursday.

In reporting its fourth-quarter earnings results this week, Abercrombie Fitch Co. said it expects to close up to 40 stores, mainly in the U.S., this fiscal year. It will also open 40 new stores, according to a spokesperson. The company has not announced which stores will be closing.

Tesla plans to start closing many of its stores as it shifts more of its sales online. Customers could learn about Tesla’s cars at the remaining locations but make their purchases online.

The company has locations at The Shops at La Cantera and the Dominion, and it’s unclear what the future of both is.

“Over the next few months, we will be winding down many of our stores, with a small number of stores in high-traffic locations remaining as galleries, showcases and Tesla information centers,” the company said in a recent blog post.

A Stone Oak seafood restaurant, Sam’s Boat Gulf Coast Kitchen + Sports Bar, has closed, staff writer Mike Sutter reports. The business said in a Facebook post that it “will be closed indefinitely.”

Burgerim and Simple Leaf Botanicals are both holding grand opening events Saturday afternoon at Rolling Oaks Mall.

madison.iszler@express-news.net