What's In Store

J. Crew closes one of its Charlotte stores

A J. Crew store in Los Gatos, Calif. is shown Wednesday, Jan. 5, 2011.
A J. Crew store in Los Gatos, Calif. is shown Wednesday, Jan. 5, 2011. AP

J. Crew has closed its location in Northlake Mall.

The clothing retailer, which closed its doors Sunday, was on the mall’s second level near Macy’s. The store closed because of its “natural lease expiration,” according to Sherri Chisolm-Whiteside, a mall spokeswoman.

“We look forward to announcing new retailers joining Northlake Mall in the near future,” Chisolm-Whiteside said in an email.

J. Crew operates one other Charlotte store in SouthPark Mall. J. Crew Factory has two locations in the area – in Concord Mills and Charlotte Premium Outlets – and J. Crew Mercantile, which sells the same products as J. Crew Factory, opened last year at Park Road Shopping Center.

J. Crew has lost customers over the years because of the prices of its products, and has had to offer deep discounts to move inventory. Same-store sales, an industry term for stores open at least one year, have fallen in 10 out of the past 11 quarters, Bloomberg reports. The retailer has therefore been focusing more on its lower priced chains like J. Crew Mercantile.

Northlake is embarking on a $50 million addition that will add 200,000 square feet of retail to a lot adjacent to the mall off Interstate 77. Northlake was also the site of a fatal shooting on Christmas Eve 2015, and last year on Labor Day, shots were fired in the parking lot, though no one was injured, and there was no property damage.

Katherine Peralta: 704-358-5079, @katieperalta

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