History
The mall had three anchors: Hecht's (known as The Hecht Company at the time), Montgomery Ward, and Stewart's (a local Baltimore area department store). When Stewart's closed its doors in the early 1980s, Caldor took over the lease space. Golden Ring's demise began in the late 1980s, and was all but closed in 1990 when Hutzler's at White Marsh Mall closed. Hecht's opened a new location in White Marsh's former Hutzler's space in 1992. The Hecht's and Montgomery Ward stayed open until the mall closed. Caldor closed in the late 1990s, and Simon closed the mall in early 2001.
In early 2002, Simon Properties sold the failing mall to Petrie Ventures, Inc. and Heritage Development Co. of Chagrin Falls, Ohio for $14 million.
Read more about this topic: The Centre At Golden Ring
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