Glimcher defaulted on the mall's mortgage loan in 2012 and turned the property over via a deed in lieu of foreclosure to the lender, a CMBS trust that was serviced by LNR Property, in August 2014. However, as of 2013 the former Lazarus-Macy's building remains both standing and vacant Penney, while dividing Penney's existing store among new tenants. Three years later, Glimcher proposed to demolish the former Lazarus-Macy's building for a new J. Macy's moved from the former Lazarus to the former Kaufmann's in 2006 when the Macy's chain purchased Kaufmann's then-parent company. The same year, the Lazarus store became Lazarus- Macy's. This Kaufmann's was the first in a "lifestyle" prototype featuring a smaller floor plan with wider aisles. Among Glimcher's first moves with the property was to add a fourth anchor, Kaufmann's. The property became Glimcher's second mall in Columbus, following Polaris Fashion Place. The mall remained under Jacobs' ownership until Glimcher Realty Trust bought it in December 2003. With the closure and subsequent demolition of Northland in 2002, Eastland became the oldest shopping mall in the Columbus metro area. The Sears store closed off its upper level at some point during the 1980s. Īlthough Eastland itself is a single-story mall, all three of its original anchor stores were constructed with two stories of retail space. As with the other two "directional" Jacobs malls in Columbus, Eastland's original anchors included J. It was the first enclosed shopping mall in Columbus.
Jacobs group, who also developed Columbus's Northland and Westland Malls. It would, however, later succumb to that fate. Despite having no anchor stores, the mall's interior was until recently thriving with many smaller businesses and its food court, unusual for a mall lacking anchors and thus having enough tenants to keep it from being a dead mall. The mall is owned and managed by Eastland Mall Holdings, LLC. There are 4 vacant anchor stores that were once Lazarus, JCPenney, Sears, and Macy's. The mall opened Februand closed on December 27, 2022. to thank for these extra shopping days.Shopping mall in Columbus, Ohio Eastland Mallģ9★5′06″N 82★3′03″W / 39.918295°N 82.884103°W / 39.918295 -82.884103ġ (2 in former Sears, 3 in former JCPenney and former Lazarus.)Įastland Mall was an enclosed shopping mall in Columbus, Ohio. Retailers across the United States have Fred Lazarus Jr. That way there was more time between Thanksgiving and Christmas, and, hence, more shopping days… He personally convinced FDR that Thanksgiving should be changed for the benefit of consumers.”Ĭongress made it official and nationwide in 1941. “Firmly believed that the retail business, Lazarus, in particular, could do a lot more business between Thanksgiving and Christmas if the calendar was changed so Thanksgiving always fell on the fourth Thursday in November. However, in 1939 the last Thursday of November was also the last day of the month, making for the shortest possible retail shopping season between Thanksgiving and Christmas. In 1863, Abraham Lincoln established the holiday to be celebrated on the last Thursday of November. Roosevelt to change the date on which the American Thanksgiving holiday was celebrated. also is credited with convincing President Franklin D. He is still credited with establishing this U.S.
He brought this idea back to Columbus and implemented it in the Lazarus store. He realized that arranged this way, customers were able to find a wider selection of merchandise in their size and discovered that they frequently bought more expensive dresses than was their initial intention. noticed dresses grouped together by size rather than price, which was the current U.S. By 1965, Federated was the largest department store chain in the United States. took charge as president in 1944, the company made additional store acquisitions that resulted in major profit increases.
Federated started slowly throughout the Depression of the 1930s and war years of the 1940s, but when Fred Lazarus Jr. This was a shrewd move to consolidate resources, diversify capital and financial risk, and provide venues to train and promote store executives and employees. Rothschild Sr., President of Abraham & Straus in Brooklyn, to create the holding company, Federated Department Stores. Department Store in Boston, and Walter N. He met with Lincoln Filene, President of Filene’s Sons & Co. executed came about in 1929 and would have an enduring legacy. The most significant business venture Fred Jr. Lazarus was more than the largest department store in Columbus it was one of the most significant and influential department stores in the United States due in large part to changes in retail merchandising practices implemented by Fred Lazarus Jr., who was vice president from 1917 to 1944.
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