Two stores have left and a third is exiting Spring Hill Mall in West Dundee, but mall managers say “exciting” new tenants are on the way.
Two retailers left the mall just after Christmas, while a third is on its way out.
Regis Hair Salon decided not to renew its lease, which expired on New Year’s Eve.
A Regis representative said the five employees who worked there were offered opportunities to work at other salons owned by the Regis Corporation.
The representative would not comment on why the lease was not renewed.
Rouse Properties, which owns and manages the mall and also would not comment on the leasing matters.
“There are times when retailers make decisions to close stores at the expiration of their leases,” General Manager Amy Prew said in a statement. “We are actively working with a number of exciting new tenants for the mall.”
Kids Club, a clothing store for children and babies, also closed earlier this week.
Finally, PacSun is offering deep discounts in preparation for its own closure. The store, which promotes the California lifestyle through clothes and shoes and accessories, has another location at Algonquin Commons.
Corporate representatives from Pacific Sunwear and W & W Wholesale Inc., owners of Kids Club, could not be reached.
West Dundee Village President Larry Keller said officials are planning the next budget, they aren’t sure what impact the closures will have on the village’s sales tax receipts. Whatever it is, West Dundee will deal with it, he said.
“Nobody likes to see stores leave but it is a fact of life that every business has a life span,” Keller said. “They’re more economic than emotional issues. If it was emotional, they would more likely stay, but they can’t afford to because the customers aren’t coming in.”Copyright © 2013 Paddock Publications, Inc. All rights reserved.