Magnolia Mall

Magnolia Mall is a regional shopping mall in Florence, South Carolina. The center is located along Interstate 20 Business near the junction with Interstate 95 and close to the eastern terminus of Interstate 20, giving it access to customers from Florence and the surrounding Pee Dee region. The mall opened in 1979 and has operated as a conventional enclosed retail center with department stores, specialty retailers, restaurants, entertainment, and service-oriented tenants. The property has changed substantially over time as retail formats and anchor-store strategies have evolved. An original tenant, Roses, remained part of the mall's early tenant history before closing in 2002. Its former space was subsequently used by Best Buy and the mall's food court, adding a major electronics retailer and a dining component to the center. Magnolia Mall received a renovation in 2008 and underwent another significant update in 2019. The later redevelopment added H&M, Five Below, and Burlington, refreshing the tenant mix and introducing apparel, value-oriented merchandise, and off-price retail concepts. Anchor and major tenants associated with the mall include Belk, Best Buy, Dick's Sporting Goods, Burlington, H&M, Five Below, and Tilt Studios. The mall's tenant history also reflects the continuing contraction of traditional department-store retail. Sears, which occupied a major space, closed in 2017 and was replaced by Burlington. JCPenney announced in June 2020 that it would close its Magnolia Mall store as part of a nationwide store-closure program. The former JCPenney location later became home to Tilt Studios, which opened in October 2021 and introduced an entertainment-focused use to the property. Magnolia Mall is owned by PREIT. Its current positioning is that of a regional shopping and entertainment destination serving a broad local and regional catchment area rather than a globally recognized consumer brand. The available reference material does not establish a separate corporate headquarters, a founding individual, a public ticker, or detailed financial performance for the mall.

Magnolia Mall opened in 1979 in Florence, South Carolina, near Interstate 20 Business, Interstate 95, and the eastern end of Interstate 20. Its location positioned it as a regional retail center serving Florence and nearby communities. The mall developed around a conventional enclosed-shopping format, combining department-store anchors with specialty retail, dining, and later entertainment uses. Roses was among the mall's original tenants. That store closed in 2002, after which its space was used by Best Buy and the food court. This change illustrated the mall's adaptation from an earlier general-merchandise tenant mix toward a combination of electronics retail and food-service amenities. The property was renovated in 2008. A further renovation in 2019 brought several new tenants, including H&M, Five Below, and Burlington. These additions broadened the center's appeal across fashion, value merchandise, and off-price retail. Other major tenants associated with Magnolia Mall include Belk and Dick's Sporting Goods, while Best Buy continued to represent the electronics category. The mall's later history was shaped by the restructuring of major department-store chains. Sears closed its Magnolia Mall location in 2017, and Burlington subsequently occupied the space. On June 4, 2020, JCPenney announced that its Magnolia Mall store would close around October 2020 as part of a nationwide plan to close 154 stores. In October 2021, Tilt Studios opened in the former JCPenney location, converting a large department-store space into an entertainment venue. Magnolia Mall is owned by PREIT. The available references identify the property, its location, ownership, renovations, tenant changes, and anchor history, but do not provide detailed information about the mall's management team, financial results, opening-day investment, or current official website address.

• 2021

  Tilt Studios opens

  [1]Magnolia Mallen.wikipedia.org

  Tilt Studios opens in the former JCPenney space, adding an entertainment use to the mall.

• 2020

  JCPenney announces store closure

  [1]Magnolia Mallen.wikipedia.org

  JCPenney announces that its Magnolia Mall store will close around October as part of a nationwide closure plan.

• 2019

  Tenant-focused renovation

  [1]Magnolia Mallen.wikipedia.org

  A further renovation adds H&M, Five Below, and Burlington.

• 2017

  Sears closes

  [1]Magnolia Mallen.wikipedia.org

  Sears closes its Magnolia Mall store; Burlington later replaces it in the space.

• 2008

  First documented renovation

  [1]Magnolia Mallen.wikipedia.org

  The mall undergoes a renovation to update the property.

• 2002

  Roses closes

  [1]Magnolia Mallen.wikipedia.org

  Original tenant Roses closes; the former space is later used by Best Buy and the food court.

• 1979

  Magnolia Mall opens

  [1]Magnolia Mallen.wikipedia.org

  Magnolia Mall opens in Florence, South Carolina, as a regional enclosed shopping center.

