History
Ashtabula Towne Square opened in 1992 as Ashtabula Mall. The mall featured Dillard's, JCPenney, Kmart, Phar-Mor, Carlisle's and Sears as anchor stores. Kmart's location in the mall was a prototype store for the chain; Phar-Mor's location was not only a prototype, but also the chain's 300th location. While Sears and Phar-Mor opened in August of that year, the mall itself did not open until the fall. Carlisle's closed in 1994 with the chain's demise and was later converted to a Dillard's Home Store.
Kmart expanded to a Supercenter in the mid-late 1990s, around the same time that Phar-Mor closed. Steve & Barry's replaced Phar-Mor in 2005. Also, Dillard's closed the Home Store to focus on fashion apparel but ended up also closing its main location in 2007.
The mall was purchased by Cabot Investment Properties in 2008 and renamed Ashtabula Towne Square. Since the mall's renaming, several more stores have closed, including Old Navy, Spencer's Gifts, Claire's, Sears, and Yum Yum Tree (a card, gift and candy shop). Famous Labels has since opened in the former Dillard's Home Store and Dunham's Sports has opened. Ruby Tuesday also closed its Ashtabula Mall location in March 2008, followed by Steve & Barry's in October. Finish Line, Inc., King's Jewelers and Zales have also closed since early 2009, and Waldenbooks closed in early 2010. The mall was foreclosed on in 2011.
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