Fashion retailer Primark seeking upper level of ex-Sears store at Woodfield, village says

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Only five months soon after the final Sears retail store in Illinois closed its doorways, there are ideas afoot for the European style retailer Primark to occupy the upper level of that former 50-calendar year-aged web-site at Woodfield Shopping mall in Schaumburg.

Village officials say they have been knowledgeable that Primark is pursuing a 10-yr lease of the higher amount from Transformco, the organization that emerged from Sears Holdings’ bankruptcy.

Schaumburg Financial Development Director Matt Frank stated the village is anticipating a proposal to be filed in Could for a new Primark shop to open up in 2023.

“I believe it demonstrates the attraction of Woodfield Mall and that higher-profile consumers like Primark want to be there,” Frank claimed of the iconic purchasing center that celebrated its very own 50th anniversary last yr.

Primark has a single present Chicago-space area: 35 N. State St., at the intersection of Washington Street in Chicago’s Loop.

Reps of Primark, Transformco and Woodfield Mall did not straight away reply to requests for remark Wednesday.

Like the rest of Woodfield Mall’s initial anchors, nonetheless, the Sears retail store often was owned by the retailer itself and Transformco intends to remain the landlord, Frank reported.

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Even though the identification of a new tenant for almost 50 % the former Sears shop transpired fairly swiftly, the former Lord & Taylor retail store at Woodfield has remained vacant given that its 2020 closing.

There is also been no term of a bidder for Sears Holdings’ 30-yr-aged company headquarters consisting of 2.4 million square feet of workplace space and 120 undeveloped acres all over it in Hoffman Estates.

Transformco put the campus that’s 11 miles west of Woodfield Shopping mall on the marketplace before this yr.

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        



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