Moorestown Mall
A regional shopping mall in Moorestown, New Jersey, serving the South Jersey and greater Philadelphia market.
Last updated August 25, 2026
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Overview
Moorestown Mall is a regional shopping center in Moorestown, New Jersey, in the suburban Philadelphia retail market. The mall opened in 1963 and has developed through several ownership changes, anchor replacements, renovations, entertainment additions, restaurant initiatives, and adaptive-reuse projects. It is owned by PREIT and has more than 90 stores and services. Its current major destinations include Boscov's, Regal Cinemas, and the Cooper University Health Care–Moorestown Campus, while Five Below, HomeSense, Michaels, and Sierra Trading Post occupy portions of the former Macy's department-store space. A family entertainment venue known as Parky's has been planned for another part of the property. The center began with Gimbels, Wanamaker's, and Woolworths as its principal anchors. Sears joined the property in 1971 after relocating from Camden, New Jersey. The department-store lineup changed repeatedly over subsequent decades: Gimbels became Stern's in 1986, later transitioned through a Boscov's-related concept called Ports of the World, and ultimately became a Boscov's store. Wanamaker's became Hecht's in 1995 and later Strawbridge's, while the Strawbridge's building was rebuilt in 1999. Macy's assumed the Strawbridge's location in 2006 but closed it in 2017. Sears later announced a closure in 2020, leaving Boscov's as the mall's only conventional department-store anchor. Moorestown Mall underwent a partial renovation in 1986 and a comprehensive renovation in 1993–1994 after a major fire damaged the northeastern portion of the complex on December 23, 1992. The property's competitive position was also shaped by its proximity to Cherry Hill Mall, located only a few miles away. The Rouse Company acquired Moorestown Mall in December 1997, with the acquisition reportedly connected to competitive concerns involving Cherry Hill Mall. PREIT later obtained Moorestown Mall and several other retail properties in a 2003 asset exchange involving Christiana Mall. During the 2010s, PREIT pursued a more diversified tenant and visitor mix. Moorestown voters approved liquor sales in 2011, supporting the arrival of polished-casual restaurants and other food-and-beverage concepts. Yard House, described as the Philadelphia region's first location, and Distrito became notable restaurant additions. PREIT and Regal also replaced the former seven-screen United Artists theater with a larger 12-screen, approximately 56,000-square-foot cinema featuring Regal Premium Experience technology. The food court was redeveloped in 2015 to create a more contemporary setting aligned with the center's intended merchandising profile. Like many traditional enclosed malls, Moorestown Mall has faced pressure from changing shopping habits, declining traffic, nearby competition, and rising vacancy. Its reported non-anchor occupancy rate was 82.4 percent in 2019. The property has responded through a mixture of retail backfilling, entertainment, fitness, health care, food service, and proposed mixed-use development. HomeSense, Five Below, and Sierra Trading Post were announced for the former Macy's space in 2018, although the source material identifies HomeSense as the continuing occupant among those three. Planet Fitness opened in 2020. Cooper University Health Care converted the former Sears building into an ambulatory care facility that opened in November 2023. PREIT also received approval in 2022 for 375 apartments and was pursuing a 125-room hotel, with the potential residential total described as reaching 1,065 units. The planned Parky's venue is intended to add mini-golf, arcade, and go-kart attractions, further shifting the property toward experiential and mixed-use retail.
