Which Stores Will Replace Bloomingdale’s at MOA?

According to Mpls.St.Paul magazine Senior Editor Allison Kaplan, Zara and Topshop are among likely new tenants.

Hours after Bloomingdale's said Wednesday that it will close its Mall of America store, the Bloomington mega mall announced that it will add at least four “major international fashion-forward” retailers to the soon-to-be vacant space.

The mall did not release any names, but said that three of the incoming retailers are new to the region. The mall said that it will announce names of new tenants over the next few months.

In her blog Ali Shops, Mpls.St.Paul magazine Senior Editor Allison Kaplan wrote that Spain-based Zara and London-based Topshop are among the likely contenders. Kaplan noted that another retail chain-Canada-based Joe Fresh-is in expansion mode.

Located in the southeast corner of the mall, Bloomingdale's occupies about 210,000 square feet spread over three floors. The Mall of America said that it will spend $30 million to $50 million on renovations and convert a sub-level storage area into retail and restaurant space.

Bloomingdale's, which is owned by Cincinnati-based Macy's, Inc., said it decided to close its only Minnesota store plus three other locations nationwide because they are underperforming. The Mall of America store will close in March and lay off 127 workers.

Meanwhile, the mega mall said that 2011 was a record-setting year, with mall-wide sales increasing 10 percent and traffic rising 3.5 percent. It added 26 new tenants during the year, including high-end retailers Armani Exchange, Stuart Weitzman, and Michael Kors.