A regional enclosed shopping and entertainment center serving Florence and the surrounding South Carolina market, with a tenant mix spanning department stores, apparel, electronics, sporting goods, value retail, dining, and family entertainment.

• Department stores · 1979

  Department-store retail

  Magnolia Mall's department-store offering has included Belk and, historically, JCPenney and Sears. These stores provided broad assortments of apparel, accessories, home merchandise, and general retail goods within the regional-mall format.

• Apparel · 2019

  Specialty fashion retail

  H&M became part of the mall's tenant mix through the 2019 renovation, adding an internationally recognized fast-fashion and apparel concept to Magnolia Mall's specialty-retail offering.

• Electronics · 2002

  Consumer electronics retail

  Best Buy occupies a major retail role at Magnolia Mall. Its presence followed the redevelopment of space previously associated with Roses and gives the center a substantial consumer-electronics component.

• Sports retail

  Sporting goods

  Dick's Sporting Goods is identified as one of Magnolia Mall's major stores, providing sporting equipment, apparel, footwear, and related outdoor merchandise.

• Discount retail · 2019

  Value and off-price retail

  Five Below and Burlington broadened Magnolia Mall's value-oriented offer during the 2019 renovation. Burlington replaced Sears in a former anchor space, while Five Below added a smaller-format discount concept focused on merchandise for younger and value-conscious shoppers.

• Entertainment · 2021

  Tilt Studios

  Tilt Studios opened in October 2021 in the former JCPenney location. The venue represents the conversion of a traditional department-store anchor into an entertainment-oriented use within the mall.

• 2021

  Tilt Studios opensProduct launch

  Background

  After JCPenney's departure, Magnolia Mall had an opportunity to convert a large former department-store space to a non-retail use.

  Action taken

  Tilt Studios opened in the former JCPenney location in October 2021.

  Aftermath

  The change added family entertainment and diversified the mall's use beyond conventional retail.

  Source

• 2020

  JCPenney store closureOther

  Background

  JCPenney announced a nationwide plan to close 154 stores, including its location at Magnolia Mall.

  Action taken

  The Magnolia Mall store was scheduled to close around October 2020.

  Aftermath

  The former JCPenney space was later repurposed for Tilt Studios.

  Source

• 2019

  Tenant-mix redevelopmentStrategy

  Background

  Magnolia Mall pursued another renovation and refreshed its tenant composition.

  Action taken

  The property added H&M, Five Below, and Burlington.

  Aftermath

  The additions expanded the mall's fashion, value-retail, and off-price offerings.

  Source

• 2017

  Replacement of the Sears anchorOther

  Background

  Sears closed its Magnolia Mall store during a period of department-store retrenchment.

  Action taken

  The former Sears space was subsequently occupied by Burlington.

  Aftermath

  The replacement preserved a major-anchor use while shifting the space toward off-price retail.

  Source

• 2008

  Renovation of Magnolia MallStrategy

  Background

  The mall undertook a property renovation as part of the continuing modernization of its regional-shopping format.

  Action taken

  Magnolia Mall completed a renovation.

  Aftermath

  The renovation updated the shopping center, although the available reference does not provide project costs or detailed design changes.

  Source

• 2021

  Tilt Studios opens in the former JCPenney space[1]Magnolia Mallen.wikipedia.org

  Product launch

  Tilt Studios opened at Magnolia Mall in October 2021, repurposing the space formerly occupied by JCPenney.

• 2020

  JCPenney announces closure of its Magnolia Mall store[1]Magnolia Mallen.wikipedia.org

  Other · Leadership change

  JCPenney announced on June 4, 2020, that its Magnolia Mall location would close around October as part of a nationwide program involving 154 stores.

• 2019

  Magnolia Mall adds H&M, Five Below, and Burlington in renovation program[1]Magnolia Mallen.wikipedia.org

  Other

  A further renovation introduced H&M, Five Below, and Burlington to the mall's tenant mix.

• 2017

  Sears closes at Magnolia Mall[1]Magnolia Mallen.wikipedia.org

  Other

  The Sears store at Magnolia Mall closed and its former space was later occupied by Burlington.

• 2008

  Magnolia Mall completes a major renovation[1]Magnolia Mallen.wikipedia.org

  Other

  Magnolia Mall underwent a renovation intended to update the shopping center and its customer environment.

1. 1Magnolia Mallen.wikipedia.org