Several US retail chains, including Macy's, JCPenney, CVS, and Footlocker, are shutting down numerous locations in July.

Despite the closure of two well-known retail chains, a shopping plaza in West Melbourne has found a buyer willing to invest millions, signaling potential changes for the local retail landscape.

Then, in December of 2014, Towne West lost Sears, whose parent company had struggled to compete with big box retailers like Wal-Mart and the blow from Internet sales. In 2017, Dillard’s closed one of ...