History
Moorestown Mall opened in 1963 in Moorestown, New Jersey, with Gimbels, Wanamaker's, and Woolworths as its original anchor tenants. Sears joined the center in 1971 after moving from Camden, New Jersey. The mall's department-store identity changed substantially during the following decades. Gimbels became Stern's in 1986 and closed in 1990; the space was subsequently used for Ports of the World, a Boscov's concept, before becoming Boscov's. Wanamaker's became Hecht's in 1995 and later Strawbridge's. The Strawbridge's building was rebuilt in 1999, and Macy's assumed the location in 2006. The property received a partial renovation in 1986 and a full renovation in 1993–1994. The larger project followed a serious fire on December 23, 1992, that damaged the northeastern quarter of the mall. In December 1997, The Rouse Company acquired the center. The acquisition was associated with the competitive relationship between Moorestown Mall and the nearby Cherry Hill Mall, which is only a few miles away. On March 7, 2003, PREIT acquired Moorestown Mall in an exchange involving Christiana Mall and several other retail properties. PREIT later attempted to broaden the property's appeal beyond conventional department-store shopping. In 2011, Moorestown residents approved liquor sales at the mall, enabling additional restaurant development. Yard House and Distrito became prominent food-and-beverage additions. In December 2011, PREIT and Regal Entertainment Group announced plans for a new 12-screen cinema of roughly 56,000 square feet. Regal Moorestown Mall Stadium 12 replaced the former seven-screen United Artists theater and incorporated a Regal Premium Experience auditorium, digital projection, stadium seating, 3D capability, automated ticketing, and later full power reclining seats across the screens. The food court was redeveloped in 2015. The mall subsequently experienced the same structural challenges affecting many enclosed shopping centers, including reduced traffic, online competition, anchor closures, and pressure from the nearby Cherry Hill Mall. Non-anchor occupancy was reported at 82.4 percent in 2019. Macy's closed in March 2017, and the former Macy's space was subdivided for HomeSense, Five Below, and Sierra Trading Post. Lord & Taylor announced a 2020 closure, while Sears also announced a closure scheduled for April 11, 2020. Boscov's became the remaining traditional department-store anchor. Planet Fitness opened in October 2020. The property's later strategy emphasized adaptive reuse and mixed-use diversification. In 2022, PREIT received approval for 375 apartments and was working on a 125-room hotel proposal, with a potential residential build-out described as reaching 1,065 units. Turn 7 Liquidators occupied the former Lord & Taylor location in 2022 and closed in 2024. Parky's was identified as the expected successor, with a family entertainment concept involving mini-golf, arcade attractions, and go-karts. Separately, Cooper University Health Care converted the former Sears building into an ambulatory care facility. The Cooper University Health Care–Moorestown Campus opened in November 2023. As of the source material's 2026 description, Parky's remained under construction.
- 2026
Parky's remains under construction
[1]The planned family entertainment center is described as under construction, with mini-golf, arcade, and go-kart attractions.
- 2024
Turn 7 Liquidators closes
[1]Turn 7 Liquidators closes in the former Lord & Taylor space, which is expected to be repurposed for Parky's.
- 2023
Cooper health-care campus opens
[1]Cooper University Health Care opens an ambulatory facility in the former Sears building in November.
- 2022
Mixed-use redevelopment receives approval
[1]PREIT receives approval for apartments and advances plans for a hotel on the mall property.
- 2020
Lord & Taylor and Sears exits reshape the anchor lineup
[1]Lord & Taylor and Sears close or announce closures, leaving Boscov's as the only traditional department-store anchor.
- 2020
Planet Fitness opens
[1]Planet Fitness opens at the mall on October 15.
- 2018
Former Macy's space begins conversion
[1]HomeSense, Five Below, and Sierra Trading Post are announced for the former Macy's building.
- 2017
Macy's closes
[1]Macy's closes its Moorestown Mall store in March.
- 2015
Food court redevelopment
[1]The food court is upgraded to better support the mall's retail and restaurant positioning.
- 2011
Liquor sales approved
[1]Moorestown residents vote to permit liquor sales at the mall, supporting restaurant expansion.
Products and positioning
A regional shopping and mixed-use destination combining department-store and specialty retail with restaurants, cinema, fitness, ambulatory health care, and planned family entertainment and residential uses.
Department store
Boscov's
Boscov's is the mall's remaining traditional department-store anchor. The location occupies space that previously passed through Gimbels, Stern's, and the Ports of the World concept before becoming a Boscov's store. It provides broad merchandise categories and serves as a principal general-shopping destination within the center.
Cinema · 2011
Regal Moorestown Mall Stadium 12
The Regal cinema replaced the former seven-screen United Artists theater with a larger 12-screen complex of approximately 56,000 square feet. Its planned and installed features included Regal Premium Experience, digital projection, surround sound, 2D and RealD 3D presentation, stadium seating, automated ticket kiosks, and later power reclining seats throughout the auditoriums.
Ambulatory health care · 2023
Cooper University Health Care–Moorestown Campus
Cooper University Health Care converted the former Sears building into an ambulatory care facility. The Moorestown Campus opened in November 2023 and represents a major adaptive-reuse project that expands the mall property beyond conventional retail and entertainment.
