Misplaced Pages

#685314

20-453: Southpark Mall or South Park Mall may refer to: SouthPark Mall (Illinois) SouthPark Mall (North Carolina) South Park Mall, a defunct mall in Shreveport, Louisiana SouthPark Mall (Ohio) South Park Mall (Texas) Southpark Mall (Virginia) See also [ edit ] South Park (disambiguation) Topics referred to by

40-525: A 22% equity stake. In 1991, Kmart increased its stake in OfficeMax to 92%. In January 1992, OfficeMax acquired five sites from Highland Superstores in Boston. OW Office Warehouse, a Virginia-based regional chain, was acquired on June 30, 1992. The company then acquired BizMart, its largest acquisition (104 stores) to date, in 1993 from Intelligent Electronics. On August 16, 1993, OfficeMax joined Kmart and most of

60-645: A single share in OfficeMax. Eric Hollander said in a statement "OfficeMax, if properly exposed to the market for corporate control, would bring a price materially in excess of the amount offered in the proposed transaction..." Office Depot said on May 5, 2013, that it would hold a special meeting with shareholders after the staff of the U.S. Securities and Exchange Commission finished reviewing documents relating to its merger with OfficeMax. The merger with Office Depot closed on November 5, 2013. On December 10, Office Depot, Inc. announced that it had chosen Boca Raton, Florida for its global headquarters post-merger, closing

80-669: A store in Walgreens' place in 2006, but in May 2013 Old Navy closed their location due to poor sales at both Quad Cities metro locations, the other in Davenport, IA . The mall has struggled to keep tenants since the turn of the century, the mall used to be full of national retailers, but now nearly half of the store fronts are filled with local or regional retailers. Most of the national retailers that left went to NorthPark Mall in Davenport, Iowa . On March 23, 1995, an OfficeMax store opened outside

100-530: A strong presence. In 2003, OfficeMax was acquired by Boise Cascade Corporation for $ 1.3 billion. The following year, the combined company split into two: its wood and paper operations were acquired by Madison Dearborn Partners , and the remaining company adopted the OfficeMax name. In December 2012, OfficeMax operated 941 stores in 47 states, Puerto Rico, the U.S. Virgin Islands and Mexico; that year, net sales were $ 6.9 billion, down from $ 8.3 billion in 2008. It

120-476: Is 1 vacant anchor store that was once Younkers . The one-level mall has over 60 stores and a gross leasable area of 825,000 square feet. SouthPark Mall was built by General Growth Properties at a cost of $ 12 million on 47 acres (19 ha) of land that General Growth purchased in 1966. Montgomery Ward , Petersen Harned Von Maur , and Younkers were the mall's three original anchors when it opened on February 27, 1974. SouthPark has been expanded twice: JCPenney

140-501: Is different from Wikidata All article disambiguation pages All disambiguation pages SouthPark Mall (Illinois) The current owner and operator is Macerich . The mall had been operated by the Simon Property Group , Inc., from 1998 to 2011. Before 1998, General Growth Properties managed and owned the property. The mall's anchor stores are Dillard's , Dick's Sporting Goods , JCPenney , and Von Maur . There

160-511: The OfficeMax headquarters in Naperville, Illinois . Following the merger, the two chains integrated, though many retain the OfficeMax name. Some have since closed, while others rebranded as Office Depot following renovations. The first OfficeMax closed permanently on May 16, 2015. On 26 August 2020, OfficeMax announced that it would be closing all 14 of its New Zealand branches and shift operations online in response to growing online usage and

180-514: The appearance and shopping convenience, were slated to begin in April 2014, at which time demolition of the 1990 addition – containing the former Sears and food court areas – were slated to begin. Additional renovation is slated to begin in 2015. Renovation of the main concourse of the mall was completed in November 2014. The mall demolished the former Sears store and the food court, a Dick's Sporting Goods

200-578: The former Younkers store. OfficeMax OfficeMax is an American office supplies retailer founded in 1988. As an independent chain, it was the third-largest office supply retailer in the United States. Following a 2013 merger, it is currently a brand and subsidiary of Office Depot . OfficeMax was founded in Cleveland on April 1, 1988, by Bob Hurwitz and Michael Feuer. Hurwitz served as executive chairman and chief executive officer , and Feuer

