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The original Montgomery Ward & Co. was a mail-order business and later a department store chain that operated between 1872 and 2001. The current Montgomery Ward Inc. is an online shopping and mail-order catalog retailer that started several years after the original Montgomery Ward shut down.
Montgomery Ward closed in 2000 and was replaced by Walmart four years later in 2004. [13] In 2016 Sports Authority closed after the chain filed for bankruptcy. The store was re-tenanted in September 2016 by a Restoration Hardware outlet. [14]
Montgomery Ward (national - Chicago) Neisner's [5] Odd Job Stores, Inc. (located in the northeast and midwestern U.S.), acquired by Amazing Savings in 2003 and went bankrupt in 2005 [6] [7] [8] P.N. Hirsch, acquired by International Shoe Company (later renamed Interco) in 1964; [9] later sold to Dollar General in 1983 and rebranded [10] [11]
Due to the closing of Montgomery Ward, the mall started to decline. Ames closed in 2002, followed by many other mall stores. Plans were first announced in 2003 to demolish everything but the Bon-Ton building and replace the mall structure with a Walmart supercenter.
The center, except for Montgomery Ward, was closed while renovations could be completed. The mall re-opened in November 1982. [2] Montgomery Ward went out of business in 2000. In 2002, the mall was sold to Petrie Ventures, which announced plans to tear down the vacant Wards store and built a new Target discount store. [3]
In 2001 Montgomery Ward went out of business and closed down the warehouse thus leaving the property vacant. Kimco purchased the property and with Weber & Co, demolished the distribution center that was constructed in the 1960s to the rear of the warehouse to make way for a Super Target and other anchors.
Greenspoint would lose two more of its anchors when JCPenney closed in 1999 and Montgomery Ward closing a year later. As part of the redevelopment, the owners bought the closed Mervyn's and JCPenney locations in 2000. [14] Greenspoint Mall reached its 30th anniversary in 2006.
The Montgomery Ward building was torn down on February 14, 1993, and replaced by a development called Broadway Marketplace, a collection of big-box retailers, such as Kmart, Office Max, Sam's Club, and an Albertson's (now Safeway) grocery store.