In 1989, which company surpassed the one bought by Kmart in 2005 has an anchor store in the Holly Hill Mall and Business Center as largest retailer?
Sears Sears, short name for Sears, Roebuck & Company, is an American chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1886. Formerly based at the Sears Tower in Chicago and currently headquartered in Hoffman Estates, Illinois, it began as a mail ordering catalog company and began opening retail locations in 1925. The company was bought by the American big box chain Kmart in 2005, which renamed itself Sears Holdings upon completion of the merger. In terms of domestic revenue, Sears was the largest retailer in the United States until October 1989, when Walmart surpassed the record. It is currently the fifth-largest American department store company by sales as of October 2013 (behind Walmart, Target, Best Buy, and The Home Depot), and the twelfth-largest retailer in the country overall. Sears operates divisions in Canada and Mexico, as well as several other subsidiaries within its brand.
North Shore Square North Shore Square is a 621192 sqft shopping mall in Slidell, Louisiana. The mall is the largest mall on the Northshore of Lake Pontchartrain, fifth largest in the New Orleans area and the 11th largest in Louisiana. The mall is home to two anchor stores, Dillard's, and At Home, as well as approximately 23 other stores. All the anchor stores are on one level. The mall did not flood during Hurricane Katrina and experienced no serious damage. The mall formerly had Mervyns as an anchor store, but closed shortly after the storm when Mervyn's pulled out of the Louisiana market. The store was eventually replaced by Burlington Coat Factory, which is now closed due to corporate downsizing. JCPenney closed on July 31, 2017. The mall has struggled partially due to increased internet-based sales as well as an open-air shopping center located on the opposite side of town, to which it lost some of its tenants. Following a nationwide trend, the mall's future is uncertain as many former mall-based stores have either closed completely or downsized nationally, and enclosed shopping malls across the country are challenged by new consumer trends and shifting paradigms.