220-495: The mall. The Sears store closed in October 2013 as part of the national retailer's plan to reduce expenses. Coming not long after the closing of an Old Navy store, Sears' departure left SouthPark with four anchors. In September 2013, the city of Moline approved a TIF for the mall area, with Macerich and the city working on a plan of redevelopment. A two-phase redevelopment plan, which will eventually involve substantial updates to

SECTION 10

#1733085745686

240-644: The market segment. OfficeMax developed regional delivery centers, and invested in its super-regional PowerMax distribution centers in Las Vegas, Nevada , Hazleton, Pennsylvania , and Birmingham, Alabama after litigation began with previous logistics and shipping provider. A small sized store concept, OfficeMax PDQ, test was launched in Woodmere, Ohio , in late June 1998. By 2001, the chain operated 960 stores. That year, OfficeMax began closing underperforming stores in some neighborhoods and in regions where it did not have

260-526: The other Kmart-owned banners in the "largest power center" Kmart operated in Utica, Michigan . OfficeMax acquired a 19% stake in Corporate Express, a contract stationer. In May 1994, Kmart put a plan in front of its stockholders to sell 20% to 30% of each of its specialty store subsidiaries shares on the open market to pay down debt and fund future expansion of the subsidiaries. Kmart's shareholders turn down

280-540: The proposal at their June 3 annual meeting. In November 1994, FurnitureMax store within a store concept begins testing in the Cleveland market. In 1995, Kmart sold off 51% of OfficeMax shares, spinning off the company and became a NYSE -(OMX) publicly traded corporation, based in Shaker Heights, Ohio . In 1995, OfficeMax became one of a handful of companies doing business through internetMCI. Around this time Kmart sold

300-470: The remaining 25% of the OfficeMax shares it held. On July 14, 1996, a new kiosk program called BatteryMax was test launched in two Phoenix stores. BatteryMax were operated by Batteries for Everything. OfficeMax also filed lawsuits for infringement for use of the "Max" name against Med Max and Circuit City for CarMax , its used car business. For the next few years OfficeMax and its rivals, Staples and Office Depot , continued to open new stores, saturating

320-425: The same term [REDACTED] This disambiguation page lists articles associated with the title Southpark Mall . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Southpark_Mall&oldid=1161176167 " Category : Disambiguation pages Hidden categories: Short description

340-416: Was added in 1978, while Sears and a food court were added in 1990. Montgomery Ward closed in early 2001 when the chain went out of business, and the anchor space remained vacant for three years. Dillard's eventually leased and they rebuilt the space, which they then opened in 2004. A Walgreens pharmacy operated in the mall until 2003, when a new free-standing store was built off-site; Old Navy opened

360-434: Was announced on February 20, 2013, that OfficeMax and Office Depot would combine in an all-stock deal, creating the largest U.S. office-supplies chain. However, as of May 2, 2013, a lawsuit filed by a stockholder, Hollander v. OfficeMax Inc et al., U.S. District Court, Northern District of Illinois, No. 13-3330 was filed to block the merger, which would pay all OfficeMax shareholders 2.69 shares of Office Depot in exchange for

380-403: Was built where Sears once stood. In 2015 Macerich worked on landscaping around the mall property, as well as repaving parking lots and bridges entering the mall. On April 18, 2018, it was announced that Younkers would be closing as the parent, Bon-Ton Stores , was going out of business. The store closed on August 29, 2018. In August 2018, Ashley HomeStore opened a store in the space near

400-626: Was the president and chief operating officer . On July 5, 1988, OfficeMax opened its first retail store in the Golden Gate Shopping Center in Mayfield Heights, Ohio . Hurwitz left the company in 1993 and Feuer became the chairman and chief executive officer. OfficeMax grew by acquisition with Office World first in November 1990, with Office World executive and Montgomery Ward becoming minority shareholders. In 1990, Office Square stores were purchased from Kmart , in exchange for

#685314