A new tenant is set to occupy the former Kmart space at Plaza Las Américas shopping mall in San Juan, Puerto Rico, according to reports from El Nuevo Día. The move comes after a period of significant retail changes at the mall, including the closure of both Sears and Sears Brand Central.
Sears closed its last store in Puerto Rico at Plaza Las Américas, marking the finish of an era for the department store chain on the island. Sears Brand Central also ceased operations at the mall, further contributing to the vacancies. These closures followed years of financial difficulties for Sears, which ultimately led to a restructuring and downsizing of its retail footprint.
Plaza Las Américas is responding to these changes with plans for expansion of both its commercial and food offerings before the end of the year, as reported by El Nuevo Día. The arrival of a new tenant in the former Kmart location is a key component of this revitalization effort. Details regarding the identity of the new tenant have not yet been publicly released.