Home goods retail · 2018
HomeSense
HomeSense occupies part of the former Macy's anchor building. It was announced in 2018 and opened in September of that year, adding home furnishings and decorative merchandise to the property's replacement-anchor mix.
Arts and crafts retail
Michaels
Michaels is identified as a junior anchor at Moorestown Mall. Its presence adds arts, crafts, hobby, and seasonal merchandise to the tenant mix and contributes to the former department-store space's subdivision into several destination-oriented retailers.
Family entertainment
Parky's
Parky's is a planned family entertainment center for the former Lord & Taylor space. The concept is expected to include mini-golf, arcade games, and a go-kart track. The source material describes the venue as under construction as of 2026.
Brand decisions
2022
Mixed-use redevelopmentStrategyBackground
Anchor closures, changing consumer behavior, and competition from Cherry Hill Mall increased the need to diversify the property's uses.
Action taken
PREIT gained approval for 375 apartments and pursued a 125-room hotel, with the potential residential program described as reaching 1,065 units.
Aftermath
The plan positioned Moorestown Mall as a potential mixed-use district rather than solely an enclosed retail center.
2015
Food-court repositioningStrategyBackground
The mall was attempting to align its common areas and dining offer with a more upscale merchandising and demographic profile.
Action taken
The food court was redeveloped and upgraded.
Aftermath
The renovation created a more contemporary dining environment, although later vacancy and traffic pressures continued.
2011
Diversification through restaurants and permitted liquor salesStrategyBackground
The mall sought to increase revenue and broaden its appeal as a regional destination while facing competition from the nearby Cherry Hill Mall.
Action taken
Moorestown voters approved liquor sales at the mall, supporting the arrival of upscale polished-casual restaurants including Yard House and Distrito.
Aftermath
The decision contributed to a broader tenant mix in which dining became an important complement to retail.
2011
Replacement of the former United Artists theaterProduct launchBackground
The existing seven-screen theater was considered too small for the mall's intended entertainment and destination strategy.
Action taken
PREIT and Regal announced a new 12-screen, approximately 56,000-square-foot stadium cinema with an RPX auditorium and expanded seating and presentation technology.
Aftermath
The project more than doubled the previous theater's screen count and added a major entertainment anchor to the property.
Recent events
- 2024
Parky's planned as a family entertainment center[1]
Product launch · Other
Following the closure of Turn 7 Liquidators in the former Lord & Taylor space, the property was expected to receive Parky's, a family entertainment center featuring attractions such as mini-golf, an arcade, and a go-kart track.
- 2023
Cooper University Health Care opens Moorestown Campus[1]
Product launch · Other
Cooper University Health Care opened an ambulatory care facility in the former Sears building, creating a health-care use within the mall property.
- 2022
PREIT receives approval for apartments and pursues a hotel[1]
Other
PREIT received approval to develop 375 apartments on the mall property and was pursuing a 125-room hotel. The source material indicated that the residential program could ultimately expand to as many as 1,065 units.
- 2020
Sears announces closure of its Moorestown Mall store[1]
Other
Sears announced that the Moorestown Mall store would close on April 11, 2020, as part of a broader national store-closure plan.
- 2020
Planet Fitness opens at Moorestown Mall[1]
Product launch
Planet Fitness opened a location at the mall, adding fitness services to the property's increasingly diversified tenant mix.
- 2019
Lord & Taylor announces closure of its Moorestown Mall store[1]
Other
Lord & Taylor announced that its Moorestown Mall store would close in 2020, contributing to the center's continuing anchor-space turnover.
- 2018
HomeSense, Five Below, and Sierra Trading Post announced for former Macy's space[1]
Product launch · Other
New tenants were announced for portions of the former Macy's building. HomeSense opened in September 2018, Five Below was scheduled for winter 2018, and Sierra Trading Post for winter or spring 2019.
- 2017
Macy's announces closure of its Moorestown Mall store[1]
Other
Macy's announced that the Moorestown Mall location would close as part of a nationwide store-reduction program. The store closed in March 2017.
- 2011
PREIT and Regal announce a new 12-screen Moorestown Mall cinema[1]
Product launch · Other
PREIT and Regal Entertainment Group announced plans for a larger state-of-the-art theater to replace the mall's former seven-screen United Artists cinema. The project included a Regal Premium Experience auditorium and expansion into space formerly occupied by an adjacent skate park.
Sources1 sources
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